Facebook's Hardware Ambitions May Have Much in Common With Amazon and Intel's

In some ways, it's quite understandable that a tech giant that produced $11.6 billion in free cash flow last year and claims nearly a quarter of the world's population as monthly users has some consumer hardware projects in the works. Even if the lion's share of its revenue comes from running ads on digital venues used for sharing things like baby pictures and "viral" dog videos. This is, after all, a world where Alphabet/Google (GOOGL) sells phones and HDMI sticks, Amazon.com (AMZN) sells tablets and home speakers and Snap Inc. sells video-recording sunglasses.

But it's worth remembering that to date, all of Facebook's (FB) hardware initiatives -- in the consumer realm or elsewhere -- have centered around developing platforms that aim to make the social media giant more effective at doing the things it does best. The same might hold for the products reportedly being developed at its secretive Building 8 unit....777 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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