Facebook much awaited giant Initial Public Offering has been expected to hit on May 17. The latest rumor comes from multiple sources close to the company cited by TechCrunch. May 17 will only be the big day if the U.S. Securities and Exchange Commission (SEC) give the green light for Facebook’s mounting paperwork. Other rumor mounting up is that Facebook valuation is...

According to multiple media sources, it is confirmed that the world’s largest social networking site, Facebook is going to file its paperwork for it’s to be called as “giant $100 billion” Initial Public Offering on coming Wednesday. Cited an unnamed source, Morgan Stanley is close to winning the IPO deal, while Goldman Sachs is expected to play a key role –...

The world’s largest social networking site, Facebook, as we know – is now coming with its “giant $100 billion” Initial Public Offering documentation on coming Wednesday, according to a report from the Wall Street Journal. Speculation of a Facebook IPO heightened this week after news reports of a halt in trading in the company’s privately-held shares on the secondary...