BACK > Thu 02 02 2012, Status update: Facebook to go public, raise $5B (AP) > ARCHIVE

Status update: Facebook to go public, raise $5B (AP)

FILE - This Dec. 13, 2011 file photo shows a sign at Facebook headquarters  in Menlo Park, Calif. Facebook, the social network that changed 'friend' from a noun to a verb, is expected to file as early as Wednesday, Feb. 1, 2012, to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004. (AP Photo/Paul Sakuma, file)AP - Facebook is friending Wall Street: The Internet social network is going public in a stock offering that could value it at up to $100 billion, eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard.


READ ENTIRE ARTICLE