The Verge reported on Thursday that Ustream, the streaming company with a streaming-as-broadcasting focus, has announced its decision to bring live video to social network Facebook's news feed.

According to the report, streaming of live broadcasts to Facebook will be available through a new mobile app known as "Broadcast for Friends" - or BFF - which will allow the Facebook users to record and broadcast live events simultaneously on the social network without first having to upload the video.

The US Federal Trade Commission has said that it is looking to agree on a settlement with social networking giant, Facebook.

The FTC was probing how Facebook exposed user data with others without taking permission from the users. The social networking giant has said that it will submit audits of its privacy practices every alternative year to the government for the next two decades.

Social networking giant, Facebook is urging its users to help root out the menace of phishing ads on the world's largest social network by reporting them to the company.

Facebook has launched a new e-mail address, phish@fb.com, allowing users to report annoying phishing ads on the site. These phishing ads ask users to click on them and lead them to their websites and this allows them to spread the ads to more users.

A new Facebook plug-in called Unbaby. me will now allow users of the social networking site, who are tired of seeing baby pictures on their newsfeed, to replace the picture with images of puppies, manatees or even Justin Bieber.

The plug-in will scan Newsfeed for keywords that are usually found on the pictures of babies such as "cutest baby ever" or "newborn". Unbaby. me is designed to automatically replace the pictures with cats but the users can customize them to replace the baby pictures with other images.

The authorities in the State of Washington will allow residents to register themselves as voters through social networking site, Facebook.

The state of Washington has become the first state to allow people to register through Facebook after it had become the just eh second state in 2008 to offer online registration in 2008. Microsoft, which is based in the state, has designed a new Facebook app providing a new user interface to allow users to access the state’s MyVote system.

World's largest social networking site, Facebook might be planning to launch its own job board this summer, according to several reports.

The new job board will combine job postings by third-party providers like BranchOut, Jobvite and Work4Labs and offer them to the users. The move does not indicate a direct entry for the into job recruiting market but it will certainly add pressure on networking sites such as LinkedIn.

According to reports, the Facebook app for the iOS platform will become much quicker and will allow users to access the social networking site in a much faster way.

The social network's iPhone app will get a major speed boost, according to a new report by the New York Times. The report cited Facebook engineers and said that the social network is planning to completely revamp its app for Apple devices.

World's largest social networking site, Facebook has once again angered its fans by replacing personal email addresses of users on their profiles with a new @facebook.com e-mail address without their consent.

The Menlo Park company had released @facebook.com e-mail addresses in 2010 for a very few number of users. The users were made vanity" Facebook addresses now have their username in the email address while those who did not make any account have been allotted an email address with a random numeric value at the rate of Facebook.

Gaming major, Zynga has started showing ads from Facebook on its standalone site, Zynga. com under a possibility a first of its kind of agreement with the social network.

The move indicates the beginning of a new force in eth online advertising industry, dominated by Facebook's rival Google. When the users connect to Facebook on Zynga. com, they see personalized ads and sponsored stories from the social network. These ads now fill the space that used to display Google ads.

World's largest social networking site, Facebook has acquired Face. com for an undisclosed amount of money.

Face. com offers technology used for face recognition in pictures on the internet. The website allows users not only to tag their friends but also find images on the internet through a by distinguishing facial features on social networks and photo-sharing sites.

Bret Taylor, the Chief Technology Officer of social networking giant, Facebook is set to step down from his post soon.

Mr. Taylor is planning to start his own company in collaboration with Kevin Gibbs, an engineer at Google, he said. Meanwhile, Google confirmed that Gibbs is also leaving his job at the Mountain View company soon. The departure of Mr. Taylor comes at a time when Facebook is aiming to develop products and services to attract more developers to the site.

A fierce debate was sparked after some reports suggested that Facebook is considering allowing users who are younger than 13 years of age, to join the world’s largest social networking site.

Under the current rules, the company bars anyone below the age of 13 to join the service but it is believed that as many as 7.5 million users on the site are below that age mark. The company is believed to looking at a system in which children’s account will be linked to their parents, who will be able to device what the children can or cannot access of the site.

Social networking giant, Facebook is reportedly planning to launch its smartphone by next year, a move that will allow the company to create a whole ecosystem for its users.

Other technology giants including Apple, Google, and Microsoft are working all working to create their complete ecosystem so that users do not have to look elsewhere for any of their needs on the devices.

According to several reports, Facebook is planning to launch enter the smarthphone market with a new device, which is expected to be launched by next year.

The company, which recently got itself listed on the Nasdaq stock exchange, has reportedly hired former Apple engineers who worked on the iPhone and iPad to for designing its smartphone. The sefl branded smartphone project is being pushed aggressively by the company.

The shares of social networking giant, Facebook closed at $31.91 per share on Friday, May 25, which is 16 percent below the Initial Public Offer Price.

The figure of $31.91 is 3.4 percent lower compared to the previous day and is down 16.5 percent for the week earlier. The company lost more than $19 billion in market capitalization from its $38-per-share offering previous week.

Mark Zuckerberg, co-founder of the globe's most popular social networking site Facebook suffered a loss $3.2 billion during this week as share values of his company declined around 16.5%.

The 28-year-old Mark has become the major loser in a recently published record of the globe's wealthiest individuals.

The Bloomberg Billionaires Index placed him as the 35th wealthiest individual in the globe with a $16.2 billion wealth.

As per the report, other Facebook fortunes also dropped in the week.

Social networking giant, Facebook is planning to launch its own photo sharing application called, ‘Facebook Camera’ on Thursday on in Apple's App Store.

The standalone app come as surprise to some as the company recently acquired Instagram for a sum of $1 billion. Instagram is the maker of a social network built around photography that offers mobile apps that allow users to edit their pictures with quirky effects and share them with friends.

The issues surrounding the initial public offering of social networking giant, Facebook must be reviewed, according to two senior U. S. financial regulators.

The calls for a review have put additional pressure on Mark Zuckerberg-led company, Morgan Stanley, which is its lead underwriter and the Nasdaq stock exchange. The shares of the company closed after falling 8.9 percent to at $31, following an 11 percent fall on Monday.

Social networking giant, Facebook said on Thursday that it raised $16 billion for itself as well as for its early investors in an initial public stock offering.

The initial public offering, which was expected to value the firm close to $100 billion, valued the social network at about $104 billion, which is more than companies such as Kraft, Walt Disney and McDonald's. It is a big achievement for the company that started eight years ago and had no ways to generate income until recently.

A survey has revealed that about 900 million users of the social networking giant, Facebook from around the world do not hold a high opinion of the company and distrusts Facebook.

The poll showed that the if the company was a Facebook user itself, it would have several virtual friends but not many real friends. The users are found to be concerned about the amount of information shared by the company about the users with third party advertisers and others. The distrust does not speak well for the company as it might limit the appeal to the advertisers.