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Facebook Files IPO

Wednesday, 1 Feb 2012 | 7:26 PM ET

CNBC's Bertha Coombs and Jon Fortt, report Facebook has filed papers with the SEC for a Q2 IPO. Also, Defense Secretary, Leon Panetta announced today, the U.S. will shift it's strategy in Afghanistan; at lease 70 people were killed at a soccer match turned violent in Egypt; and American Airlines is looking to cut 13,000 jobs.