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  • No more Facebook? Mark Zuckerberg has a vision says Ben Horowitz

    Nicole Goodkind at Daily Ticker16 mins ago

    Two years after Facebook’s tumultuous IPO the company has found its grounding once again with strong financials and an ever-growing user base. Nearly one-fifth of time Americans spend on their smartphones is spent using Facebook and the company has been successful in its acquisitions of Instagram (for $1 billion), Whatsapp ($19 billion) and virtual reality platform Oculus ($2 billion).

    Related:Facebook's Mark Zuckerberg earns $1 salary in 2013

    Yesterday, Mark Zuckerberg told The New York Times that he wanted to dismantle the $150 billion company. This year he began Creative Labs, which aims to revamp the way the company distributes it services. “What we’re doing with Creative Labs is basically unbundling the big blue app,” he told the Times. Facebook is planning on splintering into more focused, smaller services.

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