Seeing the growing popularity of Twitter, Social networking site Facebook had a major facelift on Wednesday. Facebook announced a number of significant changes to its homepage/newsfeed.

Facebook announced that it is making major changes to the ways users could filter information. The social networking site announced that it is bringing several modifications to its pages feature and removing most distinctions between public pages and profiles.

Facebook stated that it has altered its home page to allow streaming of "posts from your friends in real-time." It has also modified the status prompt from "What are you doing right now?" to "What's on your mind?" It sounds like an attempt to prompt a more real-time interaction, and it has gone one step ahead of Twitter's "What are you doing?"

Facebook CEO Mark Zuckerberg stated that social networking plays important role in organizing streams of information, and while the "sites like Twitter and MySpace are making strides in helping to organize these streams, Facebook needs to do a better job at it".

Zuckerberg said, "We're at a point now of expecting this information sharing to keep moving faster and faster. Today we're taking a few steps to move in that direction. This isn't something we've been working on for a long time... We're not sure exactly where this is going to end up."

Going twitter way, Facebook announced that now on there will be no limit to the number of friends one can have; previously a user could have maximum 5,000 friends. Facebook said that now on there won't be Facebook "Pages;" instead there will profiles.

Facebook's director of product, Chris Cox said, "Now users can open up their profiles to other users to subscribe to; that means pages will become more like the profile."

According to analysts, Facebook announced several changes that looked like an attempt to take on Twitter, the site that Facebook failed to acquire late last year.