According to a Financial Times (FT) report, the imminent Facebook IPO will make the social network's founder, chairman, and CEO Mark Zuckerberg one of the richest people in the world; with his Facebook stake likely to be worth as much as a whopping $28.4 billion, and his 2011 personal income tax bill reaching up to a staggering $1.5 billion.

On Thursday, popular social network Facebook commenced the rollout of its new “Listen With Friends” feature, which will give a notable boost to the Facebook users’ social experience of listening to music online.

With police authorities claiming that popular social networking sites - like Facebook and Twitter - are apparently being monitored by burglars to find out when the users make a mention of their plans for holiday activities, it is being advised that the users of social media sites should refrain from disclosing their whereabouts during the holiday season this year.

According to reports, social networking giant Facebook is trading lawsuits with `Zuckerberg II', the Israeli social-media entrepreneur, Rotem Guez, who legally changed his name to Mark Zuckerberg on December 7.

While announcing a privacy issues-related settlement with Facebook last week, the Federal Trade Commission (FTC) said that the popular social networking company had deceived its users - currently totaling more than 800 million worldwide - by convincing them that their information on the site will be kept private, even though it actually allowed the details to be shared as well as made public.

Two things have been witnessed with findings of an international information company Experian Hitwise: Facebook remains on top despite the entry of Google + and Singapore natives spends maximum time on Facebook in comparison to other countries such as Brazil, London and many more.

Around 20 years back, the pager used to be the sole mobile communication instrument.

However, very soon the pager got replaced by flask-size mobile phones which today are considered antiques by many, being replaced by the widest range of smart phones. And as goes the current status, none of these new and smart gadgets ever let us lose connection with the rest of the world, making sure we’re always online.