WebProNews

iPhone 3.0 users waiting for an updated Facebook app apparently won't have to wait too much longer. Its developer Joe Hewitt posted a Facebook note outlining the update's new features, and saying that it is 98% done.

Here's a screenshot of the note, listing the features:

As you can see from the above image, a lot of people like this. We'll see if the enthusiasm translates to actual use of the product.

In other Facebook news, the company is getting ready to roll out some new privacy settings. WebProNews sat in on a conference call discussing them earlier today, and from the sound of it, users are going to have a lot more control over what posts they share with what friends.

Not only will these new settings simplify privacy controls, but they will allow users to keep their status updates more relevant for their friends. You can read more about that and checkout Facebook's slideshow here.