According to The New York Times, social networking site facebook is planning to launch its zoning feature at next months developer conference. Facebook will incorporate location in two ways: (1) its own features for sharing location and (2) APIs to let other apps — like Foursquare and Gowalla –- offer location services to Facebook users.

Facebook will be rolling out its location features to an enormous user base — there are now more than 400 million users of the social network in total, 100 million of which access the site via mobile regularly. The company also has its own native apps for all of the major mobile platforms. All of this gives Facebook’s location features an enormous edge over the competitors like Google and Foursquare.

I am also speculating that Facebook will make sure to address privacy issues with its location features. For example, with settings that allow you to share your location only with a select group of friends. The Times’ report doesn’t detail the specifics of such features, though it notes that the social network updated its privacy policy late last year in preparation for a location launch.

Check regularly for update on this new Facebook feature

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