Facebook (FB) Taps Apple (AAPL) Engineers for New Smartphone
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Reports over the weekend suggest Facebook (Nasdaq: FB) hired well over "half a dozen former Apple software and hardware engineers," as well as one who worked on the iPad, for what we assume is an ongoing Facebook-themed mobile device. Because checking your Crackberry every 5 minutes for email or to scan Facebook status updates isn't enough of a distraction.
With the recent release of its Facebook Camera app, the social networking giant now has three apps for Apple's (Nasdaq: AAPL) iPhone.
Facebook is also said to be in cahoots with HTC over a smartphone which could come out in the third quarter of this year. Otherwise, Facebook's IPO raised an additional $16 billion for the company, which could be used to buy a company like HTC or Research In Motion (Nasdaq: RIMM).
AppleInsider noted Facebook CEO Mark Zuckerberg is worried the company doesn't have a mobile device offering yet. With shares dropping from the IPO following questions of Facebook's plans on revenue growth and the company itself citing more users moving to mobile devices to access the service as a "risk," having an entire smartphone might be one of the better options on the table right now.
Last week, reports said Facebook might be mulling the acquisition of Opera, a Norwegian developer of a (relatively) popular web browser.
Shares of Facebook are down over 1 percent ahead of the bell Tuesday.
Reports over the weekend suggest Facebook (Nasdaq: FB) hired well over "half a dozen former Apple software and hardware engineers," as well as one who worked on the iPad, for what we assume is an ongoing Facebook-themed mobile device. Because checking your Crackberry every 5 minutes for email or to scan Facebook status updates isn't enough of a distraction.
With the recent release of its Facebook Camera app, the social networking giant now has three apps for Apple's (Nasdaq: AAPL) iPhone.
Facebook is also said to be in cahoots with HTC over a smartphone which could come out in the third quarter of this year. Otherwise, Facebook's IPO raised an additional $16 billion for the company, which could be used to buy a company like HTC or Research In Motion (Nasdaq: RIMM).
AppleInsider noted Facebook CEO Mark Zuckerberg is worried the company doesn't have a mobile device offering yet. With shares dropping from the IPO following questions of Facebook's plans on revenue growth and the company itself citing more users moving to mobile devices to access the service as a "risk," having an entire smartphone might be one of the better options on the table right now.
Last week, reports said Facebook might be mulling the acquisition of Opera, a Norwegian developer of a (relatively) popular web browser.
Shares of Facebook are down over 1 percent ahead of the bell Tuesday.
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