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Friday, January 7, 2011

SEC rule likely to trigger Facebook IPO in 2012

January 7, 2011 By MICHAEL LIEDTKE , AP Technology Writer SEC rule likely to trigger Facebook IPO in 2012 (AP)Enlarge
In this Oct. 13, 2010 file photo, Facebook founder Mark Zuckerberg speaks in the Galileo Auditorium on Microsoft’s Silicon Valley Campus in Mountain View, Calif. With so many investors becoming fans of the company, Facebook will be legally required to begin sharing more information about its finances and strategy by April 2012, according to documents distributed to prospective shareholders. (AP Photo/Jeff Chiu, File)
(AP) -- With so many investors becoming fans of the company, Facebook will be legally required to begin sharing more information about its finances and strategy by April 2012, according to documents distributed to prospective shareholders.

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