MARK ZUCKERBERG

Facebook Music went live on Friday, as the social networking giant seeks a deeper integration of music, movies and other media into its service. The move could allow users to spend more time on its site, thereby enabling it to generate more advertising dollars.

The announcement made last week of site changes by Facebook, which included a new privacy setting, a new Timeline feature and a revamped news feed have renewed privacy concerns.

The launch of the much-anticipated iPad application by Facebook is rumored to take place at the Apple’s launch event for iphone 5 as claimed by Mashable’s Ben Parr.

Rumors spread that Facebook would begin charging users up to $10 per month for membership on the social networking site.

An internet hoax spread on Sunday claimed that the social networking site would begin charging customers on Monday

Facebook isn't charging a membership fee from its users, and according to the social media site, it never will.

Since the launch of Google+, Facebook has made various attempts at amending its design and adding news apps to combat its new competitor and grab the ground firmly.

With Mark Zuckerberg announcing new features at the Facebook Developer conference, there will be the need for businesses to seize the opportunity to maintain a definite competitive advantage.

With the new Facebook receiving substantial criticism, some say Google+ may have a window of opportunity for growth.

With people upset over the new Facebook changes, Google+ may have a window of opportunity for major growth.

People aren't too happy with the new Facebook. In a survey of over 1,000 people conducted by Sodahead, a social-voting-based site, about 86 percent of the Facebook audience said they strongly disliked the changes that the site recently underwent.

Facebook has grabbed a lot of attention lately with efforts to combat its new competitor Google+, which has the potential to steal the ground that the social networking giant holds with a user base of 750 millions.

The Facebook CEO is richer than Google founders Sergey Brin and Larry Page who have a personal wealth of $16.7 billion each

Facebook will roll out its new Timeline feature over the coming weeks, but luckily there's a way to preview Timeline before anyone else. In eight simple steps that take less than five minutes, you can be first friend on the block with Timeline.

Facebook has teamed up with Yahoo, The Washington Post Co. and News Corp. to deliver more personalized news. With the ability to share news with friends like never before, where does this leave Google News?

Facebook unveiled new ways for users to listen to music and watch TV, offering tie-ups with the likes of Spotify and Hulu, as it attempts to make media an integral part of its social networking service.

The SNL actor appeared on stage in his best Zuckerberg attire.

The hottest social networks seem quite busy these days -- providing a lot for millions of users around the world to digest. Just this week, Google+, Google's new social network, opened to the general public for sign-up and while making several site changes. Now, Facebook is launching a major design overhaul new features -- some similar to those introduced recently by Google+.

With the latest bevy of features announced at the annual f8 developers’ conference, Facebook will no longer remain merely a social networking site, rather it will penetrate more into the lives of its users and transform itself in to an entertainment hub.

Thursday's Facebook festivities included an appearance from SNL's Andy Samberg.

Users overwhelmingly dislike the Facebook changes like the new news feed and ticker.