Facebook plans to go public this week with a multi - billion dollar Initial Public Offering ( IPO ) The social network 's 800 million followers are the ones being sold , says Mr . Stout : Journalists have been flocking to Facebook to create content and connections on a platform that the company can use for all time . Facebook has become a social network for engagement and not journalism . ` ` My fans are more interested in a photo of me posing with a light saber on Star Wars Day ''
Facebook plans to go public this week with a multi - billion dollar Initial Public Offering ( IPO ) The social network 's 800 million followers are the ones being sold , says Mr . Stout : Facebook has become a social network for engagement and not journalism . ` ` My fans are more interested in a photo of me posing with a light saber on Star Wars Day ''