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Facebook Readies IPO Filing

By Jacob Bunge Direct Edge is exploring a sale or initial public offering as the electronic exchange company looks to grow amid tough market conditions and intense competition facing US stock market operators. A sale could draw interest from overseas

The Wall Street Journal's golden box of anonymous sources has rattled once more, this time with news that Facebook is finally going public. Now that's cooler than a million dollars.

The long-awaited tech IPO of the year — perhaps of the decade — is on. Facebook will file its paperwork for an IPO on Wednesday.

By msnbc.com staff and wire Facebook is poised to file papers for its public stock offering as early as Wednesday, CNBC reported Friday. The highly anticipated IPO will value the world's largest social networking site at

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