Facebook Timeline Launch of the Day

Facebook Timeline Launch of the Day: Facebook’s new Timeline profile view, first unveiled back in September, is now available to all users.

Timeline includes a log of all your activity on Facebook, going back to the day you signed up, plus new privacy settings that let you feature or hide individual photos, status messages and other updates (which are now called “stories”).

The new profile will begin with a seven-day trial, to give users time to hide or delete anything they don’t want in their timelines. When your timeline is ready, you can publish it manually. If you don’t, it will go live as-is at the end of the seven days.

In other Facebook news, Facebook is extremely rich. Okay, that’s not exactly news, but now we have specific numbers to tell us exactly how rich.

According to leaked financial information, the company’s profits have quadrupled over the past two years, and it now has $3.5 billion in cash on hand. That’s thanks to $1 billion in projected profits for this year and another $1 billion investment from Goldman Sachs.

[cnet / atlantic]