Facebook's Zuckerberg Both Woos And Lashes Out At Phone Industry

Facebook Chief Executive Mark Zuckerberg on Monday tried to extend an olive branch to mobile phone companies, on which the popular social network company increasingly relies, but which are also among his biggest critics.

Speaking for the third straight year to an annual gathering of tel... read moreecoms executives at the Mobile World Congress, Zuckerberg sought to show his company could be a valuable, if truculent, ally to the wireless industry.

He described a new project Facebook is working on with major telecom players, including Nokia, Deutsche Telekom, SK Telecom and Intel to help rapidly build far faster mobile networks at lower costs.

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  • Deepak Mishra
    Deepak Mishra February 23, 2016
    Facebook as company has probably gone down, hasn't it? This is the time they should invest their fortune in some other business.