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CHICAGO (AdAge.com) -- Facebook is preparing to launch location-based status updates for its users. But the social network is also planning to offer it to marketers, including McDonald's.

As early as this month, the social-networking site will give users the ability to post their location within a status update. McDonald's, through digital agency Tribal DDB, Chicago, is building an app with Facebook would allow users to check in at one of its restaurants and have a featured product appear in the post, such as an Angus Quarter Pounder, say executives close to the deal.

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Information has leaked that Facebook is set to roll out location-based features for users and brands as soon as this month. According to Advertising Age, users could see location options any day now.

These features will include the ability to check in at various locations, including retail spots and restaurants. We’re unclear as to whether users will be able to add or customize their own locations, but we are fairly positive that this move will put Foursquare, Brightkite, Gowalla and other location-based services in an uncomfortable position.

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Facebook may not have made any big announcements about local business marketing at last week’s f8 conference, but the company is certainly stepping up its efforts in that area. Today, we discovered that Facebook is sending out window decals with text-to-Like SMS instructions to select local businesses.

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The sharecount button for Facebook displays the number of times the current page has been shared on Facebook and allows visitors to share it themselves.

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Facebook is one of those Web phenomena that impress everyone with numbers. To cite some: about 250 million users are on Facebook, and together they spend more than 5 billion minutes on Facebook… every day. These numbers suggest that we should start thinking about how to use Facebook for blogging or vice versa.

We did some research to find out how the integration of Facebook with WordPress and vice versa works, or — in other words — how you can present your WordPress blog on Facebook or use the functionality of Facebook on your WordPress-powered blog. Both of these can be achieved with a set of WordPress plug-ins, a couple of which we’ll present here in detail.

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A source familiar with Facebook's long-term strategy tells us the startup "definitely" plans to eventually build an ad network on the back of Facebook Connect, the service that allows users to sign-in to participating third-party sites using their Facebook accounts. The idea is that Facebook would be able to sell ads for third-party sites, targeting them using all the anonymous demographic and behavioral information it keeps on its users.

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Twitter has turned down a $500 million acquisition offer from Facebook, according to a report published early Monday morning.

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As companies try to build or keep relevancy among young people, they're increasingly tailoring marketing campaigns specifically to social networks. These go far beyond placing banner ads on a site, and involve interaction with users over time in what comp

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