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Facebook CEO turns 28, IPO could be $100B gift

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NEW YORK (AP) — He famously wears a hoodie, jeans and sneakers, and he was born the year Apple introduced the Macintosh. But Mark Zuckerberg is no boy-CEO.

Facebook's chief executive turned 28 on Monday, setting in motion the social network's biggest week ever. The company is expected to start selling stock to the public for the first time and begin trading on the Nasdaq Stock Market on Friday. The IPO could value Facebook at nearly $100 billion, making it worth more than such iconic companies as Disney, Ford and Kraft Foods.

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Facebook to make it easier to become organ donor

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NEW YORK (AP) — Facebook wants to help you share your organs.

Users in the United States and the U.K. can enroll as organ donors via links to official registries on the world's biggest social networking site, said CEO Mark Zuckerberg. The links should make it easier for people who want to donate their organs to sign up.

Facebook users who are already organ donors can add that information to their profile page, now known as their timeline.

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Woman fired for not handing over facebook password to employer

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The Facebook-related firings have begun: A teacher’s aide in Michigan was let go from her job after a school administrator demanded that she turn over her Facebook password and she refused. The aide, Kimberly Hester, is preparing for a legal showdown with the school system.

The incident that prompted administrators to ask Hester for her password occurred last spring. According to  local news station WSBT, “She jokingly posted a picture of a co-worker’s pants around her ankles and a pair of shoes, with the caption ‘Thinking of you.’” Hester wasn’t using Facebook during school hours or at a school computer, but her brand of humor got her in hot water at work anyway.

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Yahoo Sues Facebook In Patent Row

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The latest patents dispute between some of the world’s best known companies is pitting Yahoo! against Facebook in a rare social media court battle.

Yahoo! filed a lawsuit in a California court on Monday night accusing Facebook of infringing 10 patents held by the internet pioneer.

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Facebook goes down in parts of Europe

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Internet users in Europe and parts of Asia were unable to access the world’s biggest social networking website Facebook this morning.

At around 6.45am GMT users in the UK, Ireland, Sweden, Spain, Germany, Russia and Turkey said that they were unable to reach the website from their desktop machines.

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Research: Nigeria Among 5 Most Active Countries on Twitter

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With 1,646,212, volumes of geo-located Tweets in the last three months of 2011, Nigeria is one of the five most active countries on online interactions in Africa; a research study has revealed.
According to ‘How Africa Tweets’, a new research launched in Nairobi recently, the high number of young people Tweeting from mobile devices are driving the growth of Twitter in Africa.

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Facebook to file IPO documents as soon as Wednesday: report

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Facebook plans to file documents as early as Wednesday for a highly anticipated IPO that will value the world's largest social network at between $75 billion and $100 billion, the Wall Street Journal cited unidentified sources as saying on Friday.

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In Facebook IPO, bankers seek prestige over fees

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Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business.

The world's largest online social network is expected to tap public markets for $10 billion in the coming months in an offering that will value the company at up to $100 billion, according to sources familiar with the planned IPO.

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CONFESSIONS OF A FACEBOOK EMPLOYEE: What It's Really Like Working For Zuckerberg

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Later this year, Facebook is expected to IPO at a valuation close to $100 billion.

More than anyone else, the person responsible for that success is Facebook's 27-year-old cofounder and CEO, Mark Zuckerberg.

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