DHAKA: Twitter has raised the price range for its initial public offering of shares, following strong demand from investors.The company will now sell stock for USD 23-25 per share, up from an earlier indicated range of USD 17-20, according to an amended prospectus filed with the SEC.The

DHAKA: In a bid to strengthen its footprint in the African market, Bharti Airtel on Tuesday said it has entered into a definitive agreement with the Warid Group to acquire its Congo operations.The acquisition will make Airtel the largest mobile operator in the Republic of Congo with

Samsung has extended a patent license agreement between Nokia and Samsung for five years. The agreement would have expired at the end of 2013. Under the terms of the extended agreement, Samsung will pay additional compensation to Nokia for the period commencing from 1 January 2014

DHAKA: The story of Twitter’s creation is a murky tale complete with betrayed trusts and duelling claims for credit.Local lore, backed by Jack Dorsey, has it that he proposed the idea to fellow Twitter co-founders at a playground in San Francisco.But journalist Nick Bilton, author of

DHAKA: Indian tax authorities have asked IBM’s Indian unit to pay 53.57 billion rupees in outstanding income tax on fiscal 2009 revenue.Media reported on Saturday, says The Straits Times.In an emailed statement, an IBM India spokeswoman confirmed the company had received a tax notice,

DHAKA: Google has officially unveiled the latest incarnation of its flagship Nexus smartphone.Made by LG, the handset is smaller, slimmer and lighter than the Nexus 4 but its 4.96in (126mm) touchscreen is bigger.The Nexus 5 has been developed to show off the capabilities of the new

DHAKA: Computer-maker Lenovo has hired tech-savvy actor Ashton Kutcher to help design and pitch its latest line of tablets, dubbing the Hollywood star a ‘product engineer’ who can bring his ideas along with his image.It’s the latest tech foray for the ‘Two And A Half Men’

DHAKA: Social networking giant Facebook reported a 60% surge in revenue, to $2.02bn, in the third quarter, generating profits of $425m.Revenue from advertising grew by 66% to $1.8bn, with nearly half of that coming from mobile ads.‘The strong results we achieved this quarter show that

DHAKA: The Silicon Valley home where Apple co-founder Steve Jobs grew up and built some of his first computers is now on the city’s list of historic properties.The historical commission in the city of Los Altos voted unanimously for the historic designation on Monday night, the Palo

DHAKA: Lenovo launched its first multi mode tablet called the ‘Yoga Tablet’ globally on Wednesday morning.The Yoga can be used in three different modes, reports The Straits Times.The tablet has a cylindrical handle which makes it easier to grip when in portrait mode. Behind the

DHAKA: Twitter was born in 2006 as a stream of SMS text messages. Before going public in 2013, it’s now revelling in images.The company tweaked its design Tuesday to favour image- and video-sharing by showing visual media directly within the Twitter timeline, The Straits Times publishes

DHAKA: Samsung extended its lead over Apple in the global smartphone market in the third quarter as Chinese manufacturers also made inroads.A survey showed on Tuesday, The Straits Times publishes this report on Wednesday.The worldwide smartphone market saw record sales in the quarter,

DHAKA: Samsung and LG say their curved TVs will get bigger and sport the sharpness four times the regular HD television sets.The world’s two largest TV makers said separately on Thursday they will announce ultra-HD TVs with curved screens that measure 105 inches diagonally, reports The

DHAKA: Operating profit at Nokia’s telecoms solutions and networks, its main business once its phones division is sold, fell 33% in the third quarter to 218m euros.The Finnish firm forecasts the business’s profit margin will rise sharply next quarter to 12% from 8.4%.That lifted its

DHAKA: LG Electronics will offer a smartphone featuring a curved display and battery in South Korea from next month.The G Flex smartphone will sport a display that curves inward from its top and bottom edges.LG said the device will be fitted with a curved battery that its affiliate LG

DHAKA: LG Electronics unveiled on Monday a curved-screen smartphone, taking on rival Samsung in a niche market seen as a first step on the road to fully flexible products.Despite its name, the ‘G-Flex’ does not bend, but uses flexible OLED (organic light-emitting diode) to produce a

DHAKA: Wikipedia has begun piloting a service that sends articles via text message, primarily aimed at users in Africa.The online encyclopaedia has partnered with mobile operator Airtel to offer the free initiative which is being tested out in Kenya.It is hoped the service will be used to

DHAKA: Google’s video-sharing arm YouTube is preparing to launch a subscription music service to allow consumers to watch videos and listen to music ad-free.Industry sources said on Friday, reports The Straits Times.Sources familiar with the plans told media, the service is likely to

DHAKA: Samsung Electronics has apologised to Chinese consumers after a report carried on China`s state TV claimed some of its phones were malfunctioning.The report alleged the phones were crashing due to faulty memory chips and criticised its repair policies.Samsung, which generates

DHAKA: Facebook is becoming a key source of news for users of the huge social network, even if people discover articles mostly by happenstance.A study showed Thursday, reports The Straits Times.The study by the Pew Research Center, in collaboration with the Knight Foundation, found 64 per