Facebook finally releases its much-anticipated S-1 filing. As expected, the social networking...

|By:, SA News Editor

Facebook finally releases its much-anticipated S-1 filing. As expected, the social networking giant plans to raise $5B through its IPO. The company claims 2011 revenue of $3.7B (+88% Y/Y), operating income of $1.76B, and net income of $1B. Mark Zuckerberg currently owns 28.4% of all outstanding shares. Facebook plans to use the ticker FB.