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Facebook Launches Hybrid Email Messaging Service

Facebook unveiled on Monday a messaging service designed to incorporate email, SMS, chat and messages under one system, a move that could potentially erode the markets of a host of other high-profile email providers from Google's Gmail to Yahoo's Yahoo mail. But Facebook founder Mark Zuckerberg downplayed the potential affect on email providers, saying in a Webcast: "This is not an email killer. This is a messaging system that includes email."