Twitter simulated share trial a success
The New York Stock Exchange has reported that a test run of Twitter’s share sale was a success.
A simulated sale of Twitter shares on Saturday operated successfully, which hopes to prevent any technical problems that may occur when the shares go public.
Twitter is the biggest tech company to go public since social network rival Facebook.
ON Facebook’s first day of trading with Nasdaq, it faced a glitch which meant that some trades did not go through.
The Nasdaq was later fined $10mby the regulator, the Securities and Exchange Commission, for the problems.
By running this trail, NYSE hopes to avoid similar problems.
More Bitcoins seized in Silk Road raid
$28m of digital currency has been taken from Ross Ulbricht by authorities after he has been charged with running the online black market.
144,336 bitcoins were discovered on computer hardware belonging to Ulbricht. The currency was seized by federal prosecutors in what is thought to be the largest bitcoin seizure in history.
The illegal website was shut down by law enforcement three weeks ago when Ulbricht was detained and charged with narcotics trafficking conspiracy, computer hacking conspiracy and money laundering conspiracy.
Wikipedia pilots text articles in Africa
Wikipedia has trialled a service that sends articles from its online encyclopaedia by text message.
The service is aimed at areas in Africa that do not have internet access so they can access information via SMS.
A partnerships with mobile operator Airtel is offering the free initiative in Kenya for a trial period of three month.
To activate the service – called Wikipedia Zero – users need to dial *515#, after which they will receive a text message prompting them to search for articles.
