Samsung Says They Are Not Working On A Facebook Competitor

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Today Samsung Electronics has denied rumors that they are working on a social network to compete against Facebook. “There have been inquiries and a few articles claiming that Samsung Electronics is going to offer a Facebook-like service, being developed under a code-name called ‘Samsung Facebook.’ However this is not true and the rumor is groundless,” said Samsung in a statement. The rumor was first reported by The Korea Times.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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