If enough people think something is worth billions of dollars, does that make it so? The latest valuation of Twitter indicates the company is a lot more valuable than previously thought. Thanks to a bidding war between multiple investors, the value of Twitter has risen from $3 billion to $4 billion in a matter of weeks, reports TechCrunch.
The raise in price is due to competitive bidding between Russian firm DST and John Doerr’s firm, which has a name long enough that it should be featured in Mad Men: Kleiner Perkins Cauflied & Byers. Doerr (pictured right) is a big investor in a lot of Internet giants like Amazon and Google and regrets passing up Twitter some time ago. DST also owns 10 percent of Facebook.
And so the two warring investors have driven up the price of Twitter, which is now close to $4 billion. One insider on the negotiations said that “Doerr wants to own part of Twitter, And Doerr generally gets what he wants.” Doerr has invested millions in social media and Apple-centric companies lately. In October, he partnered with a number of companies to launch the sFund, which seeks to fund social entrepreneurs.
No deal has been finalized and, for all we know, another investor could swoop in and raise Twitter’s value to $5 billion, or maybe $10 billion. If people are charged up and ready to pay, does it really matter what Twitter is actually worth?
The absolutely absurd idea of putting a touchscreen display on a mouse isn't exactly new. Turtle Beach already did it with its Command Series MC7, which features a 2.25-inch control screen. But apparently, even that wasn't ridiculous enough for Arctic Fox Technologies. Its new Super Mouse looks like someone took the chunky old Atari ST mouse, slapped a touchscreen and scroll wheel on it, and called it an upgrade.
The result is a rather unusual-looking mouse that is now on Kickstarter, starting at $199. And as ridiculous as it looks, some of its features are genuinely intriguing.
Apple is less than a day away from launching its highly anticipated OLED MacBook Pro with a touch-sensitive screen. But it appears that the upgrade is going to cost a pretty penny. According to a report by Bloomberg, Apple is reportedly eyeing a starting price of $2,899 for the 14-inch MacBook Pro, while the 16-inch version could start at $3,399 in the US.
"At $2,899, the 14-inch model would mark the highest starting price for a new MacBook Pro model, surpassing the $2,799 Apple charged for a 17-inch version introduced in 2006," says the report. The report claims that Apple is targeting a minimum price hike of $400 for its upcoming redesigned 14-inch and 16-inch MacBook Pro models.
I've spent a good amount of time digging into the spec sheet of the new M6 MacBook Pro (14-inch), and for all intents and purposes, this is a classic Apple "chip and connectivity" refresh. It's not a full redesign. The chassis, Liquid Retina XDR panel, speakers, ports, and battery, all of them carry over unchanged.
However, the M6 brings more cores, stronger on-device AI, higher memory bandwidth on the larger configs, and modern wireless. Here’s the practical rundown of what actually improved, and whether those gains are worth your money.