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The California Report

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Facebook IPO Reminiscent of 'Google Effect'
Wednesday's filing for an initial public offering by social media giant Facebook means investors will be able to snap up shares as soon as the end of April. But of particular interest for state leaders is the profit that stock will bring -- remembering the boomlet caused by Google's IPO profits six years ago.

State Looks to E-Textbooks to Save Students Money
The escalating cost of college textbooks is once again a hot topic in California. A state legislative audit committee is investigating textbook prices, and state Senate leader Darrell Steinberg is about to introduce bills that would set up an experimental digital textbook library.

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