Detailed text transcripts for TV channel - KGO - 20120518:10:07:00
Facebook co-founder saverin never sets foot in the u.s. again. the brazil-born saverin recently renounced his american citizenship just to avoid paying millions in taxes when facebook's stock goes public later today. with more on this, here's sunlen miller. >> reporter: this is quite the status update. >> pay your taxes in full or don't ever try to visit the u.s. again. >> reporter: that message was sent to eduardo saverin, the young co-founder of facebook. saverin has given up his u.s. citizenship and has now become a permanent resident of singapore. the move was immediately met with pushback...