Facebook and

Nokia

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are in talks about a partnership that would embed parts of the Facebook social network into some Nokia phones, the

Wall Street Journal

reports, citing people familiar with the matter.

The

Journal

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says financial terms of the potential deal couldn't be learned, nor was it clear how many of Nokia's devices would be included.

Under one alternative, contact information stored in Facebook would be integrated with the phone's address book, the

Journal

reports. When users looked up a contact, they could see whether their Facebook friends were logged on, send them messages and post comments on their profile pages.

Talks between the companies have been going on for months, and it is unclear whether an agreement will be reached, these people said, according to the newspaper. Nokia is deciding whether it wants to team up with an established Web player like Facebook, or to build a social network from the ground up, the

Journal

says.

This article was written by a staff member of TheStreet.com.