To update Facebook status, notes, images, or comments concerning the "it." An offshoot of "fuhgeddaboudit," following similar cohesion of the words, "Facebook," "about," and "it." Used to belittle and snip short unwanted divulgence of personal drama episodes.
Related word: facebhukeddaboudit
Man, I don't want to hear the piddly drama about the neighbor's chow chow eating your parakeet for lunch. Why don't you go facebhukaboudit!?