Quoted: Now developer Joe Hewitt, who is responsible for Facebook’s massively popular iPhone application, has posted a note to the site describing some of the new features we can expect from the latest iteration of the app, which he says is “98% done”.

Facebook has built a new widget -- The Live Stream Box.

Quoted: The Live Stream Box is a social widget that lets users visiting your site or application share activity and comments in real time. The Live Stream Box works best when you are running a real-time event, like live streaming video for concerts, speeches, or webcasts, live Web chats, webinars, mass-multiplayer games, and more.

A couple weeks ago TNT allowed users to sign in with their Facebook, MySpace, or Twitter accounts to view a video stream of the NBA Eastern Conference Finals. Today, Turner Networks has shared the percentages user sign-ins of each identity service.

Quoted:: NBA Eastern Conference Finals Users (average of all games):
MySpace: 40%
Facebook: 48%
Twitter: 12%

Facebook Connect is lower and MySpace and Twitter are higher than what I am seeing on InfiniteHoops.com.

Quoted: ... the Facebook Connect standard--which was rolled out first to Web developers, and then to iPhone developers--is coming to the Xbox this fall. This means that players will be able to log in with their Facebook accounts and broadcast their gaming activities on their social-network profiles.

Pay with Facebook.

Quoted: The application GroupCard is currently testing the new payment system live for all accounts that have it installed. I included some screenshots below. It’s very straightforward: There’s a big “Pay With Facebook” button, similar to the “Facebook Connect” buttons you see throughout the web. Next to that, there are the other options to pay with Visa, Mastercard, etc.

Clicking on the “Pay With Facebook” button pops open an overlay which asks you to confirm payment via your Facebook Credits.

Facebook launched their first widget today - a comment box.

Quoted: Today, we're launching our first social widget for Facebook Connect, the Comments Box. The Comments Box is a great way for any website, blog or photo gallery to add social comments to their page in just a minute with a few lines of code.

Quoted: Facebook’s ongoing effort to launch a free streaming music service is stalled, according to multiple sources familiar with the situation. The company was close to a deal that would bring free streaming music from three of the four big labels (Universal, Sony, EMI) through the Total Music joint venture. But the deal stalled when the lone holdout, Warner ...

Quoted: The successful crash-landing of crippled U.S. Airways flight 1549 yesterday by Captain C.B. “Sully” Sullenberger is one of the most uplifting stories of the new year — and social media sites have been part of the story. A Twitter user may have gotten the best picture immediately following the incident, and Twitter users haven’t stopped talking about ...

Quoted: MySpace Music added a few hundred thousand songs to its streaming music service today by signing up four more independent-label aggregators (Nettwerk Music Group, INgrooves, IRIS Distribution, and RoyaltyShare) plus indie label Wind-up Records. This comes at a time when Facebook is still facing hurdles to launching its own music service.