Facebook likely to work with HTC to modify Android phone

Facebook will introduce its smartphone strategy today with the social network company expected to team up with phone maker HTC on a midpriced Android-powered handset in which Facebook will tweak the software to provide the company with a major presence on the home screen of the handsets. Also, EMarketer issued a report Wednesday predicting that Facebook would more than double its U.S. mobile advertising revenues this year to $965 million following a move to insert ads into cellphones and tablets.

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