Finally we have a Facebook (META 0.16%) phone. Sort of. At a press event yesterday, the social network unveiled its "Home" overlay for the Android operating system. Downloading and installing the app gives it control of your home screen and allows users to connect with friends regardless of what other app they may be using at time.

Later this month, HTC will unveil First, a smart handset with Home pre-installed. Will the move disrupt Google (GOOGL -0.77%), which has been taking steps to better compete with Facebook? Which of these two is better positioned to grab a bigger slice of the fast-growing mobile data pie?

The Motley Fool's Erin Miller asks Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova for his perspective in the following video. Click to watch the whole interview, and then leave a comment to let us know what you think about Facebook's strategy.