Facebook readying Twitter–baiting public status updates today?

Twitter has slain all comers to the social networking party in 2009. From inane comments from overzealous users to breaking news from Iran's frontline

Twitter has slain all comers to the social networking party in 2009. From inane comments from overzealous users to breaking news from Iran's frontline, it's dominated headlines and made Facebook seem archaic by comparison.

Well, it seems Facey–B's had enough. After a limited trial, it appears last year's hottest social network is set to officially unveil plans to make their 'publisher bar' public.

That means public status updates, videos and snaps, just like the ones you find on Twitter. Mashable has got the full skinny, with Facebook plotting a news conference today to unveil "upcoming privacy changes." As well as Twitter–style updates, this means a new setting will also let you become a "fan" of someone, rather than a friend. Just like following random guys and gals on Twitter.

Facebook is clearly panicked by Twitter's rampant success. But wouldn't it be better off sticking with its stringent privacy policy rather than letting its punters choose to know about fans' toilet habits and favourite breakfast cereals?

Can Facebook really take on Twitter and win? Tell us what you think in the comments section now.

Via Mashable