Facebook, Vodafone, Alcatel Lucent Developing $100 Facebook Phone

Facebook and Vodefone will release Alcatel Lucent-manufactured feature phone called the Vodafone 555 Blue that will have a Facebook-centric operating system and dedicated physical Facebook sharing button. The companies are aiming at a $100 price point to target users in both the developing and first-world, especially teens, that want enhanced Facebook functionality without paying for a smart phone.