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Facebook's Mark Zuckerberg files for IPO

  by Joseph Earnest  February 2, 2012

 Newscast Media HOUSTON, Texas — The most popular social network filed for an initial public offering on February 1, putting the company on track for one of the biggest U.S. stock-market debuts of all time, with a value of between $75 billion to $100 billion.

In just eight years, Facebook has become the world's largest online social party, where friends gossip, play games and share photos with each other. It has also emerged as a potent political tool, helping to topple regimes across the Middle East last year.

The company chose "FB" as its ticker symbol but hasn't decided whether it will trade on the New York Stock Exchange or Nasdaq Stock Market.  Add Comments>>

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