Why Facebook Is Building Its Own Operating System

Facebook (NASDAQ: FB) is working on its own operating system, according to a report by The Information. As Facebook expands its lineup of hardware, it's become increasingly reliant on Android, the open-source operating system from Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google. Working on its own operating system suggests Facebook sees a lot of potential in its hardware business.

"We really want to make sure the next generation has space for us," Facebook's VP of augmented and virtual reality, Andrew Bosworth, told The Information. "We don't think we can trust the marketplace or competitors to ensure that's the case. And so we're gonna do it ourselves."

It's certainly possible to build successful hardware based on Android (see Amazon's (NASDAQ: AMZN) Fire TV and tablets). But Facebook stands in more direct competition with Google and may be better served by developing its own software.

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Source Fool.com