Detailed Instructions: In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.
Q: Nasdaq has scored Facebook's shares, according to people familiar with the matter, winning what has been seen as the most-coveted listing among a new guard of Web businesses. Steven Russolillo has details on The News Hub. Photo: Mike Segar/Reuters 
  
 Facebook Inc. is going to be ringing the Nasdaq Stock Market's bell. 
  
 Nasdaq OMX Group Inc. scored the planned stock-market listing of the social-media company, according to people familiar with the matter. The win gives Nasdaq one of the most-coveted deals among the new crop of Internet companies and a leg up in the race for technology IPOs. 
  
 Securing Facebook's listing burnishes Nasdaq's reputation in the high-tech arena. The exchange is home to firms such as Apple Inc. and Google Inc. Shares in Menlo Park, Calif.-based Facebook will trade under the symbol FB, previous filings said. 
  
 Nasdaq and NYSE Euronext's New York Stock Exchange compete fiercely over listings, and last year the intensity accelerated amid the wave of Internet IPOs from the likes of LinkedIn Inc. and Groupon Inc. 
  
 "This is a strong, substantial win for Nasdaq, and no doubt a momentum builder for future listings," said Richard Repetto, an analyst at Sandler O'Neill & Partners. 
  
 Facebook's offering, which could raise $10 billion, is set to be the biggest U.S. Internet IPO since Google's in 2004. Facebook is preparing its IPO for May, according to people familiar with the matter. 
  
 Nasdaq had an edge from early on in the process, a person familiar with the matter said, and its IPO package was considered substantial and flexible. Deal promotion was a secondary concern for the company, this person said. Facebook is well-known enough that the deal was considered able to sell itself. More important was the group of companies Facebook would list alongside, like Apple, Google and Microsoft Corp., this person said. 
  
 Enlarge Image Close Xinhua/Zuma Press (left), Agence France-Presse/Getty Images (right) Facebook CEO Mark Zuckerberg, left, and Nasdaq CEO Robert Greifeld 
  
 "Winning Google further emboldened Nasdaq's reputation as being the exchange of choice for the technology companies," said Jay Frankl, senior managing director at FTI Consulting. "The Facebook listing I've seen as being similar to the Google listing, which had a similar competition between the exchanges, and a similar win for Nasdaq, and a tremendously successful IPO for both," Mr. Frankl said. 
  
 NYSE made gains last year in technology listings, netting LinkedIn, Pandora Media Inc. and Chinese social-networking site Renren Inc. Analysts said winning Facebook would have helped swing the pendulum in the Big Board operator's favor in terms of recruiting future listings and potential transfers. 
  
 NYSE and Nasdaq have long fought over Silicon Valley listings, though Nasdaq had a head start in the nation's tech capital after opening a Silicon Valley office more than 20 years ago. In 2010, Nasdaq marked its 20th anniversary in Silicon Valley with a bell-ringing ceremony at San Jose City Hall with Nasdaq CEO Robert Greifeld. "We call Silicon Valley Nasdaq country," Bruce Aust, a Nasdaq executive vice president who heads listings, said in an interview that year. 
  
 In recent months, Mr. Aust has been a frequent presence in Silicon Valley in a bid to win the listings of companies such as Facebook and Zynga Inc., at times flying out from New York almost monthly. Meanwhile, the NYSE has increased the size of its capital-markets team in Silicon Valley over the past few years. Both Nasdaq and NYSE frequently hold IPO "boot camps" for up-and-coming companies in Silicon Valley. 
  
 Last year was a big year for social-media IPOs, with companies from Angie's List Inc. to Zynga launching publicly. In 2012, the host of social-media flotations could include GlamMedia, Kayak Software and LivingSocial. 
  
 Companies pay annual fees to list their stock, and exchanges also garner listings-related income from the sale of market data and ancillary services offered to their listed companies. A company can pay as much as $500,000 annually for an NYSE listing fee, while all Nasdaq fees are capped at about $100,000. 
  
 When deciding on which exchange to list, companies often look at the costs as well as the promotional efforts that will help increase visibility. That includes events like the NYSE's or Nasdaq's bell-ringing ceremonies. Exchanges also offer other services for needs such as investor relations. 
  
 Last year, listings and issuer services brought in about $372 million for Nasdaq OMX, accounting for about 22% of the company's revenue. 
  
 While the Facebook win will grab headlines for Nasdaq, the NYSE continues to lead in the number and value of company debuts. 
  
