Facebook Looking to Team with Samsung

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn


Mark Zuckerberg promised investors that Facebook (NASDAQ:FB) would invest in products that are going to reward the shareholders. In order to increase revenue, Zuckerberg has talked about a partnership with Samsung (OTC:SSNLF), and it looks like they are pushing to make it happen.

Sheryl Sandberg, Facebook’s Chief Operating Officer is promoting her book in South Korea, but she is also encouraging a partnership with Samsung. Last month when Zuckerberg went to South Korea he met with Samsung executives as well as South Korea President Park Geun-hye.

There were rumors that during his visit Zuckerberg was discussing a Facebook phone with Shin Jong-kyun, the head of Samsung’s mobile unit. Samsung denied that a “Facebook-friendly” phone was in the works though.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business