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April 25, 2012, 4:40 AM
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Apple:
Apple Reports Second Quarter Results  —  Record March Quarter Sales of iPhones, iPads and Macs Net Profit Increases 94% Year-over-Year CUPERTINO, California—April 24, 2012—Apple® today announced financial results for its fiscal 2012 second quarter ended March 31, 2012.
Sundar Pichai / The Official Google Blog:
Introducing Google Drive... yes, really  —  Just like the Loch Ness Monster, you may have heard the rumors about Google Drive.  It turns out, one of the two actually does exist.  —  Today, we're introducing Google Drive—a place where you can create, share, collaborate, and keep all of your stuff.
Zack Whittaker / ZDNet:
How far does Google Drive's terms go in ‘owning’ your files?  —  Summary: Dropbox and Microsoft's SkyDrive allows you to retain your copyright and IP rights to the work you upload to the service.  Google Drive, however, takes everything you own.  —  Within hours of Google launching …
Steve Kovach / Business Insider:
A Lot Of People Are Freaking Out Over Google Drive For Nothing*  —  We've been seeing a few tweets from people who are worried how Google's recently updated terms of service will affect Google Drive.  —  Specifically, it's this section that has people talking:
Robert Andrews / paidContent:
Exclusive: Bebo founders, shareholders sue owner for ‘destroying’ site  —  Bebo, which has hit one rocky patch after another the past few years, now has new troubles.  The social network's founders and some other shareholders are suing its current owner, alleging fraud.
More: AllThingsD
Connie Loizos / PE Hub Blog:
Andreessen Horowitz Has “Nearly Returned” Fund One, Yet Critics Remain  —  Andreessen Horowitz has been shaking things up since debuting on the venture scene nearly three years ago; this week is no different.  —  After the New York Times published a recent piece, highlighting …
Alex Wu / Facebook Developer Blog:
Discover native Android apps through Facebook  —  With the latest update to Facebook for Android, we are bringing social app discovery channels to native Android apps.  —  After introducing social app discovery for mobile web apps on Android and native apps on iOS, apps and games like Pinterest …
Stephen Shankland / CNET:
Chrome for Android to come out of beta ‘in weeks’  —  Google expects to bring its Chrome browser for Android out of beta testing “in a matter of weeks.”  So said Sundar Pichai, senior vice president of Chrome and Apps, in an interview yesterday, shortly after Google released a Chrome …
Rick Borovoy / Google+ Developers Blog:
Introducing the Google+ Share Button  —  When your visitors come across something interesting on your site, sometimes you want to encourage a simple endorsement (like +1).  Other times, however, you want to help visitors share with their friends, right away.  Today's new Google+ Share button lets you do just that.
Kate Kelly / CNBC:
Facebook IPO Could Be Delayed by Deals, Distractions  —  Less than two weeks before the potential launch of Facebook's initial public offering roadshow, a string of acquisitions and other business distractions are threatening to delay the sale, say people familiar with the matter.
James Ball / Guardian:
Cispa cybersecurity bill opposed by Obama administration  —  Hillary Clinton adviser reiterates president's opposition to Cyber Intelligence Sharing and Protection Act ahead of vote  —  A senior State Department official has stressed the Obama administration's opposition …
Jacqui Cheng / Ars Technica:
Amazon releases “Send to Kindle” desktop software for the Mac  —  More than three months after releasing software for Windows-users to send documents to a Kindle, Amazon has now released the Mac version.  Announced on Tuesday afternoon, the “Send to Kindle for Mac” application allows Mac users …
Michael Arrington / Uncrunched:
Some Investors May Request Protection From Acqui-Hires  —  Inside baseball warning, but I like writing about the things being discussed that the press never really picks up on.  —  Acqui-hires, if you aren't aware, are the acquisitions of startups by large companies (usually Facebook …
Caleb Garling / Wired:
Google's Eric Schmidt Defends Android in Oracle Trial  —  Eric Schmidt took the stand on Tuesday to defend Google from Oracle (Photo: JolieODell/Flickr)  —  Taking the stand on Tuesday during the ongoing trial over Google's use of the Java programming language on its Android mobile operating system …

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From Mediagazer

Financial Times:
Sources: WaPo is losing about $100M per year but aiming to break even by the end of 2026, which could unlock fresh funding from Jeff Bezos

Todd Spangler / Variety:
Filing: Amazon's spending on content, including music, sports rights, and licensed and produced TV and film, rose 10% YoY to $22.4B

The Guardian:
The UK raises the TV license fee, the BBC's main funding source, from £174.50 to £180 a year from April 1, saying it gives the BBC a “stable financial footing”

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