We reported earlier today that Facebook will increase its share volumes by 25% and this is what happened now, the social giant has filed its eight amendments. The social giant increased its initial public offering range from $28-$35 to $34-$38 per share, and offered 50.6 million more shares Here is what eight amendments say: Facebook, Inc. is offering 180,000,000 shares of its Class A common stock and the selling stockholders are offering 241,233,615 shares of Class A common stock. We will not receive any proceeds from the sale of shares...
With Windows 8 Release Preview have to debut next month, Microsoft has started to update a range of its core Window 8 communications applications. The updates include UI improvements, new features, and drop the “app preview” banner from the top of the application. The updated applications will be released alongside the Windows 8 Release Preview in early...
With Apple plans of cutting production of current iPhones in order to give its upcoming iPhone 5 a breathe, The Wall Street Journal is reporting that Apple has placed orders for new iPhone displays, measuring 4-inches diagonally. Production for iPhone 5 will starts from next month, with what according to WSJ indentifying LG Display, Sharp, and Japan Display Inc....
LG has introduced a new User Interface (UI) for its newest Android Ice Cream Sandwich devices dubbed as Optimus UI 3.0. Optimus UI 3.0 brings with it an array of enhanced key features, including Quick Memo and unique unlock functions, among other new features and functions aimed at improving LG smartphone experience. “With smartphone hardware becoming more and...
We just reported that China’s Sina first quarter result was with a $106.2 million, which was up by 6% on year-on-year basis. Adding more glitter to the announcement Sina has announced that it has crossed 300 million registered users mark in the last quarter. iOS together make up more than one third of mobile usage, while the iPhone accounts for 28%, Android 27% and WAP 25%. In terms of active point of view, from the user, at 8:00 in the morning, a large number of users login through the mobile terminal to Sina microblogging, and lasted...
Sina Tech, an online media company serving China and the global Chinese communities, has announced its unaudited financial results for the first quarter ended March 31, 2012. The net revenues increased 6% year over year to $106.2 million. Non-GAAP net revenues increased 6% year over year to $101.5 million, within the Company’s guidance of between $101.0 million...
A new report from Gartner – via Reuters – revealed that global sales of mobile phone shrank by 2 percent in quarter first blaming the slower demand in the Asia-Pacific region, the first year-on-year fall since 2009. The research firm states that the slow start made it cautious for the rest of the year. Analyst Anshul Gupta said in a statement: “The first...
So far, we just only know that Apple’s next instalment of iPhone – the iPhone 5 will released near by the month of October, but what as a part of proper strategy Apple is cutting back on the production of the current iPhones as it will results in giving an edge to yet-to-come iPhone 5, CNET reports. The production percentage reduced by 20 percent to 25 percent on a quarter-over-quarter basis, according to supplier checks by Sterne Agee analyst Shaw Wu. “We believe this will enable Apple to be better equipped to meet strong demand...
