Facebook takes on email

Young people find email 'too slow'

"We don't think that a modern messaging system is going to be email," he said. Facebook's existing messaging system already delivers four billion messages per day, Zuckerberg said, with young people finding email "too slow".

Facebook Mail had been seen as a threat to Gmail, Yahoo! Mail and Hotmail, also coinciding with a revamped email offering from AOL called Project Phoenix.

Zuckerberg denied that Facebook is declaring war on email, despite the fact that users will soon have the option to create "@facebook.com" addresses: "This is not an email killer," he said. "This is a messaging system that includes email as one part of it. We don't expect anyone to wake up in the morning and shut down their Gmail or Yahoo account."

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