Facebook Watch: Advertising, IPO, Goldman Fallout and more

In addition to seeing unofficial biopic The Social Network sweep the Golden Globes on Sunday night, it's been a busy week for Facebook-related news:

• A Texas District Attorney plans to use Facebook to screen potential jurors.

• Facebook Voice Updates on India's Aircel wireless network now let people connect with family and friends in their own voice via mobile, with or without internet access. Users dial a short code to record a VM, post it as a status update, and friends can reply with their voice updates. More than 15 million active FB users are in India, where mobile is ubiquitous. 

• Advertising spending on Facebook is projected to more than double in 2011 over 2010, projected to reach $4.05 billion this year, according to eMarketer. FB accounted for 4.7% of last year’s $25.8 billion U.S. online ad market; that percentage is expected to increase to 7.8% for 2011.

• Windows Live Messenger bumps CityVille as fastest growing Facebook app.Continue reading...