Techmeme
April 20, 2012, 6:50 AM

Top News

Microsoft Investor Relations:
Microsoft Reports Record Third-Quarter Revenue  —  Strong business demand drives double-digit operating income growth.  REDMOND, Wash. — Apr. 19, 2012 — Microsoft Corp. today announced quarterly revenue of $17.41 billion for the quarter ended Mar. 31, 2012, a 6% increase from the prior year period.
Zach Epstein / BGR:
Microsoft posts Q3 beat: Operating income grows to $6.37 billion on $17.41 billion in sales  —  Following the huge loss reported by major mobile partner Nokia, Microsoft posted its fiscal third-quarter results on Thursday following the close of the market.  Wall Street was expecting …
9to5Mac:
Apple Marketing SVP Phil Schiller dumps Instagram over expansion to Android  —  Twitter co-founder Jack Dorsey is not the only photo-loving business executive upset by Instagram in recent weeks.  While Dorsey stopped posting photos from his Instagram after Facebook reportedly beat his Twitter …
Om Malik / GigaOM:
Cisco memo: We can't build anything  —  Earlier this morning, The New York Times wrote about an internal memo in which Cisco Systems outlined its plans for software defined networking.  More importantly, it also shared the news that it has invested $100 million in Insieme …
Eric Slivka / MacRumors:
Aaron Souppouris / The Verge:
Samsung GT-i9300 dummy box could host the new Galaxy S  —  Vietnamese website Tinhte has posted images and video of a new device, the Samsung GT-i9300, which could be a engineering sample of the next Galaxy S device set for reveal on May 3rd.  Unlike the previous leak, which featured grainy photos taken …
Dan Farber / CNET:
Google's Tim Lindholm faces off with David Boies on Java license  —  David Boies, Oracle's lead lawyer in the Silicon Valley trial of titans, had a nice set-up for day four of the proceedings.  On day three, Wednesday, Boies probed Google CEO Larry Page about his familiarity with Tim Lindholm …
Chris Velazco / TechCrunch:
Mozilla CEO: First Boot To Gecko Devices Will Be Sold In Brazil  —  Mozilla and Spain-based Telefonica officially announced their intentions to work together on an open web device at this year's Mobile World Congress, but I'm not sure anyone expected the launch market Mozilla CEO Gary Kovacs just announced.
Jacqui Cheng / Ars Technica:
Mac OS X invulnerability to malware is a myth, says security firm  —  Mac users can expect more OS X botnets, drive-by downloads, and mass malware from here on out.  That's according to security researchers from Kaspersky Lab, who said during a press conference on Thursday morning …
Farhad Manjoo / Fast Company:
Google's Creative Destruction  —  Venture-capital firms have been the engine of the United States' innovation economy.  At Google Ventures, the search giant's investing arm, Google thinks it can build a better one.  —  Google Ventures managing partner Bill Maris in the future home of his Startup Lab …
Tweets: @dondodgeThanks:@steverubel
Sarah Perez / TechCrunch:
Hulu Announces Four More Original Series, Bringing Total Lineup To Seven  —  Hulu has been having a busy week.  On Tuesday, the company announced a new deal for advertisers, which now charges them only for ad completions, and today at Hulu's upfronts, the company announced the arrival of even more original shows.
Bloomberg:
RIM Said to Be Near Choosing JPMorgan as Strategy Adviser  —  Research In Motion Ltd. (RIM) is near a decision to pick a financial adviser, and JPMorgan Chase & Co. (JPM) is the leading candidate to help the company weigh strategy options, two people with knowledge of the matter said.
Ernesto / TorrentFreak:
RapidShare Publishes Anti-Piracy Manifesto for Cyberlockers  —  In the aftermath of the Megaupload shutdown, people have been keeping a close eye on other file-hosting services, RapidShare included.  —  As a company, RapidShare sees itself operating in the “cloud hosting” business …
Andrew Wallenstein / Variety:
Walmart's Vudu plans big int'l expansion  —  Streaming service to compete with Netflix, local players  —  Walmart-owned streaming video service Vudu has plans for an aggressive international expansion, according to sources, which could spell trouble for Netflix and other competitors.
Laura Stampler / Business Insider:
Coming Soon: Buying Stock On Facebook In 3 Clicks  —  Facebook's impending initial public offering on NASDAQ isn't the only way that people will be able to trade in stock of the social networking site.  —  By June of this year, public companies will be able to sell their stock to customers directly …
Andrew Webster / The Verge:
FCC fighting mobile ‘bill shock’ with new alert system  —  The FCC estimates that around 30 million Americans have suffered from bill shock — that horrifying feeling when you realize your mobile bill is way higher than expected.  To deal with this, the commission is working …

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