Detailed text transcripts for TV channel - KGO - 20120517:10:36:00
And facebook is ready to go public on the stock market tomorrow. and the company's value could top 100 billion bucks. despite all that wall street buzz, facebook is losing some pretty big advertisers. more on this from abc's t.j. winick. >> reporter: just days before facebook plans to file its initial public offering, general motors has announced it's pulling out of the social media giant. that will cost the company about $10 million a year in advertising. >> gm says it's just not been effective for them. they're not going to be doing ads on facebook. we heard bloomberg give a call to the othe...