There's no evidence yet that Facebook is reading text messages on your iPhone, but if you own a Droid or another of the popular Android smartphones, Facebook may be reading all of your text messages. It turns out that Facebook may be developing its own messaging system for use on smartphones and, as part of that experiment, may be accessing all of your text messages. Although it's technically possible for the Facebook Droid app to read your text messages, Facebook reps denied this weekend that Facebook is actually doing so. Would such a disclosure dampen your use of Facebook on your smartphone? I'm an avid Facebook user and I'm not sure it's going to slow me down at all. Click here to read the story from CBS News and make draw your own conclusions.