Facebook’s billionaire CEO Mark Zuckerberg calls himself a “hacker” in a 479-word essay he wrote describing his company’s philosophy of constant development and improvement.

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Facebook just filed documents paving the way for an initial public offering of stock. Click here to read the filing at the SEC. More shortly …

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You can pout and you can shout, but there’s no avoiding it: You’ll soon be forced to use a new profile page design — better known as the Timeline — on Facebook. It’ll be alright though, because we’re here to (virtually) hold your hand through this big life change.

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Ding, ding ding! Your time is up! This is not a drill: You can no longer avoid using Timeline on Facebook, something that until now has been optional.

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Facebook is rolling out their all-in-one messaging service, Kinect might be the next privacy concern, iPad 2 rumors and Steve Jobs takes a medical leave, eye-blinking 3D video, WebBeat.TV is looking for bloggers, and GeekBeat.TV meetups at Macworld in San Francisco.

Facebook could cross the one billion user threshold by August, according to digital marketing firm.

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British Facebook users are under the influence of old demon alcohol in more than 76 percent of the photos in which they are tagged, according to a recent survey. More than half said they sure wouldn’t want their employees or co-workers to see those photos.

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Controversial postings by New York police officers on a Facebook group titled “No More West Indian Day Detail” have raised questions about racism — and also about limits on free speech.

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Effin is a village in the county of Limerick in Ireland. It is also a word used to delicately replace a vulgar term for sexual intercourse. And it is a place which Facebook refuses to accept in the “hometown” field of one woman’s social networking profile.

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The ad agency for a condom maker thought it would be a swell idea to scare men out of causing unwanted pregnancies by — seriously — sending Facebook friend requests to them from their future offspring.

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