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Aaron Sorkin (writer and creator of "The West Wing" and "Sports Night") has written the script, which is based on Ben Mezrich's book, "The Accidental Billionaires."
David Fincher ("Fight Club") is directing the film. There isn't any word about casting right now, but with production starting in six to eight weeks, expect those details to be finalized soon.
For those of you who are convinced that there's no way Facebook could ever be a good movie, I recommend reading Script Shadow's script review, as well as Mezrich's book. There are a lot of layers to the Facebook story, and with talents like Fincher and Sorkin on board, this could end up being a very compelling film.