Facebook is currently holding its annual f8 developer conference. You may recall last year when they launched the Open Graph and social plugins. This year, CEO Mark Zuckerberg introduced the main attraction - the "Timeline" and the new Open Graph to go along with it.
Before that, SNL's Andy Samberg took the stage, impersonating Zuckerberg, in a follow-up to an SNL sketch that came out after The Social Network. When the real Zuck took the stage, he announced that Facebook surpassed a milestone in that last week it had half a billion people using Facebook in a single day.
The Timeline, is basically the new Facebook profile pages, which is designed to capture the user's entire life through updates, places, music, video, pictures, and various apps. It's certainly less boring than the profile of today. It kind of looks like what Myspace should have done.
The company announced that all kinds of music, video, news, game and lifestyle apps will be taking advantage of the new open graph, and these will be integrated into not only the news feed, but the new ticker and the timeline. Apps will cater to all kinds of actions, beyond the "like". You will see when people are listening to music, watching videos, reviewing restaurants and all kinds of stuff.
The Timeline will be rolling out over the next few weeks. Developers working on video/music-related apps can start working on new apps for the new open graph, and everyone else can after the timeline rolls out. Zuckerberg said he wants people to get familiar with the timeline.
The following articles look more closely at Facebook's news: