Facebook's goal is to redefine the social media experience by creating an immersive platform that will be the centre of people's digital lives, making it the dominant platform for rich communications, commercial content and advertising. That's the view of one global analyst firm that believes that if the social media giant can achieve its vision then the predictions of an IPO valuation of $100 billion might well be justified.

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Security firm Bitdefender has secured a deal with the Westpac banking group to offer the bank's customers a one-year free subscription to its Internet security package including antivirus, antispam, firewall and parental controls as well as social networking protection against malicious pages and privacy threats.

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Optus is expecting calls and messaging across its mobile network to go gangbusters right through the Christmas and New Year period, with we Aussies expected to pass on cheer and goodwill by making over 34 million calls and sending more than 65 million SMSs on the Optus network on Christmas Day alone.

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