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Facebook CEO met with Samsung to discuss possible partnerships

Facebook's CEO met with Samsung to discuss possible partnerships
| Business, Financial & Legal News | Posted: Jun 19, 2013 1:03 am

Facebook's CEO, Mark Zuckerberg, has met with Samsung's head of handsets to talk about possible partnerships to boost advertising sales from mobile devices. This comes shortly after the recently launched HTC First was deemed a failure by most. AT&T quickly reduced the purchase price to just $0.99 with a new contract.

 

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It's not clear if Facebook would like to create another device like the HTC First with Samsung, or if a partnership would include something different. Facebook's CEO has pledged to invest in products to reward investors. Facebook's stock price is down 37 percent since it launched in May 2012.

 

Facebook declined to comment on the visit.

NEWS SOURCES:Bloomberg.com

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