Facebook is looking at finally going public in the second quarter of 2012 — sometime between April and June, according to a Wall Street Journal report citing “people familiar with the matter.”
Nothing’s final yet and the report said dates for the $10 billion offering are still being discussed internally, which suggests the disclosure is some kind of trial balloon.
The story could also be a bit of a diversion. It comes just after a report that the European Union is planning to crack down on sophisticated targeted advertising systems such as Facebook’s. According to The Telegraph, an EU directive coming in January “will ban such targeted advertising unless users specifically allow it.”