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That audible gasp you just heard from the Internet? That was the reaction to Mark Zuckerburg's announcement that Facebook had purchased Instagram for $1 billion dollars.

After winning the fourth season of American Idol, Carrie Underwood hit country music, and it's never been the same. She's gone on to be one of the true blockbuster acts and has racked up numerous awards. Now, we want to send you to meet Carrie Underwood and see her perform live at the 2012 Bayou Country Superfest in Baton Rouge, Louisiana! Enter to win at our Facebook page.

I live for technology. No matter where I am or what I'm doing I always have my iPhone, a laptop, and an always-on internet connection. From the moment I wake up to the last minute before I go to sleep at night, I'm connected in some way to the internet. I think, more often than not, you are too, and it's all starting to become too much.

Recent studies have shown that Facebook is responsible for lower grades in college, and now similar studies are showing that too much Facebook use is causing us to have lower marks in the workplace as well.

Apparently, you can use Facebook to tell if someone's popular . . . or a self-absorbed, self-righteous narcissist.  Just check if they have more than 800 Facebook friends.

You can't check your Facebook wall these days without seeing one of your 'friends' ranting about politics.  That may or may not annoy you.  But, according to a new survey, there's a good chance that . . . yes, it annoys the crap out of you.

Family dinners for one Minnesota clan probably got a lot more uncomfortable after an uncle was sued for posting embarrassing photos of his nephew on Facebook. Unfortunately for the embarrassed nephew, it seems that a district court says the lawsuit has no merit.

This is a nice, romantic story and all . . . but also a reminder of just how much data Facebook has on all of us.  According to Mashable a company called Uptake analyzed 29 million status updates to figure out the top 10 cities where people are getting engaged.  Here are the results . . .

Unless you have a lot of spare time on your hands and enjoy reading privacy policies and terms of use, there are probably many things about Facebook that you aren’t aware of. Here are ten things you probably didn’t know about the agreement between you (the user) and Facebook.

There are people who love Facebook and people who love Twitter — and now scientists think they’ve discovered why those preferences exist, and what they say about the people who hold them.

I like seeing all of my Facebooks friends posts. I love it when they tell everyone what they are up too, I love it when they complain about silly things and I really love it when they post super cute pictures of their kids.

2011 brought a lot of changes to Facebook.  Like them or not, your head probably was left spinning trying to keep up with privacy settings, to the point where a lot of us just decided to ignore them altogether.