 This year, the NYSE has launched 24 corporate IPOs that together have raised $4.9 billion, according to Dealogic. The Nasdaq has been home to 16 offerings totaling $1.3 billion. 
  
 The NYSE led last year, as well, with deals raising $28 billion, while Nasdaq's corporate IPOs brought in $9.3 billion. 
  
 The expected $10 billion that Facebook plans to raise in the IPO could value the social network at as much as $100 billion. Google's 2004 offering raised $1.9 billion, giving the company a valuation of $23 billion. 
  
 Associated Press Facebook CEO Mark Zuckerberg 
  
 Among U.S. companies, only Visa Inc., General Motors Co. and AT&T Wireless have held offerings larger than $10 billion. 
  
 Reports of the Facebook listing boosted Nasdaq's shares, which closed up 30 cents, or 1.2%, to $25.52 on Thursday. NYSE Euronext, meanwhile, fell 36 cents, or 1.3%, 28.31. Facebook's decision regarding Nasdaq was earlier reported by CNBC and the New York Times. 
  
 —Pui-Wing Tam, Alexandra Scaggs and Kaitlyn Kiernan contributed to this article. 
  
 Write to Jacob Bunge at jacob.bunge@dowjones.com and Steven Russolillo at steven.russolillo@dowjones.com ||||| Pool photo by Yuriko Nakao 
  
 Facebook, which is preparing for its highly anticipated initial public offering, has picked a home. 
  
 The social network will list its shares under the ticker symbol FB on Nasdaq, according to people with knowledge of the matter, who requested anonymity because the discussions were private. 
  
 It is a significant coup for the exchange, which has been embroiled in a battle with the New York Stock Exchange for the darlings of Silicon Valley. While big technology companies, like Apple and Google, have traditionally flocked to Nasdaq, the New York Exchange has aggressively courted the new crop of Internet companies over the last year, grabbing notable offerings like LinkedIn and Pandora Media. 
  
 “It’s a high-profile win for their listings business,” said Michael Adams, an analyst Sandler O’Neill. “In terms of earnings, the impact won’t be dramatic, but it’s something to be proud of.” 
  
 Shares of the Nasdaq OMX Group rose 1 percent on Thursday, to close at $25.52. Shares of NYSE Euronext fell about the same to close at $28.31. 
  
 For Nasdaq, Facebook is not just any listing. 
  
 With more than 800 million users and $3.7 billion in revenue, Facebook has come to dominate the social media industry. The company is widely expected to go public next month and is on track to be the largest offering since Google’s debut in 2004. The I.P.O. could value the sprawling social network as high as $100 billion, people familiar with the matter have said, putting it on par with some of the world’s largest corporations, like McDonald’s and Citigroup. 
  
 Based on a possible offering of $5 billion or more, the Facebook listing will be the largest in Nasdaq’s history, according to data from S.& P. Capital IQ. 
  
 In picking Nasdaq, Facebook had to weigh the differences between the exchanges. Nasdaq is a fully electronic marketplace, while the New York Exchange offers a hybrid model, with a floor-based marketplace and an electronic one. The exchange is widely considered a more global brand, compared with Nasdaq. But its pricing structure is more expensive than Nasdaq’s. 
  
 Several years ago, Nasdaq was the undisputed leader for technology I.P.O.’s. But its lead has since eroded, amid increasing competition from the exchange, which has spent considerable energy courting the new class of high-flying Internet companies. 
  
 Beyond winning LinkedIn, the professional social network, the exchange lured Yelp, the popular reviews site, Renren and Freescale Semiconductor. The exchanges are currently locked in a dead heat for new offerings, with both recording $4.4 billion in I.P.O. volume for the last 12 months, according to data from S.& P. Capital IQ. 
  
 Amid a strengthening market for new offerings, Facebook is entering the home stretch of its I.P.O. process. In the last few weeks, the company has curbed trading on secondary exchanges, where its private shares are traded, and pushed ahead on regulatory disclosures. 
  
 This week, for instance, the Federal Trade Commission agreed to expedite the approval of a filing for Mark Zuckerberg, the chief executive and founder of Facebook. 
  
  
  
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A:
Nasdaq has scored a major coup in the world of stock exchanges: It's getting Facebook, report the Wall Street Journal and New York Times. The company will list under the ticker symbol FB on the tech-heavy exchange after its initial public offering, expected next month. Nasdaq already has the likes of Apple and Google on its roster, and the arrival of Facebook cements its reputation as the high-tech home for stocks. The New York Stock Exchange had been vying for the company, too.