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April 25, 2012, 10:30 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.
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 …
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.
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:
DigiTimes:
HTC, Facebook jointly developing smartphone, say sources  —  Given that Google is expected to continue to cooperate with Samsung Electronics for the development of the next-generation Nexus smartphone, HTC reportedly has decided to move forward in its own way and is currently developing …
Apple:
Apple Worldwide Developers Conference to Kick Off June 11 at Moscone West in San Francisco  —  Apple® today announced that it will hold its annual Worldwide Developers Conference (WWDC) June 11 through June 15 at San Francisco's Moscone West.  At this year's five-day conference …
Sebastian Anthony / ExtremeTech:
Think GPS is cool?  IPS will blow your mind  —  For all of their awesome applications — from portable navigation devices, to self-driving cars, to cruise missile targeting — the American Global Positioning System and its Russian cohort GLONASS have two fundamental flaws: They don't work indoors …
More: Betabeat
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 …
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 …
Steven Levy / Wired:
Can an Algorithm Write a Better News Story Than a Human Reporter?  —  Had Narrative Science — a company that trains computers to write news stories—created this piece, it probably would not mention that the company's Chicago headquarters lie only a long baseball toss from the Tribune newspaper building.
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.
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.
Don Reisinger / CNET:
Sprint posts $863 million loss, but that's not the whole story  —  To put that loss into perspective, Sprint lost $439 million during the first quarter of 2011.  —  Sprint Nextel started off 2012 on a sour note, the company revealed today in its first-quarter earnings release.
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 …
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 …
Tarmo Virki / Reuters:
Nokia, HTC win European patent ruling  —  (Reuters) - Nokia (NOK1V.HE) and HTC (2498.TW) won a key ruling by the European Patent Office that a patent used by German firm IPCom in legal battles against the two mobile phonemakers was invalid in its current form.
Peter Bright / Ars Technica:
Feature: Windows 8 on the desktop—an awkward hybrid  —  Windows 8's new user interface has proven nothing short of polarizing.  The hybrid operating system pairs a new GUI concept, the touch-friendly Metro interface, to the traditional windows, icons, menus, and pointer concept that Windows users have depended on for decades.
More: BGR
Wall Street Journal:
China Escalates Crackdown On Internet Amid Scandal  —  China censors have gone into high gear as the most popular topic continues to be the Bo Xilai scandal.  The WSJ's Deborah Kan speaks to reporter Josh Chin on why the government is enforcing a heavy hand on China's microbloggers.
More: CNET and Hit & Run
Chris Anderson / Wired:
The Man Who Makes the Future: Wired Icon Marc Andreessen  —  He's not a household name like Gates, Jobs, or Zuckerberg.  His face isn't known to millions.  But during his remarkable 20-year career, no one has done more than Marc Andreessen to change the way we communicate.
More: Business Insider and Gizmodo.  Tweets: @bhorowitz

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From Mediagazer

Axios:
Sources: Paramount seeks a business-side counterpart to Bari Weiss, implying she would oversee editorial across CBS News and CNN if Paramount's WBD deal closes

Jeremy Fuster / The Wrap:
The Super Mario Galaxy Movie becomes the first release of 2026 to cross $1B in global grosses; Michael Jackson biopic Michael is on the verge of crossing $900M

Alex Weprin / The Hollywood Reporter:
Fox News integrates Outkick into Fox News Digital, five years after acquiring the sports brand; Clay Travis will exit the site to become a Fox contributor

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