Social Media, Ipo | featured news

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 will list its shares with Nasdaq, according to media reports. That would be a big win for the Nasdaq, which competes fiercely with NYSE Euronext Inc., especially for an initial public offering as large as Facebook's, pegged at $5 billion. The New York Times and CNBC cited anonymous sources on the potential listing.

Facebook will pay a fee of just 1.1 percent to underwriters of its initial public offering, a source with knowledge of the company's plans said on Monday.

Don't expect a initial public offering of shares of Twitter anytime soon. CNN is reporting that the company has placed restrictions on employees who hold shares, forcing them to keep 80 percent of the shares they own. The cable news outlet cited company emails about the policy, which has been in effect for a year, and said at least one high-level employee resigned because of the policy....

Without the free content created by its 850 million users, Facebook would surely not be on the verge of a multibillion-dollar initial public offering.

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.

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.

Zynga is poised to harvest some cold hard cash in its initial public offering. Who knew that selling virtual cows and digital corn on Facebook would create a $7 billion company?

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.