UPDATE: Facebook confirms that their developer platform will go open source:
We’re working on an open-source initiative that is meant to help application developers better understand Facebook Platform and more easily build applications, whether it’s by running their own test servers, building tools, or optimizing their applications. As Facebook Platform continues to mature, open-sourcing the infrastructure behind it is a natural step so developers can build richer social applications and share what they’ve learned with the ecosystem. Additional details will be released soon.
According to TechCrunch, the initiative will be called fbOpen.
Original story follows
Now here’s a juicy rumor: everyone’s favorite social networking site might be using everyone’s favorite tech buzzword as early as this week. That’s right: Facebook might go “open.”