Facebook users will be able to update their location starting this April as decided at Facebook’s f-8 conference. According to a report from The New York Times, in preparation for the introduction, Facebook updated its privacy policy last November. The new policy states: “When you share your location with others or add a location to something you post, we treat that like any other content you post.” At that time, the company also offered some foreshadowing of the new feature: “If we offer a service that supports this type of location sharing we will present you with an opt-in choice of whether you want to participate.”

Meredith Chin, a Facebook spokeswoman, said Tuesday that the company wasn’t ready to discuss any possible location-based features. “We’re constantly experimenting with new things around here, but we don’t have any details to share right now,” she said in an e-mail message to The New York Times.

The report also says that Facebook is not looking into possibilities to compete with Four-Square or similar location based services rather it is targeting advertisements from small industries which are centralized at a particular location. This will snatch a huge share from the advertisement giant Google which earns huge from localized small scale businesses.

Also there is another question about how Facebook is going to handle the location data. It may publish it along the status message or may add below you profile pic. We’ll have to watch out for this. An API is also on the way for making the “location share” an easy process. Facebook has a very robust API for building applications already and has a very strong support from the developer community and ofcourse we love Facebook Connect.

We sincerely hope that Facebook will take care of user privacy and are looking forward for this feature. How about you? Let us know in comments.

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