ExtremeTech: Facebook has filed for its initial public offering (IPO), and assuming the Securities and Exchange Commission (SEC) approve it, Facebook will emerge on the public stock market in a couple of months, create up to $10 billion of capital, and make multi-millionaires out of its stock-holding employees. To start the IPO ball rolling, Facebook had to submit an S-1 form to the SEC. The S-1 is a public document and contains much of the information that a potential investor needs to know, from the total revenue ($3.7 billion) and profits ($1 billion), to the number of monthly users (845 million), and more. The most interesting section of the S-1 is usually the Risk Factors, however — and in the case of Facebook, it’s surprising just how many risks Zuckerberg and co have identified.
Facebook has to implement new rules for Facebook Live because people are literally the worst. Now, if you break the rules you'll receive a ban.