There have been rumors for a couple of years that Facebook was working on its own smartphone to would rival iPhone, but when Mark Zuckerberg made the announcement about Home last week, it turned out not to be a dedicated Facebook device as an overlay for existing phones that run the Android system. On my America Weekend show, I called upon KTLA-TV/Los Angeles tech reporter Rich DeMuro to explain what Home is, and how it’s really about increasing Facebook’s reach in the mobile sector — and monetizing it.

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