Saturday 25 May 2013
 
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Facebook eyes $10bn IPO; firm valued at $100bn

Facebook, the world's largest Internet social network, is preparing for an initial public stock offering next year, according to a source familiar with the matter. Facebook is exploring raising $10 billion, the Wall Street Journal said

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Morgan Stanley probed by US authorities: report

US federal investigators are probing whether Morgan Stanley misled investors about mortgage derivative products it helped create and sometimes bet against, the Wall Street Journal said. Morgan Stanley chief executive James Gorman told medi

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