Facebook -IPO Delay -2012

 Facebook plans to go public at the end of 2012,
 a later public debut than it originally planned,
 the newspaper said, citing people familiar
  with the company.

The newspaper reported that chief executive Mark Zuckerberg wants to delay an IPO until September or later in 2012 so employees can stay "focused on product developments rather than a pay-out." The decision was not related to market conditions, the paper said.