Yahoo has announced that it will sell half of its Alibaba stake back to the Chinese e-commerce giant. The company will sell half of its 40% stake on a valuation of approximately $35 billion. Yahoo stated that the payment would be least $6.3 billion in cash, with around $800 million in freshly issued Alibaba stock. The deal also stipulates that when an initial IPO is made for Alibaba in the future, the company will be required to repurchase a quarter of Yahoo's current stake, or allow Yahoo to sell those shares in the IPO.

Mark Zuckerberg has told investors that transforming the social networking portal's mobile and advertising experience are top priorities in 2012. Integrating online apps more strongly into Facebook is also a major goal, he told hundreds of investors at an event that concluded the first week of Facebook's cross-country road-show to promote its highly anticipated IPO. Zuckerberg said Facebook's overall advertising business was gaining steam, with increased spending by most of advertisers. 

Facebook has announced on Thursday that its initial public offering price range will be priced between $28 and $35 a share, bringing the value of the company to $77 billion to $96 billion, and granting the world's largest social network a market value close to Amazon.com's, according to Reuters. 

Facebook's recent acquisition spree could delay the social network's highly anticipated Wall Street debut. Though Facebook's IPO date hasn't even been made official, the social media giant has reportedly been shooting for an IPO sometime in May. But with the recent acquisitions, Facebook executives haven't been able to focus on their IPO plans. As a result, the company will likely delay its IPO until early or mid-June.

Facebook is looking to go public on May 17th. According to TechChrunch, Facebook is hoping the Securities and Exchange Commission approve all their paperwork, including those concerning the company's recent acquisition of Instagram. However, Federal regulators might want more time to look at the paperwork, which could push the IPO date back. Facebook will reportedly be valued at around $100 billion. 

According to the latest reports, Facebook has picked the technology-heavy NASDAQ exchange for its much-anticipated stock market debut expected next month. Facebook will trade under the symbol 'FB' in a record-setting IPO. Facebook filed to go public in February, and could raise as much as $10 billion in the largest flotation ever by an Internet company. 

Research firm eMarketer has predicted that Facebook's revenue will grow 64% to $6.1 billion in 2012, thanks to advertising profits. Facebook made nearly all of its $3.7 billion revenue last year from advertising. The company's upcoming IPO may value the company at  $100 billion, making it the biggest ever initial public offering for an internet company. "You have to wonder if Facebook is going to turn on the revenue engines and fulfil the expectations of the investor community, which is putting such a high valuation on the company," eMarketer analyst Debra Williamson said. 

Facebook’s IPO filing has diverted attention to its lack of mobile advertising, despite the social network boasting a mobile audience of 425 million, which is almost half its total user base. Facebook will now scramble to launch its mobile ad business before going public this spring, while Twitter could find itself in a similar situation if it decides to go public a year from now.