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 income, losses, deductions, and credits through to their shareholders for federal tax purposes. The term "S corporation" means a "small business corporation" which has made an election under § 1362(a) to be taxed as an S corporation. The S corporation rules are contained in Subchapter S of Chapter 1 of the Internal Revenue Code (sections 1361 through 1379). Congress, acting on the Department of Treasury's suggestion of 1946, created this chapter in 1958 as part of a larger package of miscellaneous tax items. S status combines the legal environment of C corporations with U.S. federal income taxation similar to that