My favorite blog-post about the newly launched Amazon Facebook apps.

Quoted: Columnist Cory Doctorow describes how Facebook and other social networks have built-in self-destructs: They make it easy for you to be found by the people you're looking to avoid.

Remember a couple years ago when Facebook was turning down offers for 1 billion and we were calling them crazy? Yeah, those were those good old days now. Microsoft is reportedly seeking a partial stake which would value the company somewhere around 10 billion. Yowzah!

Facebook is now positioning itself as a micro-blogger, stating that it's news feeds are "the world's biggest source of published information." Blog-Dots anyone?

Quoted: Zuckerberg describes the news feed service as a new, revolutionary way in which to absorb information. The information we have online offers a new way to learn about various topics, save notes from class, and find information. While the news feeds were initially a cause of much controversy, the service has quickly become as one of Facebook’s central features.

Quoted: The functionality of Facebook’s news feeds is very similar to other services growing in popularity, like Twitter and Jaiku, offering a news feed for yourself and your friends. They are all integrated with SMS technology to keep the updates going when you’re on the move.

Facebook rumored to be a $1 billion acquisition target. Weren't the offered that months ago and didn't they turn it town because they said they wanted $2 billion?

Quoted: At one point in the Yahoo negotiations, the talks extended into the weekend, says a person familiar with the matter. Mr. Zuckerberg, this account continues, said he couldn’t take part because his girlfriend was in town. Others pointed out they were closing in on a billion-dollar deal. Mr. Zuckerberg said it didn’t matter: his cellphone would be off, this person says.

Om Malik says Facebook should have taken the 750 million. He says that their traffic is stagnating.

Facebook is looking to sell out and has turned down a $750 million offer...

Quoted: The owners of the privately held social-networking site hope to fetch as much as $2 billion. And media giants like Viacom may make a good match.