News that Sina has hired Goldman Sachs and Credit Suisse to help spin off its Twitter-like Weibo service means it is the latest communications tool – after the acquisitions of chat apps WhatsApp and Viber – that investors will be asked put a value on.
Details about the potential New York IPO remain scant, other than that it could value Weibo at more than $5bn. The FT’s Lex has posed some probing questions about the floatation (i.e. Why?) but here are a few more. Read more
CES this year has been a sprawling, lively affair with errant film directors on stage, bendy TVs and more drones than you can shake a stick at, but one clear theme has emerged: a lot of tech companies are betting that in the near future, everything will be connected to the internet, all the time.
What might such a future look like? If IBM has its way these ‘connected devices’ – be it pieces of clothing, appliances or cars – would be able to respond in smarter and more natural ways. Then again, your appliance will probably just spend all day trash-talking you. Read more
Enough of lofty keynote speeches and the distant projections of $19tn market opportunities. CES has finally, officially, started – so let’s get to the prototypes and devices in the here and now already. Read more
Monday was all about the big technology companies planting their flags in the areas believed to have a mainstream impact in 2014 – but it was telling that their choices of which segment to claim leadership in was rather varied: Read more
The annual extravaganza for gadget geeks doesn’t officially begin until tomorrow but there is already plenty happening. The FT’s Hannah Kuchler, Tim Bradshaw, Paul Taylor and Matthew Garrahan are in Las Vegas to cover the show, which Hannah says is marked this year by the presence of companies from outside the traditional consumer electronics industry, from healthcare to cars.
But even as technology becomes more integral to products across the board, the market for technology products in 2014 will likely decline, according to forecasts released by the show’s organiser, the Consumer Electronics Association. Read more
Who says the PC is dead? Lenovo’s notebook sales rose 8 per cent year-on-year in the three months to September, a period when global industry shipments fell by 12 per cent.
Fiscal second quarter results on Thursday showed clearly that the Chinese company is not just the world’s biggest PC maker, it is also the only one that has its act together: Acer this week lost its second chief executive in three years, HP still has at least three years to go in its turnaround plan, and Dell has retreated from the public markets to nurse its wounds. Read more