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With so many investors becoming fans of the company, Facebook will be legally required to begin sharing more information about its finances and strategy by April 2012, according to documents distributed to prospective shareholders....

Investors rallied to push shares of newly public Chinese video site Youku up 160% from the offering price –and minted a new billionaire in the process. Youku founder and Chief Executive Victor Koo owns 34.8% of the company, according to a prospectus filed with the SEC. That means his share of the company –which TechCrunch pointed out now has a $3.3 billion market cap (greater than that of AOL) – is worth $1.1 billion. Koo joins the growing herd of Chinese tech billionaires, the best known of which is Baidu’s Robin Li the second richest man in China, according to Forbes.

The GM IPO could wind up as the largest in history. Earlier this week, GM raised the high end of its initial price range from $29 to $33 and increased the number of shares it was offering from 365 million to 478 million common shares because investor demand was so high. Counting preferred stock issued by the company, the deal's value could top $23 billion.

Investor demand for General Motors stock has been so strong that the company will expand its initial public offering by 31 percent, to 478 million common shares, a person briefed on the sale said Tuesday.

General Motors says it made $2 billion in the third quarter, a strong showing that helps the company's pitch to investors who may buy stock in an initial public offering.

General Motors on Wednesday finalized terms for a stock offering of about $13 billion to repay a controversial taxpayer-funded bailout and reduce the Treasury to a minority shareholder.

ChinaCache International Holdings, a provider of Internet content, soared 95% on its Nasdaq trading.

The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.

American International Group's application to list its main pan-Asian life insurer contained a record 11 bookrunners, people familiar with the matter said, a further sign that the company is determined to raise as much money as possible.

American International Group has reportedly scrapped plans to sell a strategic stake in its American International Assurance unit, according to Reuters.