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.
|Silk Road's Ross Ulbricht sentenced to life|
|American Express president Ed Gilligan dies at 55|
|'San Andreas' rocks Friday box office with $18.2 million|
|Duggar parents preparing to answer questions in Fox interview|
|Why hasn't '19 Kids and Counting' been canceled? It's complicated|