Gideon Yu leaves Facebook

    Social networking service Facebook has revealed that their finance division head Gideon Yu is now leaving the company.

    Sources say that the company is now looking for a replacement with experience with public company functioning.

    This could be a possible hint on Facebook considering an IPO in the coming future.

    Facebook has however said in the past that they are not yet prepared to go public.

    Yu had become the CFO of Facebook in 2007.

    He had previously worked in Yahoo and YouTube.

    Facebook is growing at a phenomenal pace but has struggled to generate revenues for the owners.

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