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 examined 5,000 randomly selected S corporation returns from tax years 2003 and 2004. The IRS intends to use the results to measure compliance in recording of income, deductions and credits from S corporations, and to formulate future audit criteria to better target likely non-compliant returns. This is part of a larger IRS effort to improve tax compliance and reduce the estimated $300 billion gap in gross reported figures each year. A large portion of that gap is thought to come from small businesses, and particularly S corporations, which are now the most common corporate entity, numbering over 3 million in