Just days after making its big arrival on the Android platform, popular photo-filtering social network Instagram will be acquired by leading social network Facebook.

The acquisition will give San Francisco-based Instagram approximately $1 billion in cash and shares of Facebook. The deal will close later this quarter.

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It's a serious question, following today's stunning privacy post from Facebook. Has an employer or prospective one asked you for your Facebook password, or that of another social media site; could be Google+, Tumblr or Twitter, among others?

The request might have come as condition of continued employment, and there threat of reprisal might seem, or even be, real given the current job market. Or perhaps a prospective employer said that you couldn't be considered for a new position without first giving up your password. Please answer in comments. This is one of those rare occasions I don't mind, and even recommend, anonymous commenting if answer is "Yes". There also is a poll. Please answer, and you can choose multiple responses.

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Reports of prospective employers asking for Facebook passwords during the hiring process or as terms of employment has the social networking site upset. Facebook says asking for your password is a violation of privacy, and very well could set up the employer for legal action.

Criticism of the practice came to a head earlier this week following an Associated Press story detailing several individuals who had been subjected to disclosing their passwords to either obtain or to keep a job. Employers' attempts to peer into your social life has the attention of lawmakers too: in both Maryland and Illinois legislation is being considered to make the practice illegal.

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The popularity of Facebook shows no signs of abating, and after annoying a large percentage of its users with the forced introduction of the timeline, the social network has released a Windows app to help irate visitors fall back in love with the site.

Facebook Messenger for Windows is a standalone app that provides access to your online friends ready for chatting and keeps you up to date with everything that is happening with your Facebook account without the need to visit the site itself.

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In a major update to its privacy policy and the addition of "Search Plus Your World", Google has managed to attain the consensus from the tech-enthused world that it is way beyond the innocent baby days of "don’t be evil". Matt Honan of Gizmodo signalled the privacy shift as the end of Google’s "don’t be evil" promise, which the company built its business on, and Sarah Lacy of Pando Daily shared similar sentiments, though hers was related to the Search Plus Your World outcry.

In a nutshell, one of the biggest sore points that people are having with Google’s new privacy policy is the fact that it permits the search giant to utilize your basic profile information and extend it across your identities when using your other Google services. These changes aren't so much evil, but adaptation to our merging online and offline identities.

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Are you ready to pay for Facebook? You just may. Analyst Foad Fadaghi of Telsyte, an Australian technology research firm, tells news.com.au that premium accounts are an option to increase revenues.

As I argued on Wednesday, Facebook now must answer to shareholders. Being a public company is a completely different world from life as a private company. Fadaghi also expects Facebook to make advertising more invasive, as investors demand better performance. Ain't that grand?

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That's a question many people will ask today following Facebook's IPO filing. In March 2007, less than a year after opening to the public, the social network had 30 million users. The number is more than 800 million today. But neither number truly reveals Facebook's global impact.

Last summer, Pew Internet found that 92 percent of social network users are on Facebook -- just 17 percent on Twitter. Today, comScore released data on Facebook penetration across the globe, as measured as percentage of total Internet audience.

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So Facebook is set to go public today. It's the most anticipated initial public offering since Google in 2004, and may net the Menlo Park, Calif. social network between $5 billion and $10 billion, according to estimates. That said, I am still lost as to how Facebook's going to be able to wow Wall Street from quarter to quarter, and we all know that's what investors (and the tech press) are looking for.

The IPO will cause pandemonium on the floor of the New York Stock Exchange, as investors attempt to cash in on one of the most successful Web companies in history. This type of market hysteria is prone to pitfalls: fellow social networking site LinkedIn saw its shares skyrocket to nearly $95 in the first day of trading from an IPO of $45, but it has since given back about half of those gains.

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Leading social networking service Facebook has agreed to settle with the Federal Trade Commission (FTC) on charges that its privacy settings were deceptive to customers, and that it made privacy promises that it didn't keep.

The FTC's original complaint (.pdf here) against Facebook cites eight different cases where Facebook "made promises it didn't keep." These were: deceptive privacy settings, unfair and deceptive privacy changes in 2009, misleading scope of platform applications' access to user information, disclosure of user information to advertisers, deceptive verified apps program, contrary or improper disclosures about retention of user photos and videos, and improper compliance with the US-EU Safe Harbor Framework.

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Rumors persist over the mythical "Facebook Phone". This time it's Ina Fried and Liz Gannes of All Things Digital, claiming sources say the social network is working with HTC on an Android powered device -- codenamed "Buffy" -- to launch in about 12 to 18 months. It deeply integrates Facebook services into the experience, and relies on HTML5 as a platform for applications.

But Fried's and Gannes' report may not be accurate. In a "He Said, She Said" response, Inside Facebook followed up saying its own sources call Buffy a "trainwreck". Reporter Kim-Mai Cutler says that the phone would have a host of issues, including always being one step behind the latest version of Android due to the deep customization that Buffy would require.

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Facebook says that it identified those responsible for an attack earlier this week that spammed Facebook users with pornography and violent imagery, and will investigate its options to prosecute those responsible. The attack is believed to have been exploited through a browser vulnerability, BetaNews is told.

"During this spam attack users were tricked into pasting and executing malicious JavaScript in their browser URL bar causing them to unknowingly share this offensive content", spokesperson Andrew Noyes explained. "Our engineers have been working diligently on this self-XSS [cross-site scripting] vulnerability in the browser".

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Facebook users report seeing large amounts of image spam in their news feeds, depicting acts of violence, pornography, mutilation and bestiality. The site says it is investigating the issue, but did not give any possible cause for the problem.

BetaNews has received reports of spam messages typically sent with the word "YUKKY" and including a shortened link, although it is not immediately clear whether this has anything to do with the graphic imagery. The images show up in victims profiles as being "liked".

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When Facebook rolled out its new layout late Tuesday, like past redesigns it was met with a good deal of acrimony from users.

However, for some like Regina Shade, a self-described "Facebook challenged" mother of two, they had been dealing with the reworked popular social networking site for at least three months if not longer.

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Facebook's new Timeline profiles go live on Thursday, September 29, 2011, but you can convert yours now. You just have to pretend you're an app developer (or continue being one if you already are.)

It's a simple four-step process that can be done in a couple of minutes. Here's how you do it:

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At f8, the Facebook developer conference in San Francisco today, Facebook founder and CEO Mark Zuckerberg unveiled the new Facebook "Timeline" layout, and the deeper, realtime integration of third party apps it will bring. This deeper integration is a part of Facebook's new "Open Graph."

One of the premier Open Graph partners is Sweden-based streaming music service Spotify, which launched in the United States just two months ago. Using the new open graph, the music that Spotify users are listening to is posted live to their Facebook feed, and their friends can click that post and join into the listening session live.

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