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Facebook Inc. is planning to set the price range for its impending initial public offering in the high-$20s to mid-$30sa share, valuing itself at roughly $85 billion to $95 billion...

Facebook will go public on May 18, a published report says, in one of the most highly anticipated tech initial public offerings since Google went public in August 2004.

Despite rumors of delays, Facebook could begin its roadshow as soon as early next week, according to two people briefed on the company's plans.

The creation of the guidelines reflects concerns about the misuse of sites like Facebook and Twitter and follows accusations of misconduct by teachers with students.

Yahoo returned legal fire against Facebook in the companies' ongoing patent dispute, calling Facebook's recent countersuit slapdash and asserting two new patents against its younger peer.

Facebook’s market debut has been expected to be in mid- to late May, but a report from CNBC indicates that the process could take a little longer than analysts expected. The report, citing unnamed “people familiar with the matter,” pinpoints June as the new expected time range for the IPO and says Facebook founder and chief executive Mark Zuckerberg has been so busy with business and acquisitions that the company hasn’t had time to put the final touches on its prep for going public.

Facebook Inc reported its first quarter-to-quarter revenue slide in at least two years, a sign that the social network's sizzling growth may be cooling as it prepares to go public in the biggest ever Internet IPO.

Facebook is paying $550 million to Microsoft for some of the patents the software giant recently bought from AOL, as the social network beefs up its patent defenses ahead of its IPO.

This story appears in the May 7 edition of Forbes magazine on page 150. Zynga, Facebook and all use an independent auditor that is simultaneously inventing the rules for social media accounting. Somewhere, Arthur Andersen is shuddering.

Facebook is spending $1 billion to buy the photo-sharing company Instagram in the social network's largest acquisition ever.