Facebook reportedly preparing for IPO in early 2012

The world's largest Internet social network and number two Web site after Google, is preparing for an initial public stock offering next year, according to a The Wall Street Journal.

According to a source familiar with the matter, who spoke to the WSJ, Facebook is exploring raising US $10 billion.

The social network, which claims more than 800 million members after seven years of explosive growth, has not selected bankers ... BNN