Facebook announced that its privacy settings can be better controlled from anywhere you access the social network. They are rolling out mobile privacy settings via m.facebook.com/privacy. You can also go to the settings page and click "change" next to "privacy settings" from there.

It’s interesting that it’s taken this long to do so, considering how the privacy changes were launched back in May, but better late than never, I suppose.

MySpace appears to be working on a new feature that could help give it a much-needed boost in consumer enthusiasm. From the sound of it, it’s almost like Digg meets the Facebook News feed (or Reddit meets Twitter, if you’d rather look at it that way).

Either way, it involves users voting content up and down, while giving them a way to tap into updates on topics of interest.

It was recently discovered that Mark Zuckerberg had begun using an Android device. Many Android users were hopeful that would lead to the company improving its Android app, which has been less than perfect.

Whether Zuckerberg’s Android use was the driving factor or not, Facebook has indeed launched a new update for its Android app. A Facebook spokesperson shared some of the notable features of the update:

Facebook has put a lot of people on edge about privacy in recent months, and while some of it may be legitimate concern, a lot of the discussion is simply getting blown out of proportion.

Twitter has begun rolling out a "Suggestions for You" feature that helps users find people to follow. You may be familiar with a similar feature on Facebook.

"With more than a hundred million users on Twitter, there are sure to be at least dozens of accounts out there that will reflect your interests. The trouble is finding all of them," the company says.

ThinQ.co.uk reports that a directory containing personal details of over 100 million Facebook users has surfaced on a file-sharing site. That’s about a fifth of Facebook’s total user base.

LinkedIn has been spotlighting some new apps that third-parties have been building for the professional social network. For one, they shared Creative Portfolio Display developed by Behance. They are also sharing Legal Updates.

There is a new LinkedIn app called Creative Portfolio Display. The app lets users in creative industries like advertising, fashion, design, architecture, film, photography, and digital media, access tools to manage and showcase their portfolios.

Facebook announced today that it is releasing some new features for the Like button social plug-in. There is now commenting for the iFrame version, publishing to connected users via the Graph API, and "more robust" analytics.

"Now, when a user adds a comment to the iFrame version of the Like button, a larger, more prominent story will be shared with the user’s friends. In the past, we’ve seen comments result in increased distribution and referral traffic," says Facebook Platform product manager Austin Haugen.

Facebook has made an adjustment to the left-hand navigation on the user’s home page. The company says this aimed at making it easier for users to access the fundamental parts of the social network.

This week Facebook surpassed 500 million users, but that’s not the only reason the world’s largest social network is making headlines.

This post from O’Reilly Radar breaks down where Facebook’s half a billion users reside by region. Asia appears to be the fastest-rising region for Facebook users, currently sitting at 17% of the social network’s user base.

Facebook announced its 500 million user milestone yesterday, and along with that announced some other stats like how it gets over 100 billion hits per day. This was revealed in a post in which the company talked about how it scales with its massive growth.

Facebook of course announced today that it surpassed 500 million users, but the company has shared a few more stats today as well.

Facebook gets 100 billion hits per day. It has 50 billion photos. It has 2 trillion objects cached, with hundreds of millions of requests per second and has 130TB of logs every day. This is all according to a post in Facebook’s Engineering Notes.

Facebook was expected to announce that it reached 500 million users this week, and sure enough, CEO Mark Zuckerberg announced it today.

Facebook has also launched a new app called Facebook Stories. This lets users share and read hundreds of stories about how they’ve used Facebook, categorized by themes and locations around the world.

Facebook has launched a new feature for suggesting pages of interest to new users. New people who join Facebook will be presented with a list of Pages that other people in a "similar demographic" like.

Facebook has announced a new scholarship, the Facebook Grace Hopper Scholarship, which it will award to 5 women university students excelling in Computer Science, to attend the Grace Hopper Celebration of Women in Computing conference. The conference takes place in Atlanta from September 28tht to October 2nd.

Facebook is testing some new features for photos. One such feature is a new way of tagging people.

Facebook may be in big trouble. Mashable is pointing to a study from Roiworld that surveyed 600 teenagers, and found that while 80% of them are spending two hours per day online (on average), they are also showing signs of Facebook fatigue. According to this survey, one in five who have a Facebook account are either using it less or no longer visit it at all.

Facebook has revealed a little bit of information about how it looks at spam. The company says it wants to be more transparent about how it handles it.

Along with this transparency is a new message explaining why content might be blocked. It looks something like this:

CrowdStar, the makers of popular (on Facebook) games like "Happy Aquarium," "Happy Island," "Zoo Paradise," "Happy Pets," and "Hello City", has entered into a five-year strategic relationship with Facebook, in order to accelerate growth of these games.

Facebook thinks email is dying. Classic. How many times have we heard this now? Facebook COO Sheryl Sandberg gave a speech at the Nielsen Consumer 360 conference recently, essentially claiming as much.

Do you think email is dying? Comment here.