If Facebook has one standout application it has to be Photos. Measured on its own, it is the largest photo site on the Web. A full 69 percent of Facebookâs monthly visitors worldwide either look at or upload photos, based on comScore data. And more than 10 billion photos
have been uploaded to the site. » Continue Reading…

Facebook Terms of Use Update
“Over the past few days, we have received a lot of feedback about the new terms we posted two weeks ago. Because of this response, we have decided to return to our previous Terms of Use while we resolve the issues that people have raised. For more information, visit the Facebook Blog.
If you want to share your thoughts on what should be in the new terms, check out our group Facebook Bill of Rights and Responsibilities.”
Follow here the latest comments on Facebook’s TOS live

Latest news on Facebook ;
Facebook paid the founders of social networking rival ConnectU $65 million to settle litigation alleging that Facebook CEO Mark Zuckerberg stole their idea for the site, according to a report today in The Recorder legal publication.
Source: Mediapost