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Facebook Inc (FB): This Will Be Zuckerberg’s Plea To Developers At The F8 Conference

Facebook Inc (NASDAQ:FB)’s co-founder and CEO Mark Zuckerberg will be making a plea to developers at the coming F8 Developers Conference.

According to CNET, the young billionaire will likely be changing tone of the unofficial motto of the company’s annual developer conference. Zuckerberg will be appealing to developers to work more with his company, the publication said.

CNET notes that the unofficial motto of the conference used to be “move fast and break things”. However, it has been changed to “move fast with stable infrastructure” in a sign that Facebook Inc (NASDAQ:FB) wanted to get rid of the impression that it doesn’t care about troubles developers may come across by constantly changing programming.

Facebook, is FB a good stock to buy, Mark Zuckerberg, F8 Developers Conference, applications,

With the new unofficial motto, Zuckerberg will reflect his goal of getting more developers to develop apps with Facebook Inc (NASDAQ:FB) in mind.

“[…] Facebook needs help from app developers, of all sizes and across industries. When they connect with his service […] Facebook becomes more ingrained in customers’ lives. And Zuckerberg wants more […] apps, providing more ways to engage users and, ultimately, attract more advertising,” writes CNET’s Ian Sherr.

Sherr noted that Facebook Inc (NASDAQ:FB) gets almost all of its sales from advertising and developers and apps are the “glue” that makes the social network “sticky”. In other words, by integrating Facebook to many different apps, the social network gets more eyeballs and more time with those eyeballs not to mention all of the data the company is getting.

Meanwhile, CNET also noted that one of the biggest presentations in the coming F8 Developers Conference will focus on virtual reality. The social network owns virtual reality company Oculus VR which it bought for over $2 billion in 2014.

Karthik Sarma’s SRS Investment Management owned 5 million Facebook Inc (NASDAQ:FB) shares by the end of 2014.

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