* If the flurry of recent reports prove correct, Facebook could file for an IPO later today, seeking to raise up to $5 billion. (CNNMoney)

* Amazon (AMZN) announced its latest earnings and while revenues climbed 35% to nearly $17.4 billion, the figure was at least a billion dollars less than what analysts were expecting. (The New York Times)

* Sony (SNE) officially has a new CEO and President in Kazuo Hirai. Previously, Hirai served as the company’s Executive Deputy President. Meanwhile outgoing CEO Howard Stringer will become Chairman of Sony’s Board of Directors. (Engadget)

* Facebook isn’t the only IPO on the block. Colleague Michal Lev-Ram lists three noteworthy tech companies also planning large offerings in the near future. (Fortune)

* YouTube is considering the possibility of eventually launching content subscriptions. The tidbit comes as the popular video site invests in more than 100 channels of original programming. (GigaOm)

* Sweden’s Supreme Court denied the appeal from the co-founders of the file-sharing site The Pirate Bay, meaning the prison sentences and fines originally ordered up by the Court of Appeals stand. (TorrentFreak)

* Twitter co-founder and product lead Jack Dorsey says that the social network’s recent decision to block individual Tweets on a country-by-country basis actually means that Twitter will “censor less.” (TechCrunch)

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