Yes, there are multiple rumors that this is true. Not only has Facebook been trying this for a little while now, but they are hiring ex Apple engineers in order to try and create the "ultimate" smart phone. Personally, I think this is just going to be a huge bust because this race will always end with Apple in the lead. Apple is just way too popular, and the iPhone is trumping all other phones out there. Facebook is serious about this but I do not think that they can pull off having their own phone jut as Google did.
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