A spokesperson from the company has since stepped up and denied Facebook are building a phone.
Click for more.
Facebook is building a sub $50 phone, according to one report received by Michael Arrington at TechCrunch. The source indicates that two 'high level' employees at the company are secretly working to build a Facebook branded device, aimed at the more price-wise consumers.
The developers said to be in on the project are Joe Hewitt and Matthew Papakipos, both of whom would have their reasons for working on such a product. Between them they share a fair deal of experience in OS, UI and mobile development.
So, what do we know about this thing? Well, not a lot. If the tip-off is genuine we can expect deep integration of Facebook friends with mobile contacts and as Arrington points out, probably a low price. But has FB really got a place in today's overcrowded market?
