Techmeme
March 19, 2012, 12:35 PM

Top News

Apple:
Apple Announces Plans to Initiate Dividend and Share Repurchase Program  —  Expects to Spend $45 Billion Over Three Years  —  Apple® today announced plans to initiate a dividend and share repurchase program commencing later this year.  —  Subject to declaration by the Board of Directors …
Chris Ziegler / The Verge:
Apple announces $10b share buyback starting in fiscal 2013, $2.65 dividend for Q4  —  Ahead of a conference call this morning, Apple has announced a pair of initiatives for its massive stockpile of cash totaling approximately $100 billion: a stock buyback beginning in fiscal 2013 …
Ellen McGirt / Fast Company:
“Boy CEO” Mark Zuckerberg's Two Smartest Projects Were Growing Facebook And Growing Up  —  Mark Zuckerberg, oft-parodied young CEO, didn't build the most important company of the Internet era by accident.  How he fashioned Facebook—and himself—for success.
Stephen Chapman / Between the Lines Blog:
New iPad feature ‘Dictation’ sends/stores private data to Apple servers  —  Summary: Dictation is one of the key features of the new iPad; however, using it requires more than meets the eye.  Read all about it in this post.  —  After spending a solid weekend with the new iPad …
More: WebProNews
Richard Lawler / Engadget:
Linux kernel 3.3 released with merged Android code and more  —  The latest refresh of the Linux kernel, 3.3, is now available, and the second release of 2012 brings with it the long-awaited merging of code from Google's little side project.  While that is particularly interesting …
Peter Kafka / AllThingsD:
Twitter and Facebook Are Tomorrow's News Service.  For Now, Though ...  If you're like me, you increasingly rely on Twitter and Facebook as your news editors.  But that means we're in a small minority.  —  Just 9 percent of American adults frequently get their news from their pals at the two services.
Jack Clark / ZDNet:
Netflix: How we got a grip on AWS's cloud  —  Q&A  —  In 2011, Netflix's online video rental service regularly accounted for 30 percent of all US download internet traffic.  —  To support this combination of huge traffic and unpredictable demand spikes, Netflix has spent the past few years developing …
Dwight Garner / New York Times:
The Way We Read Now  —  The case against electronic books has been made, and elegantly, by many people, including Nicholson Baker in The New Yorker a few years ago.  Mr. Baker called Amazon's Kindle, in a memorable put-down, “the Bowflex of bookishness: something expensive that …
More: BuzzFeed
Faith Hung / Reuters:
Foxconn not to take legal action after retraction  —  (Reuters) - Foxconn Technology Group, the top maker of Apple Inc's iPhones and iPads, said on Monday it had no plans to take legal action over a U.S. radio program about its activity in China, parts of which have been retracted.
Peter Kafka / AllThingsD:
Vimeo Gets a New Boss: AOL, Yahoo Vet Kerry Trainor  —  Earlier this year, video site Vimeo showed off a new look.  Now it has a new CEO: Kerry Trainor, who just left his job overseeing AOL's entertainment and video properties.  —  Trainor replaces Dae Mellencamp, who has been running the site since 2009.
Brian Womack / Bloomberg:
Facebook Mimics Apple by Spending Less on R&D Than Rivals  —  Facebook Inc. (FB) spends a smaller percentage of revenue on engineering than other Internet companies, mimicking Apple (AAPL) Inc.'s strategy of keeping costs low by relying on outside developers for research and development.
More: WebProNews
John Paczkowski / AllThingsD:
With “Coveted Brand,” Dell Will Breach Tablet Market … - Dell CEO Michael Dell on what has surprised him most about the evolution of the tech industry  —  2012 isn't going to be another year of the iPad, if Dell can help it.  Though it was forced to beat a humbling retreat from the tablet market …
More: Reuters and The Verge

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