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Mark Zuckerberg Discusses Mobile, IPO, Search and Facebook’s Future (AllFacebook)
At TechCrunch’s Disrupt SF event in San Francisco Tuesday, Facebook CEO and co-Founder Mark Zuckerberg — dressed in a grey shirt, jeans and tennis shoes — kept a happy tone as he discussed his company’s focus on mobile, the brain drain, its initial public offering, search and his vision for the future. This was Zuckerberg’s first public address since Facebook’s IPO in May. AP He emphasized that Facebook cared about making money as well as pursuing his mission to make the world a “more open and connected place.” Zuckerberg also repeated his belief that the company would figure out numerous ways to profit from the growing number of its 955 million worldwide users who visit the social network through mobile applications instead of Web browsers on desktop computers. ZDNET Zuckerberg identified what he called Facebook’s biggest strategic mistake in the last few years: “The biggest mistake we made as a company was betting too much on HTML5 rather than native.” A large portion of the audience seemed to be in accord with Zuckerberg on this one (or at least fans of native apps) as his ensuing explanation garnered a bit of applause. San Francisco Chronicle One rumor that has echoed for two years is that Facebook is building its own smartphone, but Zuckerberg said that as juicy as those reports may sound, they are off base. “It’s so clearly the wrong strategy for us,” he said. The New York Times/Bits Blog Zuckerberg’s remarks seemed to have a positive effect; immediately after he spoke, Facebook shares rose about 3 percent in after-hours trading. Still, Facebook shares are now worth roughly half of the public offering price, and Zuckerberg is under intense pressure to restore its credibility among investors, a problem he acknowledged.
Expectations Build for Apple’s New iPhone (The Wall Street Journal)
When Apple introduces its latest device today, everyone will be watching to see if it can maintain the place it has long held as top-selling smartphone in the United States. Speculation about whether the iPhone — introduced in 2007 — can measure up to new devices is brewing. Reuters While no one company has yet been able to match Apple’s seamless integration of hardware and software, Google’s Android has become the most-used mobile operating system in the world, and Samsung has the lead in device sales. Today’s iPhone 5 launch also comes days after Nokia unwrapped its first phone to run the latest Microsoft Windows software, intended to spearhead a new family of devices. The Washington Post Lost amid the speculation about screen size and battery life is something more important to most consumers: What can you watch on it? The licensing deals that allow movies, books and music to stream into the latest mobile devices, while long at the heart of their appeal, are becoming even more critical as several of the biggest technology companies fight for an edge in the lucrative market for smartphones and tablets.
How Twitter Users are Memorializing 9/11 (Mashable)
To commemorate those lost in the Sept. 11, 2001 attacks that occurred 11 years ago on Tuesday, many Twitter users spent the morning sharing details about where they were when they first heard the fateful news. Where were you when you first heard the news? SocialTimes We’ve compiled a short list of some of the ways the world is remembering 9/11 on the social Web. Check out some of the videos, images and links, and feel free to share your stories with us in the comments.
Twitter Told to Produce Protestor’s Posts or Face Fine (CNET)
Twitter has to turn over information about an Occupy Wall Street protester’s posts or face a fine, a judge ruled, giving the company three days to show it isn’t in contempt of court. New York State Supreme Court Judge Matthew A. Sciarrino Jr. in Manhattan Tuesday said Twitter must produce the information by Sept. 14 or provide its earnings statements from the last two quarters so he can decide on a fine.
Quora Takes Page From Twitter With Trending Topics (PC Magazine)
Question-and-answer site Quora today announced the overhaul of its topic pages and the addition of homepage trending topics. In a ground-up redesign, the site’s topic page now combines the feed with three sections on each page: about, questions and manage.
@Fault: Besieged U.S. Embassy #Fails its Twitter Defense (Wired)
When Egyptians stormed the gates of the U.S. Embassy in Cairo, the diplomats took to their computers and mobile devices — and blamed an American video for stirring up the locals. But the embassy’s tweets against the movie and “religious incitement” instantly came in for more criticism, from Americans who thought the diplomats had conceded far, far too much — like basic principles of free speech.
Report Confirms That Social Casino Games Have Hit the Jackpot With $1.6B in Revenue (VentureBeat)
Social casino games are expected to hit $1.6 billion in worldwide revenue this year and grow to $2.4 billion by 2015, according to a new report. Social casino games are coming out of the woodwork, and gamers are turning to them avidly on Facebook.
Social Learning Network Brainly Raises $500K From Point Nine Capital, Angels (TechCrunch)
Poland, Cracow-based social learning network Brainly, which operates a number of sites across Europe, has secured a $500k investment from VC firm Point Nine Capital and local angels, including Mariusz Gralewski, founder of the Polish professional network GoldenLine, and the founders of niania.pl, the largest “nannies platform” in Poland (sold to Edipresse). The company says that the new funds will be used to further develop its social learning networks, and to expand into new markets — a move that should see the launch of an English language version and mobile products, putting Brainly in direct competition with the likes of Koofers and OpenStudy.
RIM’s Indonesia Stronghold Begins to Show Cracks as Android Overtakes BlackBerry (The Next Web)
Indonesia is a key market for RIM, but the once globally dominant smartphone maker has suffered a blow in the country after the Google-owned Android platform overtook it as the leading smartphone operating system there, according to research from IDC. Indonesia’s shipments of Android-powered devices in the second quarter of 2012 hit 52 percent, the analyst firm says, thanks to continued progress from Samsung, HTC and Sony.