Launched eight years ago in Mark Zuckerberg's dorm room, Facebook snowballed in recent years. The company makes money in two ways: Selling ads and collecting a fee from the app makers who use its Facebook Credits system.
Facebook has no plans to ever charge its members for using the site. As Zuckerberg wrote in a letter to future shareholders: "We don't build services to make money; we make money to build better services."
The hottest IPO in years is getting poised tor launch.
|The text you never want to get on your iPhone|
|Tracy Morgan settles with Walmart over car crash|
|For millennials, it's good to be young, rich, and female|
|Premarkets: 5 things to know before the open|
|Maybe the U.S. economy isn't tanking after all|