They’ve been talking about it for a little while now and it appears to be final.  Facebook is currently getting ready to launch this feature by taking care of last minute details and Twitter is ready to launch it at any time.  This feature will allow for friends to share their location with each other. 

Facebook says that they will be ready for the launch next month, according to The New York Times.  The Facebook geolocation status feature is to be introduced next month at the F8 developer conference.  This specific feature with Facebook will allow for you to share your geographical location with your friends when you update your status.

Currently, there are approximately 400 million Facebook users and a ¼ of those Facebook users, update their status frequently from their mobile phone, which is highly likely to be a Smartphone these days.  Facebook ideally believes that this status location will be of assistance to advertisers of small businesses.

Facebook isn’t the only social network that plans to try this geolocation feature out as Twitter has the very same intentions.  Twitter currently holds a record of about 50 million tweets per day!  If you are currently a Twitter user and use a third party client, then you already have the ability to use this feature and share your geological location when posting your daily tweets; however, the Twitter website doesn’t have it enabled.

Facebook revealed their intentions yesterday and shortly thereafter, Twitter enabled the geolocation status feature, but then disabled just as quickly.  Twitter is ready to launch this feature, as opposed to a few minor final details, and plans to launch this status feature this Friday at the SXSW conference.

How are these features going to work on both Facebook and Twitter?

Well, that questions remains to be answered and seen in regards to Facebook; however, when Twitter enabled the feature for a short time yesterday, we noticed that you’ll be able to see a map superimposed on individual tweets whereas if you are looking at the main tweeting page, you’ll notice that the tweets will have a location and the name of a place.

The Good and the Bad of the Geological Location Feature

The feature could be really cool in some ways.  For example, if you are somewhere that you have never been before, maybe on vacation, when you create a status update with your location…real life people will be able to share recommendations with you for the area.  You will also be able to stay up to date with any news within the area that you are updating or tweeting in.  In addition, you can find new friends based on the location feature or maybe even a date to dinner!

In terms of the bad – first and foremost, criminals.  By enabling this geolocation feature on Facebook and Twitter as well as any type of social network, criminals are able to see exactly where you are and when.  This is of course, unless you have your information COMPLETELY private from those that are not your friends.  But then, you still have to worry – what if you added someone that you didn’t know, on purpose or on accident, and they are out to get you. Yes, I know, it is a bit freaky to think about it, but it’s the truth. 

Then, of course, you’ll have advertisements jumping at you based on your location of your last status update.  This is why Facebook says that the geolocation feature will help the advertisers of small businesses because the ads will appear based on your location.

In ways, the feature will be great, but in others, it simply won’t be.

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