About a month ago Facebook announced buying of the social photo application Instagram for $1 billion.
Today the social network releases its own Instagram Clone application called Facebook Camera for iPhone. This application allows you to rotate, crop and apply upto 15 filters to the image, tag friends, places on them and add a description.
Facebook is quickly becoming one of the most popular platforms for web-scams of all kinds. This is not surprising due to 900 million potential victims. Web criminals invent new ways of cheating everyday, recent trend is Profile Visitor Applications, according to Internet security company Dr. Web.
Mark Zuckerberg married to the longtime girlfriend on the next day after the Facebook IPO. For the guests the wedding was a surprise – they thought that they were invited because of another occasion.
Mashable reports that Facebook rolls out file-sharing feature for groups. It is available now only in
Facebook launches online apps store with games and other applications intended for use in the social network.
81 year old billionaire Warren Buffett said that he is not going to buy shares in Facebook but also mentioned that he doesn’t consider Facebook as a second dotcom bubble. “People get excited about companies that have done that well.”
In the U.S. about 7 thousand people die each year while waiting for organ transplants. Facebook hopes to reduce that number by creating a special application which allows users to become donors, without leaving the social network, reports The New York Times.
Facebook decided to start the initial public offering (IPO) on 18 May, according to the Associated Press. This is considered to be the most anticipated financial event after the Google’s entering the stock market in August 2004.



