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An energized Mark Zuckerberg seeks to calm Wall Street

SAN FRANCISCO -- An energetic Mark Zuckerberg addressed a rapt crowd at the TechCrunch Disrupt conference here. The 28-year-old CEO wore his traditional gray T-shirt and sat on the edge of his chair as TechCrunch co-founder and angel investor Michael Arrington fired questions at him, starting with the botched IPO. Zuckerberg powered his way through the conversation, talking fast and confidently about the opportunities that lie ahead for Facebook and its investors.

While the hall was packed with techies and Zuckerberg had the hometown advantage, he clearly knew that he was talking to Wall Street -- and, by default, all … Read more

Zuckerberg calls Facebook phone 'the wrong strategy'

A Facebook-branded smartphone wouldn't make any sense for the company, CEO Mark Zuckerberg said once again on Tuesday.

In response to a question from moderator Michael Arrington at TechCrunch Disrupt, Zuckerberg said the long-rumored Facebook phone wasn't likely to spur significant new usage of the service.

A Facebook phone might draw 10 million buyers, he said -- a pittance compared with the 950 million users that the company is now approaching.

"It doesn't move the needle for us," he said.

In his comments, Zuckerberg echoed the thoughts of those who said Facebook's … Read more

Zuckerberg: Facebook to move into search

Here's a Tuesday afternoon headline courtesy of Mark Zuckerberg: Facebook search.

Speaking at TechCrunch's Disrupt conference, Facebook's CEO didn't get specific about the timing. But he left little doubt about the direction in which the company was moving:

"We do a billion queries a day and we aren't even trying. Mostly trying to find people or brand pages or apps. There is a big opportunity in search, evolving to giving a set of answers to a specific question and Facebook is uniquely positioned to do that. For example, 'Which of my friends or friends … Read more

Zuckerberg: People aren't seeing how good mobile is for us

Facebook expects its mobile efforts to "make a lot more money than we make on desktop," CEO Mark Zuckerberg told the audience at TechCrunch Disrupt today.

In his first comments since Facebook's initial public offering, the Facebook founder said the company's performance on mobile devices has been underestimated. In the past six months, the company has begun inserting ads into the mobile news feed, announced a significant integration with Apple devices, and improved its application for iOS devices.

"One of the main things that I think is misunderstood is how fundamentally good it is on … Read more

Zuckerberg: 'Employees want to make a bunch of money'

SAN FRANCISCO--Facebook CEO Mark Zuckerberg said that in order to take his company where he wants it to go, he knows that he needs to help prospective -- and current -- employees "make a bunch of money."

Facebook's mission has been to build a great service and to put that mission in front of profit margins, Zuckerberg told a packed audience at TechCrunch Disrupt today (see CNET's live blog). The idea, he said, is that building a great service and a great company go hand in hand. And getting great employees to help with that mission … Read more

Senate iPhone hearing preview: Don't single out only apps

New privacy laws should not single out only mobile app developers, a trade association representing small software companies is planning to tell a Senate committee tomorrow.

Jonathan Zuck, president of the Association for Competitive Technology, said in an interview with CNET this afternoon that any legislation arising out of the recent controversy over Apple iPhones and location tracking should be broad, not narrow. (See a list of related stories.)

"If you're going to put some privacy legislation in place, it shouldn't be some piecemeal regulation of some small portion of the technology industry because it's new … Read more