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In addition to announcing the official launch of Facebook Connect for the iPhone this weekend, Facebook has also announced a new round of the fbFund competition for developers building apps on the web, iPhone, desktop, or any platform with Facebook Connect.
Facebook’s Josh Elman announced at the Facebook Developers Garage in Austin that up to 50 developers will be selected as first round winners in May. From there, several finalists will be awarded up to $100,000 in the form of equity investments.