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

By: AP Photo/Paul Sakuma, file
FILE - This Dec. 13, 2011 file photo shows a sign at Facebook headquarters in Menlo Park, Calif.... Read More
Facebook made a much-anticipated status update Wednesday: The Internet social network is going public in a stock offering that could value it at as much as $100 billion, eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University. That means anyone with the right amount of cash will be able to own part of a Silicon Valley icon that quickly transformed from dorm-room startup to cultural touchstone. Read More

Wall St. futures head higher on manufacturing data

Stephen Holden, Gerard Farco
U.S. stock futures are getting a boost from solid manufacturing data from around the world as attention turns toward the state of the U.S. Read More

Nonprofit to help Megaupload users retrieve data

Kim Dotcom
Users of the file-sharing website Megaupload who feared their data could be deleted as early as Thursday have a reprieve after a nonprofit group s Read More

Amazon 4Q results, outlook sends stock lower

Kindle
Shoppers spent more money online this holiday season than ever before, and yet, Amazon —the world's largest Internet retailer— failed to meet Wall Read More



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