Facebook, Social Media | featured news

For all the huge numbers in Facebook's IPO papers, a surprisingly small figure stands out: $4.39, the amount the site generated per user last year....

Facebook has filed papers for what's expected to be the largest initial public offering ever to come out of Silicon Valley and one of the largest in U.S. history. Ending months of breathless speculation, the 8-year-old social networking company has submitted registration documents with the U.S. Securities and Exchange Commission that set preliminary goal of $5 billion. Facebook had discussed raising as much as $10 billion. Final pricing will not be set for months, and the size of the IPO probably will increase with investor demand. The filing sets the stage for an IPO in May.

Facebook Inc. could file papers for its initial public offering as early as this coming week, people familiar with the matter said, as anticipation mounts for what is likely to be one of the biggest debuts for a U.S. company.

In the age of Twitter and Facebook, many Super Bowl viewers will use the commercial breaks to go online and see what people are saying about the game. This year, advertisers want them to tweet about their favorite commercials as well.

Facebook looks set to file papers for its public stock offering by as soon next Wednesday, CNBC reported Friday. The highly anticipated IPO will value the world's largest social networking site at between $75 billion and $100 billion, CNBC said, citing The Wall Street Journal as the source.

Facebook will hit the 1 billion user mark in August, according to an analyst... You know what’s cool? A billion. Users, that is. Having passed the $1 billion revenue mark some time ago, Facebook is now closing in on 1 billion users. The company claimed 800 million users in September, so it’s not surprising that claiming membership of one-seventh of humanity is now within the social network’s grasp.

Facebook and other social media sites are becoming a go-to place to find a person with a kidney to spare.

A survey by a UK-based divorce website shows that Facebook figures prominently in one-third of divorce petitions, an increase of 13 percent from two years ago.

The most anticipated stock market debut of 2012 is expected to value Facebook at as much as $100 billion and mint at least a thousand new millionaires.