In just 24 hours, Facebook's f8 developer conference kicks off in San Francisco. This is the company's fourth developer conference and the potential announcements have Silicon Valley buzzing.
Ahead of Facebook's F8 conference, CNBC's Jon Fortt spoke to Daniel Ek about the digital music service's launch in the U.S. and how critical social media is to the platform.
The social networking giant Facebook will likely go public in the first quarter of 2012, with a valuation that could top $100 billion, according to people familiar with the matter.