facebook phone

5 Things to Watch This Week

Nobody can predict all the news that will move the markets in a given week, but here are a few things we do know will help shape the week ahead on Wall Street.

Facebook: We're Not 'Building a Phone'

Facebook moved quckly Sunday to pour cold water on a report by Techcrunch that the social networking kingpin is building a mobile phone. "The story, which originated in Techcrunch, is not accurate," a spokesman said. "Facebook is not building a phone." But it is working on "deep integration" with mobile devices.