Facebook F8 add a “Like” button to any piece of content on a website by the owner. This feature is now integrated within around 2.5 million websites worldwide, with 10,000 more being added daily. Additional news and announcements included: F8 2011 was held on September 22, 2011. Various things Facebook introduced at the conference included a new profile redesign named 'Timeline' that showed a history of user's activity on their profile, and a broader, more advanced version of the 'Open Graph' protocol. The F8 2011 event was mainly focused on introducing new products, transforming industries, building and growing social applications and product
S corporation show leniency with regard to late S elections. Accordingly, often, the IRS will accept a late S election. If a corporation that has elected to be treated as an S corporation ceases to meet the requirements (for example, if as a result of stock transfers, the number of shareholders exceeds 100 or an ineligible shareholder such as a nonresident alien acquires a share), the corporation will lose its S corporation status and revert to being a regular C corporation. An S corporation's election will also terminate if, for each of three consecutive years, (i) its passive investment income exceeds 25%