Twitter's latest IPO filings show that it's shares will be offered at between around £10 - £12 ($17 - $20) which values the company at around £6.8billion ($11billion). There's no doubt that this IPO will be watched carefully by those in both the technology and banking industries, especially following Facebook's bad IPO in May 2012.
Round-up of Apple Announcements
On Tuesday this week Apple made a series of product updates and new announcements at their event in San Francisco. Here's a quick roundup of the important things they announced. 1. Mac Pro
We already knew most of the technical details of Apple's new Mac Pro desktop but what we didn't know was the price or a time-frame for release. We got these answers on Tuesday. The revolutionary new desktop will be available in December and will start at £2,500 for a 3.7GHz Quad-Core with 12GB RAM. The standard 6-Core is priced at £3,299.
2. iPad Mini Retina
This is the one that a lot of people have been waiting for. From the
moment the first iPad Mini was announced this time last year everybody has been waiting for it to be fitted with a Retina display. The new iPad Mini is coming towards the end of November and is priced from £319 up to £659 for a 128GB with Wi-Fi and Cellular. The iPad Mini with Retina Display also features Apple's new A7 and M7 chips which give massively improved speed and graphics.
3. OS X Mavericks
This one got a great round of applause from the audience and all of those watching online. Apple announced that their new desktop operating system - OS X
Mavericks - would be available completely free to all Mac users no matter what version they're currently on. They also had a massive dig at Microsoft who are charging around $100 for their latest operating system. OS X Mavericks comes with a range of updates including much better multiple display support, iBooks, Maps and a lot more.
4. iLife and iWork Updates
Again, this is something that we knew a little bit abou
t from Apple's developer event (WWDC) back in June this year. We did learn though that all of iWork and iLife apps have been refreshed with new graphics and UIs. We also saw a little bit more of iWork for iCloud which is Apple's answer to the fantastic Google Docs. It was also announced that all of these apps would be available for free with all new Macs and iOS devices - saving you a small fortune.
5. iPad Air
This was primarily an iPad event and so of course the regular iPad had to have an update. Not only did itget updated hardware but it got a new name - iPad Air. As I'm sure you guessed it's lighter, thinner and faster than the previous version, mostly thanks to the new A7 chip. There's a also a smaller bezel - 40% smaller in fact - around the screen, which makes a huge difference when compared to older version of the iPad.
What did you like or not like from Apple's announcements? Leave your comments below.
iPad Event set for 22nd October-314
On Tuesday this week Apple sent out invitations to the media for an event on 22nd October in San Francisco. It's highly likely that a new iPad and iPad Mini will be launched along with a possible announcement on OS X Maverics, and who knows what else.
As the wording on the invitations suggest there'll also be an update to the iPad's smart cover too - perhaps an integrated keyboard or something much more innovative and interesting.
Windows 8.1 Launches
Earlier this week Microsoft released a feature-rich update to their latest desktop (and tablet) operating system - Windows 8.1. It's available now to all Windows 8 users from the 'Store' app. Some of the improved features include greater SkyDrive integration, much better search, and there's now a native Facebook App.
Blackberry bought for £3 billion
It was announced on Monday that the mobile phone manufacturer, Blackberry, will be purchased by Fairfax Financial Holdings for $4.7 billion (~£3 billion). Fairfax Financial will be paying $9 (£5.60) per share.
The acquisition comes following news that Blackberry is expected to make a $1 billion (£620,000) loss in Q2 of this year. Blackberry have also announced that over 4,000 staff, around 40% of their workforce, will be laid off. What's more they also had to sell their private jets.
Shares in Blackberry were frozen yesterday at $8.23 (£5.13) after the news of their operating loss.
This leaves the billion dollar question - what's next for Blackberry?