Eight years after Zuckerberg launched Facebook in his Harvard dorm room, his social network connects almost 1 billion people and has made him one of the richest people on the planet. He's selling off around 30 million shares in Facebook's IPO, raising $1.1 billion, but he won't be hanging on to most of the cash: Facebook say he'll use it to pay off a massive tax bill on a stock-options exercise.
Facebook's IPO will raise $16 billion, making it the third-largest IPO in U.S. history.
|Red Lobster bets on fancier-looking plates to turn things around|
|After terrible start to the year, the U.S. economy bounces back|
|Chevy Volt top safety pick says insurance group|
|ESPN suspends Stephen A. Smith for one week|
|U.S. losing tech talent to Canada|