Finally, Facebook is helping users create a list of real friends inside their official friends list. There's no need to share everything with everyone, after all. But watch out, because people will know when they're downgraded to your D-list. (Update below.)

Here's a cute ad the Winklevoss twins made for Roll Global pistachios. The self appointed Facebook nemeses have been spending a lot on lawyers, and their big Facebook settlement was paid in illiquid private stock, so let's hope they got some real TV dough for this spot. YouTube money isn't going to keep anyone in Tucano murses. [AllThingsD]

Facebook's profits are on track to reach nearly $1 billion this year, Reuters reports, as revenue doubles. Selling your private moments to advertisers has never been more lucrative.

We've all been on bad dates, am I right? Like, when you're out with a guy and he says he needs to go to the betting parlor before dinner? Talk about a bad date! And then he runs out of the shop holding a knife in a sack of cash screaming "DRIVE! DRIVE! DRIVE!"?

Oprah is the Queen of All Media, except the internet, apparently. Traffic on her website has plummeted since she quit her TV show in May, and now she's seeking help from Facebook and Twitter to boost her stats.

Facebook might call it a settlement, but there's no question that the gigantic social network is effectively surrendering to scrappy Austin, Texas mockery hub Lamebook. The two sides have ended a federal lawsuit with Lamebook keeping its name and Facebook-like logo, and Facebook slinking back to California.

While many of us spent our weekends complaining about Irene and all media coverage of said under-performing storm, other things in the world happened! For example: South African police launched an investigation into a photo that depicts a smiling, pale-skinned man—rifle in hand—kneeling over what appears to be the lifeless body of a little brown-skinned boy.

Sean Parker, immortalized in The Social Network as a hard-partying playboy, was up early this morning. Around 6 am, the former Facebook president posted a quote to his profile concerning "the deaths of our enemies." It's hard to escape the conclusion that he was referring to Steve Jobs. (Update: Parker responds to this story below.)

Google has updated its list of the most visited sites on the web, and it looks like Facebook got one trillion pageviews in a single month. Gee, all the hard core internet research we've all been doing at work and all the serious essays and poetry we've been reading at home must be in Google's statistics somewhere, right?

More than four years after introducing photo tagging, Facebook will finally offer the ability to block embarrassing tags from your profile. Which is a good thing, because now anyone can tag you.

Facebook just filed plans to massively expand its campus into a largely self sufficient complex, complete with doctor's offices, laundry services, tribal "garages," and an open pit for roasting dead animals. Just in case the social network and its 27-year-old CEO didn't resemble Lord of the Flies enough already.

A survey by British principals found teachers fear Facebook more than they fear official schools inspectors, with 20 percent having received online abuse or threats. It's just the latest evidence that people turn into Facebook maniacs when school is involved.

Facebook stalking is a lonely pursuit. But you've got company whenever you ogle your friends' impossibly interesting lives: Facebook's watching your every move. Now you can reveal a secret list of who Facebook thinks you've been stalking the most.

Jerry Buell, Teacher of the Year at Mount Dora High School north of Orlando, has been suspended pending an investigation into some super-cool comments he made on his Facebook page. The social studies teacher wrote that he "almost threw up" when he heard that same-sex marriage had been legalized in New York. He thinks same-sex marriage is a "cesspool" and a "sin." Rock on, Mister B.! I "like" this! LOL!

Facebook's lawyers submitted evidence this week showing Paul Ceglia submitted forged evidence in an effort to lay claim to half of the social networking giant.

A British man was released on bail today after he was busted trying to break into Facebook. According to the authorities, he allegedly "secured access" to Facebook servers repeatedly. So how close did he get to taking control of the social network's 700 million accounts?

Elevation Partners, which counts U2 frontman Bono and guitarist The Edge as investors, has seen its November 2009 investment in Facebook more than quadruple. And the gains are poised to grow even more.

It's official: High school girls have a constitutionally protected right to post to Facebook pictures of themselves in lingerie toying with phallic lollipops. America is not Saudi Arabia, you know! We are not under Sharia law (yet).

Yahoo researchers are trying to update the 50-year-old experiment that established the idea that most people are connected by just five acquaintances. Where the old study asked subjects to forward letters, the new one simply connects people through Facebook. The more modern approach could actually demolish old assumptions.

Althea Ricketts says that where she comes from, hitting kids with computer cables is a "common" way to discipline them. This is ostensibly why she allegedly she beat her son with a computer cable for having a Facebook page.