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Facebook Files For IPO, Reports It Has 845 Million Users
2012-02-02 12:42:57

After much anticipation, the world's largest social network finally filed for its initial public offering on Wednesday. The company is seeking to raise $5 billion on Wall Street, and analysts put Facebook's valuation at between $75 billion and $100 billion.


Word of the Day
donative
  • A gift; a largess; a gratuity; a present; a dole.
The word 'donative' comes from a Latin word meaning 'to give'.
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