Facebook app store launches amid mobile revenue worries

Facebook has launched its own app store to promote mobile programs that operate using the social network.

Facebook criticised over data download tool

Facebook has updated a tool that lets users look at some of the data the social network holds on them.

The update gives people an "expanded archive" of their activity on Facebook letting them see friend requests and login locations.

Facebook said other categories of data would be added in the future.

California expected to reap Facebook windfall

NEW YORK (CNNMoney) -- Facebook's upcoming IPO could be a golden egg for the Golden State.

California could reap as much as $2.45 billion in additional revenues over the next five years from Facebook's initial public offering, according to a new report issued by the state Legislative Analyst's Office.

Aussie mothers protest against Facebook for removing breastfeeding photos

ANGRY mums have organised a protest at Facebook's Australian offices next week after the social network suspended users who had posted images of themselves breastfeeding.

bSydneysider Lucy Allen, 21, had her Facebook account deactivated for two days in July last year after she posted a photo of herself breastfeeding and pumping milk at the same time.

Wisconsin Woman Accused of Selling Fake Facebook Stock

A Wisconsin woman has been charged with theft over accusations she tried to profit from Facebook's much-anticipated plans to go public by selling fake stock in the social media giant.

In a criminal complaint on Thursday, prosecutors said Marianne Oleson told acquaintances she obtained $1 million in stock because her daughter was an acquaintance of Facebook's founder, and persuaded several people to buy fictitious Facebook stock over a four-month period.

Would you like a bag for those muffins, sir?

How to play it: Facebook readies its IPO

Depending on who you ask, Facebook is either the best company to go public since Google or the hallmark of another tech bubble.

But no matter the ultimate fate of the broad-reaching social network, it's clear that investors will be scrambling to pick up shares when they get the chance. Facebook filed for a $5 billion initial public offering on Wednesday. If all goes smoothly, the actual IPO would follow a few months later.

Facebook could offer 'premium' option after float, says analyst

A FACEBOOK "premium" service that you have to pay for and invasive targeted advertising are just two of the changes predicted for the social network as it goes public in the largest net company float ever.

Facebook Sets Stage for $5 Billion IPO

Social-networking leader Facebook filed paperwork on Wednesday for a $5 billion IPO, paving the way for what will likely be the largest and most-hyped global Internet offering ever.

By filing its preliminary prospectus with the Securities and Exchange Commission, Facebook is giving potential investors their first official glimpse into the company's financial vitals.

What to expect from Facebook’s IPO filing

Eight years after it was launched from a Harvard dorm room, Facebook is expected to take its first major step to being a publicly traded company Wednesday. The filing is the first step toward what’s shaping up to be one of the highest-buzzed market debuts in history.
Facebook has made no secret about it plans to go public, and rumors have been circulating for months that the company would raise as much as $10 billion

Could Silicon Valley see a ‘Facebook effect’?

Things could be looking very green in Silicon Valley, thanks to an influx of cash that could come from Facebook’s initial public offering. Even the state of California is expecting a windfall from the filing — saying that hundreds of millions of dollars could help the cash-strapped state in the coming year.
Though the company is simply expected to file to go public Wednesday, according to a report from the San Jose Mercury News, the possibility of a big IPO from Facebook has generated some excitement for Silicon Valley real estate agents, especially in the company’s hometown of Menlo Park, Calif.