The intrusion of Facebook ads continues, the company will soon phase out classical ad formats and will replace them with new premium ads, according to leaked documents obtained by Gigaom. The official document clearly states that advertisers will soon be able to convert any published post on their Facebook page into an advertisement.

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Glenn Steven Mangham, a 26-year old software development student in the UK, has been jailed for eight months for hacking into Facebook from his bedroom at his parents’ house in York in northern England. He was also given a serious crime prevention order restricting his access to the internet and confiscating his computer equipment.

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Weibo will replace Twitter, Renren will replace Facebook, and no Xbox LIVE integration, in Windows Phone 7 for China.

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Glenn Mangham, who is only a year younger than Facebook CEO Mark Zuckerberg, was jailed for 8 months by the British court today. The self-described “ethical hacker” said that he wanted a mini project to point out vulnerabilities on a major web site.

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Following the lead of Twitter and Google+, Facebook too will begin verifying accounts of celebrities and other public figures. After the account has been verified, Facebook will enable these users to have pseudonyms or use an “alternative name” or nicknames as their Facebook name, and will appear in lists of “People to Subscribe To.”

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Zynga posted its Q4 2011 earnings results. It generated a total of $1.14 billion in revenue in 2011, and now has over 240 million monthly active users.

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After a huge wait, the Famous Angry Birds have finally landed on Facebook allowing over 800 million users to start hunting those pigs who stole the birds eggs.

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Pinterest has a visual angle that differentiates this site from Facebook, Twitter, and the rest in the social networking bandwagon. This picture-based social networking site that allows you to like and comment on pictures just as you would for posts on Facebook.

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Dad Shoots Daughter’s Laptop 8 Times For Complaining On Facebook

In a bizarre incident a father decided to punish his daughter for posting rants about her family on Facebook. The father whose name is Tommy Jordan posted an 8 minute video on YouTube where he reads a letter from his 15 year old daughter and then pumps 8 bullets into her laptop.

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Facebook Comments Box moderation is down most of the time. Facebook Comments Box Developers moderation tool does not work most of the time and is lousy for webmasters.

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Last year, Facebook introduced a new feature on the social networking site called “Live Ticker” which displayed a live activity stream of your Facebook friends. Facebook Ticker was hated by a lot of users and also led to a few Facebook scams including the one where users were duped into believing that they could stop posts from showing in Facebook Ticker.

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Facebook Activity Feed is showing error “Invalid action type”. Facebook’s social plugin for Activity Feed is showing an error Invalid action type for all websites using it.

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Late 2011, the Indian government and Telecom frontman Mr. Kapil Sibal asked Internet companies to pre screen objectionable content, which can be a blog post, a photo, a video or a tweet. Google, Facebook, YouTube and 19 other social networking sites were precisely told to remove inflammatory material before February 6th 2012.

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Facebook has finally filed for an IPO. Here’s the most interesting stuff from its S-1 filing.

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Morgan Stanley is going to be the lead underwriter on the upcoming Facebook IPO. Facebook plans to raise around $5 billion at a $100 billion valuation.

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