An earlier version of this piece incorrectly compared Facebook's quarterly average revenue per user (ARPU) to the annual ARPU that would justify its IPO share price. Facebook's annualized ARPU is currently $5.12; it would need to rise above $33 with its current user base to justify a $38 share price.
An earlier version of the story incorrectly stated the price of the Kilo. It costs $399.
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The standard, to be produced by the Institute of Electrical and Electronics Engineers, will likely reach data-transfer speeds between 400 gigabits per second and 1 terabit per second. For comparison, that latter speed would be enough to copy two-and-a-half full-length Blu-ray movies in a second.
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An earlier version of this report mischaracterized how the funds were raised. Kickstarter was not used.
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This story misstated the cost of Amazon Prime. The price is $79 per year.
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Gianfranco Lanci's title was incorrect. He is Lenovo's chief for Europe, the Middle East, and Africa.
Read the corrected story here.
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