Facebook turn into publicly-listed company

LONDON: Social network Facebook will soon become a publicly-listed organization, sought after at $75-100 billion dollars, Sky Information revealed on monday.


According to the Financial Times and The Walls Road Paper, Facebook programs to computer file documents with the US financial watch dog wednesday.


The flotation later this year would increase around $10 billion dollars, making it one of the greatest reveal revenue ever on Walls Road.


Rumours of Facebook's preliminary public providing (IPO) have been moving for several weeks.

"Facebook a amazing good results, but $75-$100bn? Would make Apple company look really inexpensive," submitted Rupert Murdoch on Tweets.


The organization was began by Mark Zuckerberg and other learners at Harvard Higher education in 2004. It has over 800 million customers and makes most of its money through advertising.


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