Liveblogging the Facebook Developer Conference

The TechCrunch team is on site at the Facebook Developer conference, and we'll be live blogging the news. Mark Zuckerberg's Keynote starts at 1:30 pm PST.

Facebook's press release is here.

Live Coverage

In a press briefing after the keynote, Zuckerberg stated "I wish I knew" when asked when the anticipated payments system would launch. He also hinted that Facebook is working on launching improved search, but they aren't close to launching it yet.

2:49 PM: That's it. The show is over.

2:48 PM: Great Apps can integrate with users just like native Facebook apps, and they get early access to features. The Great Apps program is in alpha stage and the first two partners are iLike and Causes. There will be a strong enforcement system with all apps, and they will disable apps that are a problem. Over the last year they've disabled apps for violation of privacy or other policies. They take this very seriously, he says.

2:47 PM: The second announcement is the Facebook Great Apps Program (Top Tier program). They embody all ten of the guiding principles, and they advance the mission of Facebook.

2:46 PM: They're announcing two new programs: a verification program is first - this is the lower tier of the two programs. Starting in September they will invite apps that are secure, respectful and transparent to apply to be verified. Trusted apps get a special badge in the directory and app page. (we posted on this earlier, here)