Facebook raises share price to give $100bn valuation

Facebook's upped the price for its shares from $28-$35 to $34-$38, potentially valuing the company at above the magic $100 billion mark.

Facebook IPO valuation falls short of $100 billion - for now

Facebook's valuation for its forthcoming IPO will be about $90 billion, rather than the rumored $100 billion - but it'll still be the biggest-ever internet company IPO, raising around $10 or $11 billion.