PrivCo, a New York firm that tracks private companies, is reporting that Facebook plans to price its stock at $38 to $40 per share and is expected to choose the New York Stock Exchange rather than the tech-heavy Nasdaq stock market. Facebook’s ticker symbol is expected to be “FB,” according to PrivCo, which cites its own private sources. The PrivCo report also confirms details first reported by the Wall Street…

Any day now, perhaps as early as Wednesday, Facebook will announce it is going public. The firm is looking to raise $10bn selling shares in an initial public offering (IPO) that will value the firm at somewhere between $75bn-$100bn, according to reports. Not bad for a seven-year-old firm that has only recently started making money and apparently made $1bn last year. It will be the biggest tech IPO since Google,…

With the filing for its initial public offering expected any day now, Facebook Inc. is extending its lead in online display advertising, which makes up the bulk of its revenue. The social networking giant’s share of the U.S. online display advertising market grew to nearly 28% for 2011, up from 21% a year earlier, according to research firm ComScore Inc. Facebook has stayed ahead of Yahoo Inc., which has 11%…