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December 18, 2009 11:34 AM PST

Facebook to hold spring F8 dev conference

by Caroline McCarthy
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Looks like Facebook will be throwing another big "F8" developer conference in the spring, after taking 2009 off. According to a sparse post on the company's developer blog, the event will be held April 21 and 22 in San Francisco. No more details are currently available.

"F8 has always been about empowering a community of developers to hack, to build and to delight users," the post reads. "We're looking forward to continuing this tradition at our third F8 in San Francisco on April 21-22, 2010. Please save the date!"

This is a big deal because Facebook's past two F8 conferences have marked the debut of some of its biggest products: in 2007, the groundbreaking Facebook developer platform, and in 2008, Facebook Connect. It's likely that the 2010 version will involve some kind of high-profile launch, too.

What could it be? The obvious possibility is Facebook's long-rumored payment platform or virtual currency system, which currently only powers the internal "gift shop" feature along with a few test developer apps and nonprofit partners. This is more or less Facebook's worst-kept secret: it's been in development for quite some time, but appears to have been repeatedly modified internally. Once said to be a straight-up PayPal competitor called "Facebook Wallet," the project has evolved to fall more in line with the meteoric rise in virtual goods-based social gaming, one of the biggest and most profitable runaway hits on Facebook's platform. It could also mean that Facebook starts to make some serious money from transaction fees and become a real power player in the e-commerce space.

Still, we don't know for sure. We'll keep you updated as more details become available about F8 2010 over the coming months.

This post was updated at 11:42 a.m. PST with a link to the post on Facebook's developer blog.

August 4, 2008 9:40 PM PDT

Facebook kicks off developer funding competition

by Caroline McCarthy
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Developers, start your engines: submissions are now open for the developer application contest that Facebook created for its FBFund grant program. Winning developers, who submit business plans for their prototypical Facebook Platform applications, will receive between $25,000 and $250,000 in grant money. The company plans to give away $10 million total.

The contest was originally detailed at this year's F8 conference, in which the 10 original FBFund selectees were also unveiled.

Monday saw the kickoff of the competition's Round 1, in which 25 winning proposals announced on September 22 will each be awarded $25,000. The winners of that round will have the option to apply for Round 2, in which five final winners will receive $250,000 to fund the development of their Facebook applications. Winners will also have access to "mentorship" from Facebook as well as a boost in publicity and marketing resources.

Facebook is drawing developer attention to its platform at a crucial time: first, it's expanded its API to the Facebook Connect initiative; and second, it's now competing for geek attention not only with rival social-networking platforms but also with Apple's iPhone, the hot platform du jour.

Additionally, FBFund has heretofore flown under the radar, unusual for something that has come out of a publicity magnet like Facebook--and some of the moderate press it's gotten has been fairly negative. Throwing a contest is probably a decent way to drum up some attention.

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About The Social

CNET News' Caroline McCarthy is a downtown Manhattanite who believes that, despite popular opinion, the Web can actually help your social life. She's happily addicted to fun social-media tools from Twitter to Yelp to Facebook, sends an inordinate number of text messages, and has a tendency to waste time at the office reading restaurant blogs. Here, she explores all facets of the Web's gregarious side, as well as the unique tech culture in her home city of New York. (Don't call it Silicon Alley.)

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