Pinterest plans to raise about US$1.5-billion dollars in its initial public offering of shares. The digital scrapbooking site will put about 86.3 million shares up for sale at a price between $15 and $17 each.

Promoted | Business IT is being dragged down by the weight of the “old”. Whether it’s outdated assumptions, virtualisation platforms designed for consolidation not agility, or simply neophobia, this isn’t just disruption, it’s a death-grip.