| The new website, that will look very much like 
				Facebook, will compete with professional social network LinkedIn 
				Corp, Google Inc, and Microsoft Corp, the newspaper said. 
				(http://on.ft.com/1vgu64P)
 Facebook's new site will allow users to chat with colleagues, 
				connect with professional contacts and collaborate over 
				documents, the newspaper reported, citing unidentified sources.
 
 Facebook was not available for comment outside regular U.S. 
				business hours.
 
 Facebook employees have long used the site in their daily work 
				and the social networking site is now testing it with companies, 
				the newspaper said.
 
 (Reporting by Zara Mascarenhas in Bangalore; Editing by Miral 
				Fahmy)
 
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