Facebook working on new search tool to rival Google

http://en.wikipedia.org/wiki/Facebook

About 24 Facebook developers, led by former Google engineer Lars Rasmussen are working on a new search engine, according to a report published by Bloomberg last week.

About two dozen Facebook engineers are working on an improved search engine, say two people familiar with the project who did not want to be named because the company is in a quiet period ahead of its IPO. 

Read more: Facebook working on new search tool to rival Google

Story added 3. April 2012, content source with full text you can find at link above.