Twitter took advantage of the new Jobs Act to file the drafts of its initial public offering document in secret, denying journalists and investors the chance to watch its rough and tumble with the SEC.
But when the registration document was published on Thursday, the SEC also revealed the draft filings Twitter had made since it filed in private way back in July. There’s no big secret hiding here but a few interesting changes that give an indication of what Twitter may have been talking to the SEC about – although of course, they could have just decided to change it themselves. Read more
Sunday night’s US finale of Emmy award-winning TV series Breaking Bad sent viewers flocking to their laptops to hear a song played on the programme, boosting downloads of the 1970s British rock band Badfinger’s hit “Baby Blue” by almost 3000 per cent this week. In the last hours of Sunday night, the track was bought 5,300 times, compared to 200 the week before.
As TV viewers got ready to wean themselves off their addiction to the Crystal Meth fest, they found comfort in being able to instantly hear the song featured on the show, as well as other Badfinger songs. Sales of those tunes increased their sales by up to 260 per cent.
But according to the data from research firm Nielsen, the real story is in the streaming. Read more
Step into the San Francisco offices of Climate Corporation, and the first thing you see is a giant suspended globe. It is a dramatic representation of the power of big data: cloud formations move across it in real time, attesting to the level of detail with which the company captures and models weather information.
Now, with Climate Corp’s sale to Monsanto for an up-front payment of $930m (with more cash set aside for staff retention), the big data business has its first significant acquisition, and an important vindication for those who argue that data analytics is becoming a competitive differentiator. Read more
Ladies and gentleman, the moment you have all been waiting for is fast-approaching: Twitter is due to file the small print on its initial public offering, a bulky S-1 registration statement that will allow investors a peek into the messaging platform’s business.
Here is the Financial Times “Ctrl-F” guide to getting the news fast (Alternatively, please tune in to FT.com when it happens, where we’ll do the heavy lifting for you): Read more
First, for Google’s opponents, let’s look on the bright side.
The company’s tentative deal with European regulators in April to head off a formal anti-trust complaint was, according to critics, worse than useless. In the words of Silicon Valley lawyer Gary Reback: “They were Nowheresville”.
Tuesday’s revised deal at least fixes the most glaring flaws. Whether it will do anything meaningful to change the competitive situation is another matter. Read more
Environmentally conscious or just clumsy people buying a smartphone are better off with a new Samsung or Motorola than with one of the new iPhones.
A new ranking from iFixit, a group that specialises in tearing apart phones to figure out to repair them, looks how easy it is to fix the top smartphones on the market. Read more
The digital age should have killed off those familiar little yellow square notes covered in near-illegible handwriting, stuck on your desk as a reminder of something you should have done long ago.
The Post-It, originally created by 3M as a use for a low tack glue the company discovered, should have been replaced by the buzzing smartphone alerts, shared electronic calendars and cloud storage services which
rule organise our lives today.
But Evernote, the cloud company which aspires to act as a “second brain” storing the thoughts of its 75m users, is resuscitating the aide memoire by signing a deal to give “new digital life” to the tired old Post-It. Read more
If you’re wondering why Jack Dorsey’s payments company Square hasn’t launched in Europe, here’s one possible answer. The market is just too competitive.
Already several European companies do what Square does – allowing small businesses to process card payments without a monthly contract. They are now engaging in a price war, ripping up the 2.75 per cent transaction fee that Square made standard. Read more
Ever since Apple launched the iPhone 5S with a fingerprint scanner, hackers have been trying to embarrass the company by circumventing it. Now a German group says it has succeeded – by making a copy of person’s fingerprint and using it to unlock the handset.
This trick is less ludicrous than the idea that thieves might chop off people’s fingers to unlock their iPhones (a new definition of computer hacking). But is it a serious blow to Apple’s foray into biometrics?
The Chaos Computer Club posted a video in which a person’s fingerprint on a glass surface is photographed, then printed out onto a thin film used to make a fake finger, which can unlock the phone. Read more