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July 1, 2011

Facebook to launch ‘awesome’ feature next week: CEO

Project developed in Seattle office, says Mark Zuckerberg

By CBR Staff Writer

Social networking site Facebook will launch something "awesome" next week, company CEO and founder Mark Zuckerberg has revealed.

Reuters reported that Facebook may add a new feature in either the mobile or tablet segment.

The report said that Zuckerberg told reporters in a visit to Facebook’s Seattle office his company plans to "launch something awesome" next week.

Zuckerberg added that the project had been developed at the 40-person Seattle office.

This week, search engine company Google launched its own social networking service called Google+.

Having lost the market share in 2008, this is Google’s most ambitious foray into social networking again.

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Google hopes to compete with market leader Facebook with its privacy features. Google+ offers users to have ‘Circles’ to avoid people in one ‘circle’ to see the posts of another ‘circle’.

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