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July 19, 2012, 3:50 PM
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John Paczkowski / AllThingsD:
Nokia's Bad News Not Completely Horrible — Shares Soar  —  Posting second-quarter earnings this morning, Nokia reported a loss of $1.74 billion and smartphone sales that fell 39 percent to 10.2 million.  Gruesome financials, to be sure.  But, remarkably, Nokia's stock has rallied on them.
Robin Wauters / The Next Web:
Nokia's Q2 2012: $1 billion operating loss, $9.21 billion in net sales, 4 million Lumia phones sold
Kevin Weil / Twitter Advertising:
New targeting adds greater relevance to your Promoted Tweets  —  It's a fact — brands have been on Twitter since our earliest days.  They use the platform to connect with consumers in meaningful ways, offering everything from special discounts and exclusive content to new product information.
BuzzFeed:
The Original iPad Was Gigantic  —  Revealed in court filings (which were first noticed by NetworkWorld) is a prototype/mock up ("035") for an Apple tablet created between 2002 and 2004 — years before the iPad came out.  It still looks like an iPad, but crossed with an old iBook.  And man oh man it is FAT.
Rebecca Greenfield / The Atlantic Wire:
Rich Kids of Instagram Epitomize Everything Wrong with Instagram  —  While the Internet has had a good time making fun of these rich kid Instagram photos, haters should be careful.  These postings are emblematic of the entire medium we all use.  To be certain, these wealthy kid pix are particularly funny …
Neil Hughes / AppleInsider:
Made in America: Apple's supply chain increasing US production  —  Over the last year, some of Apple's key component suppliers have begun increasing their U.S.-based production, which could be a sign that more of the iPhone is already made in America than one might think.
More: PadGadget, Macgasm, TUAW and MacNN.  Tweets: @ldignan
Dean Takahashi / VentureBeat:
K9 Ventures raises $40M micro-VC fund  —  K9 Ventures has raised $40 million for its second fund, a tech-focused micro-VC fund.  The K9 Ventures II fund will be run by Manu Kumar, who headed the earlier fund.  —  K9 Ventures started invested its first fund of $6.25 million in 2009.
Ben Jones / TorrentFreak:
Bat-Signal Heralds Launch of Internet Defense League  —  The Internet Defense League (IDL) launches today, looking to formalise the action that made such a statement 6 months ago.  Until recently, protests tended to be single-site activities, but opposition to SOPA and PIPA was so widespread …
Lisa Rapaport / Bloomberg:
Microsoft Hires Pollster Penn To Lead Consumer Initiatives  —  Microsoft Corp. (MSFT) has hired Mark Penn as corporate vice president for strategic and special projects, reporting to Chief Executive Officer Steve Ballmer as the company readies new offerings for the tablet-computer market.
Georg Szalai / Hollywood Reporter:
Dish Network Lost 10,000 Subs in Second Quarter  —  Analysts had expected the satellite TV firm to lose more customers.  —  Satellite TV giant Dish Network on Thursday said it lost approximately 10,000 net subscribers in the second quarter, well below the 135,000 it had lost in the year-ago period.
Brad Sams / Neowin:
Firefox mobile OS breaks cover, coming in 2013  —  Mozilla, the creators of Firefox, are about to enter a crowded marketplace with a new mobile OS.  The OS is based on Linux and Gecko and contains everything you would expect from a modern day platform.  —  Mozilla claims that the OS …
Jennifer Van Grove / VentureBeat:
Microsoft completes $1.2B acquisition of Yammer  —  YammerSoft is a go, folks.  —  Less than one month after officially confirming numerous reports that it was going to buy enterprise social network Yammer, Microsoft today announced that the $1.2 billion deal is in the bag.
Stacey Higginbotham / GigaOM:
How fast is your ISP?  A new report tells all.  —  Cablevision and Verizon FiOS are the mostly likely to deliver better than advertised download speeds, while any provider offering DSL — AT&T, Frontier, Windstream and CenturyLink- struggle to deliver on their promises.
Jennifer Van Grove / VentureBeat:
Trapit for iPad aims to fix mobile browsing with artificial intelligence  —  Browsing is flawed — on the Web, but even more so on mobile.  That's the message Trapit co-founder Hank Nothhaft conveyed to me as he demoed his solution to the problem: a Trapit iPad application that uses artificial intelligence …
Arik Hesseldahl / AllThingsD:
Oracle's Fifth Deal of 2012 Is for Skire  —  Enterprise software giant Oracle made its fifth acquisition of the year.  It announced that it will acquire the assets of Skire, a maker of cloud-based software used to manage capital projects, facilities and real estate.
Janko Roettgers / GigaOM:
Move over, golden record: YouTube launches partner rewards  —  YouTube took a page out of the music industry's playbook with the introduction of its new partner rewards program Thursday morning: The video site honored 80 of its partner publishers for surpassing a million subscribers with their channels.
Sarah Perez / TechCrunch:
Firespotter Labs, Makers Of UberConference, Raise $15 Million From Andreessen Horowitz, Google Ventures  —  Although it was only a month ago that Firespotter Labs CEO Craig Walker was telling us how his company (the folks behind UberConference, Nosh, NoshList and Jotly) wasn't in urgent need of funding …
Matthew Panzarino / The Next Web:
Pocket gets $5m from Google Ventures and others to expand its read-it-later service to new platforms  —  The incredibly popular ‘save for later’ service Pocket is now clocking some 1M items saved per day and has announced a new $5M round of funding.  Participating in this round is Foundation Capital …
Nathan Ingraham / The Verge:
Verizon Q2 2012 financial results: 888K new wireless subscribers, half of customers using smartphones  —  Verizon just announced its financial results for Q2 2012 and the wireless business had yet another strong quarter.  The nation's biggest wireless carrier added 888,000 new postpaid subscribers …

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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

Peter Chapman / Bloomberg:
The UK CMA launches a probe into Paramount's $110B acquisition of WBD, and sets an initial ruling deadline on August 7; the EU has already set a July 7 deadline

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