MARK ZUCKERBERG

Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.

Facebook's corporate governance rules, which give shareholders little say in how the social network would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.

In the weeks leading up to Facebook's $100 billion initial public offering, Mark Zuckerberg reportedly told Goldman Sachs, Morgan Stanley, JPMorgan Chase and the other banks involved in the action to stop leaking information to the media.

Facebook realized it needed to strike a more cooperative tone with Madison Avenue ahead of its initial public offering and the accompanying intense scrutiny on profit growth.

So much for Facebook fatigue.

From a safety pin vest, to a floral blazer, GQ's British magazine has deemed Chris Brown the world's worst-dressed man of 2012.

Moneyball' is far from the Best Picture favorite, but a strong contender among the underdogs.

Shares of Facebook were auctioned Thursday on the private site SharesPost that would value the entire company at $94 billion.

As Facebook filed for its initial public offering (IPO) on Feb 1, the letter to investors was also released. The most notable remark by Mark Zuckerberg is that Facebook was not originally created to be a company. It was built to accomplish a social mission - to make the world more open and connected.

With all the talk surrounding the Facebook IPO, besides Mark Zuckerberg, one other name stands out: Sheryl Sandberg. Sandberg is the company's chief operating officer and with the approximately $31 million she made last year, she is the highest-paid employee at the social networking site. Sandberg is a married mother of two who has an excellent academic track record.

New Hewlett-Packard CEO Meg Whitman, who takes a $1 annual salary, got stock options that could be valued as high as $16.1 million, the company’s proxy filing said.

As with most companies going public, Facebook's IPO filing Wednesday brought to light the company's financials and other astonishing revelations that could either make or break the multi-billion dollar business.

It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.

Sheryl Sandberg is the company's chief operating officer and the highest-paid employee at the social networking site, raking in a jaw-dropping $30.87 million last year.

So much for Facebook fatigue.A survey released on Friday shows that people who have used the social networking site over a long period - since its founding in 2004, say - show no sign that they are tired of posting pictures, updating weekend plans or just relaying random thoughts.

The hype over Facebook's initial public offering has excited investors revisiting other social media companies, even though most of those stocks have plunged since the fanfare of their own IPOs.

Singer Bono is set to make almost $1 billion in profit when Facebook goes public later this year, it emerged today. Wednesday's $5 billion dollar Facebook IPO is set to make thousands of stock holders a fortune, including the U2 front man who, through his investment vehicle Elevation Partners, bought a one percent stake in the social network for $90 million in 2009.

Assuming the $100 billion initial public offering by Facebook proceeds as planned, investors will likely clamor for shares and snap them up, just as in earlier Web frenzies for Netscape Communications, Yahoo and Google. But there are dangers.

Facebook filed for its initial public offering (IPO) on Wednesday, a monumental step in the short history of the company that has helped change the face of the Internet in just eight years. With 845 million users, Facebook is a global phenomenon. But which countries use it most?

Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.

As soon as news broke that Facebook was filing for its IPO, rumors spread that the public offering would create 1,000 overnight millionaires.