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Facebook has opted out of designing a new phone and instead worked with the Google Android platform to create a new overlay that replaces your app icons with social info. The lockscreen’s replaced with Cover Feed and prioritizes updates from people instead of apps, whilst using an algorithm to determine the updates that are most important to you. Need access to your apps? Just swipe notifications off screen to dismiss them while using a long press can remove all notifications in one go. Full-screen images really give Home an engaging palette, with the end result being a blend between Android and iPhone social networking app Path. Plain text status updates are placed over a user’s cover photo, to keep the appearance consistent with photo-centric posts.

Chat Heads is Facebook’s new messaging app that’s featured in Home. It allows you to quickly and easily communicate with your friends without leaving the app yo’re in. Circular icons are featured on the right-hand side, with the ability to drag them to anywhere you like on the screen. Tap them and you open a pop-over chat dialog that combines IMs and text messages into a universal interface.

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In case you’re wondering what $1 Billion can get you these days, this is it. Both Facebook and Instagram have confirmed the purchase of the photo-sharing app by the Zuckerberg-led social network. This acquisition gets Facebook in lead on the mobile front, something they desperately needed to do before going public. Don’t expect any major changes to Instagram just yet. Both sides are saying it’s staying the same and development work will continue. Here’s what Mark had to say about the purchase: (more…)

Eight years after starting in a Harvard dorm room, Facebook has filed for its initial public offering. The company’s seeking to raise $5 billion in hopes of becoming one of the largest tech IPOs we’ve ever had the opportunity to witness. Investment bank Morgan Stanley will act as lead underwriter, with Goldman Sachs and J.P. Morgan and others to take secondary positions. There are some raw figures from the filing that are worth noting — 845 billion monthly active users that dish out 2.7 billion Likes and Comments per day. Beyond that, the company made $3.71 billion in 2011, mostly from advertising. Ad revenue rose dramatically from $764 million in 2009 to $3.154 billion in 2011.

Mark Zuckerberg must be proud but we’re certain his work isn’t done just yet and neither is Facebook’s. The man behind the social network has done some interesting things over the years but seems like all the hard work’s finally paid off. Details are trickling out but below we’ve got the visuals from the SEC filing, though if you want to see the several-hundred page document you can see that for yourself here. Shares are expected to be begin trading in May.

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After tons of rumors and speculation, Facebook has officially unveiled their iPad app.The app’s well designed, and puts a ton of emphasis on the iPad multitouch interface. Expect some of the features to trickle down to the iPhone app in the near future as well. The app features hi-res photos, access to games, chat and more. Everything is accessible with a simple dropdown menu and navigation bar helping you when needed.

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Not sure how many of you folks out there use location-based services like Foursquare but we have read through various sources that such applications are gaining some traction as of late. It’s no surprise, really. You take a person, tell him to check in to a place and give him tokens and prizes to make him feel like he’s a part of something. Heck, if he keeps visiting a place often enough, you might even make him the mayor of the spot and the owners of the venue might give him twenty percent off his next visit. Well, Facebook is taking a similar twist and making it widely available for all its mobile users. Facebook Places is Foursquare without all the extras. We can never keep track of all our friends at all times, but this service will allow us to connect in a whole new way.

Facebook Places will also help users consolidate the amount of social media apps they use. I mean, who wants to build hundreds of friends on Facebook, only to repeat the cycle when another social media service is offered. I did it for FB and Twitter but I’ll be damned if I continue down this road. Well, I’ll conclude my rant now, but head over to Facebook for full details on the service and how you can get started.

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Zuckerberg recently addressed concerns about changes in Facebook’s Terms of Use. Now, after being bombarded by questions and concerns from the Facebook community, the social networking site’s decided to revert back to its original Terms of Use until it cleans up the mess. You can read more about it by visiting the Facebook Blog.

Facebook founder Mark Zuckerberg has responded to privacy concerns raised recently after the company made a change to its Terms of Service which left the impression that the social network could keep and use copies of user content (e.g. photos, notes, and personal information) in perpetuity even if users removed the information and closed their accounts.

David Sarno of the LA Times goes in depth about Zuckerberg’s comments and what the changes in Facebook’s Terms of Service might mean for you. Read the full article here.

Excited much? Well, you should be! Now, we’ve given you guys the option to comment using your facebook account. Just scroll to the bottom of a post and select “Facebook Connect” option. If you’re already logged into facebook, then the commenting system will detect it and allow you to post your comment without having to put any information in.  (more…)

Hiroko Yoda says she’s made numerous attempts to join the addictive popular social networking site but error messages stopped her from joining.

When she attempted to use anglicized versions of her surname, including Youda and Yohda, everything worked to perfection. The Japanese author shares her name with the ever-so popular green Jedi from Star Wars. (more…)