BRIEF-Facebook CEO: monetization in apps such as Instagram is not a priority

April 23 Wed Apr 23, 2014 8:01pm EDT

April 23 (Reuters) - Facebook Inc : * CEO says monetization in apps such as instagram is not a priority * CEO says Mobile app install ads have driven more than 350 million installs to

date * COO says doesn't expect "meaningful contributions" from video ads or

instagram ads this year * CFO says non-GAAP expenses to grow 35 percent to 40 percent in 2014 * CFO says ad revenue growth in 2014 to decline from Q1 rate

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