Zuckerberg reassures investors over Facebook's mobile strategy

05/13/2012 | Reuters · Bloomberg · Bloomberg Businessweek · MediaPost Communications

CEO Mark Zuckerberg is telling investors that mobile and the ad experience are the company's main focus as it prepares for its initial public offering. Investor sentiment has cooled somewhat after Facebook's admission that ad growth has lagged the growth in users, many of whom access the network through mobile devices. But Zuckerberg acknowledged the problem and highlighted the potential for Facebook, noting that "people will listen to music and watch TV with other people" through the social network.

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Reuters · Bloomberg · Bloomberg Businessweek · MediaPost Communications

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