News bites: Twitter prepares for IPO

The New York Times examines Twitter's business position as the company prepares for its initial public offering.

In reaction to reports of NSA spying, Brazil's president is pushing legislation to require Internet companies to store locally gathered data in Brazil, according to Reuters. 

Google will no longer be able to buy discounted jet fuel from the Pentagon, The Wall Street Journal reports. 

China's Huawei said it would continue making Windows smartphones even though Microsoft is set to build its own hardware, The Wall Street Journal writes.