Samsung has plans to release their own social network

Samsung has plans to release in 2013 their own social network.
This network combines all Samsung devices with each other.
The service will leverage the in-house Family Story app, which allows users to share thoughts, pics and videos, chat and set schedule reminders.
If the new social network will be a success is not sure.  Apple tried the same with Ping without success.
Beating a social network like Facebook is even hard.
But as you all know almost evryone own a Samsung device.

By Samsung:
By the end of the year, we will have a polished and finished version of Family Story that will be offered first to Samsung device users for free. The new service will become available in the first quarter of next year at the earliest. The eventual goal is to expand our social media service across different devices from different companies across different mobile platforms. That includes cameras, televisions and blue-ray players.