Category Archives: Other

Twitter plans to raise up to $1.4bn via its share sale

Twitter has unveiled the price range for its shares when the company lists on the stock exchange.

In a filing on Thursday, Twitter said it planned to sell 70 million shares priced between $17 and $20 (£10 – £12) to raise up to $1.4bn (£865m).

The offering represents 13% of Twitter and values it at as much as $11bn.

Analysts said the valuation, which was less than forecast, indicated the firm wanted to avoid the dip in prices that followed Facebook’s listing.

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Windows 8.1 update glitch stops RT starting up

The latest Windows update is causing problems for owners of Microsoft’s Surface RT gadgets.

The Windows 8.1 update has reportedly meant some of the touchscreen devices will not start up properly.

Microsoft has removed the update from its website while it looks into what has caused the problems.

At the same time, many people are reporting that the 8.1 update for Internet Explorer does not work well with Outlook and some Google services.

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Google to offer free Wi-Fi at Starbucks in US

Google on Wednesday said it has been signed on to provide free high-speed wireless internet service at all Starbucks cafes in the United States.
Google will roll out Wi-Fi service to the coffee giant’s 7,000 US cafes during the coming 18 months, replacing telecom titan AT&T as internet provider.

“When your local Starbucks Wi-Fi network goes Google, you’ll be able to surf the web at speeds up to 10x faster than before,” Google Access general manager Kevin Lo said in a blog post.

“If you’re in a Google Fiber city, we’re hoping to get you a connection that’s up to 100x faster.”

Google in April announced that the Utah city of Provo will be the third US city to get its experimental high-speed Fiber Internet service that promises to move data at a gigabyte-per-second.

The Google Internet service is spreading to Austin, the Texas home of a South By Southwest festival beloved by technology trendsetters, after a successful pilot programme in Kansas City.

Google has established a pattern of providing a low-speed version of Google Fiber free to residents, who pay one-time installation fees, and then offering options such as high-speed internet and online television for monthly subscription rates.

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