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As he takes Facebook public, Mark Zuckerberg has lofty goals: nothing less than transforming "many parts of society." Will investors agree that "the riskiest thing is to take no risks" when he's using their money? Also, the jobless rate falls to a three-year low, and the Komen Foundation apologizes and restores funds to Planned Parenthood for breast cancer screening of poor women. Did abortion politics play a role? 

Banner image:  A sign with the 'like' symbol stands in front of the Facebook headquarters on February 1, 2012 in Menlo Park, California.  Photo by Justin Sullivan/Getty Images

Making News Jobless Rate Falls to a Three-Year Low 7 MIN, 36 SEC

Unemployment in January dropped to its lowest level in three years, 8.3 percent, with most of the job in the private sector, including manufacturing. President Obama took the Labor Department report as evidence that the recovery is speeding up. Daniel Gross is economics editor at Yahoo! Finance.

Daniel Gross, Strategy + Business (@grossdm)

Main Topic Can Facebook Go Public and Change the World? 35 MIN, 51 SEC

When Facebook goes public, it's expected to be the biggest initial public offering (IPO) in Silicon Valley history, possibly raising $10 billion on a value of $100 billion. Founder Mark Zuckerberg says, "We don't build services to make money, we make money to build better services." What will that mean to potential investors — especially when Zuckerberg, age 27 — will retain almost total control?  Will becoming a publicly traded company necessarily change his style? How will he deal with government oversight, especially overseas? As he sells the personal data of 800 million "friends," will they all stay comfortable or raise more questions about violations of privacy?

Lise Buyer, Class V Group
Nate Elliott, Forrester Research (@nate_elliott)
Douglas Rushkoff, CUNY/Queens (@rushkoff)
Tim Wu, Columbia University (@superwuster)

Program or Be Programmed

Douglas Rushkoff

Reporter's Notebook Komen Foundation Reverses Decision to Cut Off Planned Parenthood 9 MIN, 33 SEC

The Susan G. Komen for the Cure Foundation has apologized "to the American public" and restored funding to Planned Parenthood for breast-cancer screening. Komen insists the cutoff was not the result of political pressure or a penalty because Planned Parenthood also finances abortions. But interviews with "three sources with direct knowledge" say the board created a new rule to provide an excuse for cutting some $600,000 dollars annually. That's according to Jeffrey Goldberg of The Atlantic magazine.

Jeffrey Goldberg, Atlantic (@JeffreyGoldberg)

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