Hot Potato a social site announced the deal on its blog Friday, 20th/08/2010 "Today, we’re thrilled to announce that some of the features and thinking behind Hot Potato are going to be exposed to a much larger audience: We’ve been acquired by Facebook."

Facebook's main aim of acquiring Hot Potato help further its move into location-based services that they have just been introduced. Read More

Hot Potato aims to let people share what they're doing with friends and connect with other people doing the same thing. People visit the page and choose the beginning of a sentence like "I'm attending..." or "I'm listening to..." and then fill in the rest of the sentence. They then join a group of people who have posted similar ideas. The group can share photos and videos and ask each other questions.

Users can also create whole new categories by writing an entire sentence following "I'm."

  The service was already linked to Facebook in that Hot Potato can look for friends who use the service through their Facebook logins. People can also link their profiles to their Facebook and Twitter accounts.