A report from TechCrunch today claims that Facebook may be working on a mobile device of its own to compete in the ever-warming smartphone race. According to a "source who has knowledge of the project," the social networking site has put two high level employees to the task of a creating a smartphone which will allow deep integration with Facebook contacts. Apparently, says the source, Facebook has been concerned that Apple and Google represent some kind of threat as competitors, though there is rather deep Facebook integration in the Android platform, and even the iPhone app allows for contact merging. Additionally, the site speculates that the device could be targeted at the low end of the market ($50 or less), which would not place it as a direc
