Facebook backing Mozilla?

Investor's Business Daily

The social networking site will get on the Mozilla mobile software bandwagon as it aims to grow wireless revenue, says consulting firm Informa Telecoms & Media in its '13 outlook. "We expect Facebook (FB) to emerge as a strong backer of the new Mozilla mobile operating system, which is expected to challenge Google's (GOOG) Android in the low-cost smartphone device sector," it said. Mozilla is in the early stages of developing a mobile version of the Firefox OS. Facebook shares fell 1.1% to 27.41.

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