Mark Zuckerberg breaks his silence

Facebook founder and CEO Mark Zuckerberg (Rex Features)

The Facebook founder and CEO has been eerily quiet during the fallout from his company's disastrous IPO. No longer. As Alex Klein reports: "Mark Zuckerberg took the stage Tuesday afternoon at TechCrunch Disrupt, San Francisco’s annual and much-buzzed digital pow-wow, to give his first interview since his company’s disastrous IPO. With Facebook now trading at about half its IPO price, the young CEO had a lot to answer for."

"But Zuck looked good: chuckling, energetic, and (dare we say it) a little buffer than usual. In a particularly metaphorical moment, TechCrunch CEO Michael Arrington (an old friend) asked the world’s richest 28-year-old if he still codes—and if his code ever breaks. “Everything I do breaks,” joked Zuckerberg. “But we fix it quickly.” The audience burst into applause."

Klein goes on: "The big bet seems to be to use old strategies on a new platform: not to build up a brand new business-model in the wake of the horrible IPO. As Zuckerberg put it, “the main thing that’s misunderstood right now is how fundamentally good [our mobile strategy] is, on a lot of levels … We’re going to make a lot more money on mobile than we are on desktop.”