To the Point
Facebook Goes Public with IPO
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...
By Warren Olney • • 51m ListenAs 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?
In this episode
3 storiesJobless Rate Falls to a Three-Year Low
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 .
Read the story8 minCan Facebook Go Public and Change the World?
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."
Read the story36 minKomen Foundation Reverses Decision to Cut Off Planned Parenthood
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.
Read the story10 min
