Facebook has finally come up with the much awaited Facebook Places location sharing service.

Facebook Places, which is devised for the users based in US helps reveal their locations of friends and peers across the world.

The social networking site has also released another Foursquare like 'check-in' ability, which permits users to keep a tab on partner establishments and at the same time allows friends to keep a track of their location and supply with them with the knowledge of discounts and special offers.

The latest Facebook feature is deemed as one of the best things that occurred in Facebook's history. This follows soon after Facebook was down with criticism from privacy watchdogs and users for its privacy based settings, thus immediate release of the service offering gives CEO Mark Zuckerberg and the members a reason to rejoice.

A few experts who were trying to bring down the company on basis of 'innovation', Foursquare co-founder Dennis Crowely has just given them a reason to 'boo' them down.