Techmeme
July 26, 2012, 8:55 PM

Top News

Facebook Investor Relations:
Facebook Reports Second Quarter 2012 Results  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the second quarter, which ended June 30, 2012.  —  “Our goal is to help every person stay connected and every product they use be a great social experience,” said Mark Zuckerberg, Facebook founder and CEO.
Ben Popper / The Verge:
Facebook barely hits revenue mark with $1.18 billion in Q2, stock hits all time low  —  Facebook is reporting its first quarterly earnings as a public company today.  After a disappointing IPO, the company needs a strong showing to regain investor confidence.
Steve Kovach / Business Insider:
Zuckerberg: It Wouldn't Make Sense For Us To Make A Phone  —  Mark Zuckerberg said on Facebook's earnings call today that it wouldn't make sense for the company to make a phone.  —  The statement came after analysts asked about Facebook's mobile strategy.  —  Zuckerberg said Facebook …
Brad McCarty / The Next Web:
Amazon misses in Q2: $12.83 billion in revenue, up 29%, income down 96%  —  Online retailer Amazon has today released its Q2 2012 earnings.  Revenue is at $12.83 billion with EPS of $0.01.  Analysts had expected a mere $0.01 gain per share, down $0.41 from the year prior.
Dieter Bohn / The Verge:
Google Fiber launches in Kansas City, promises 1000 Mbps up and down  —  Google Fiber has finally arrived in Kansas City, offering crazy-fast broadband speeds and a new television service on both sides of the Kansas / Missouri state line.  After hinting that it would be unveiled today, the company has made it official.
David Pierce / The Verge:
Jeffrey Spehar / Facebook Developer Blog:
Introducing the Recommendations Bar  —  Today we're launching the Recommendations Bar, a new social plug-in that helps people find articles based on what their friends like and share from your site.  —  As a person reads an article, a small pop-up surfaces at the bottom …
Alexia Tsotsis / TechCrunch:
No API For You: Twitter Shuts Off “Find Friends” Feature For Instagram  —  Instagram has just announced 80 million users and a new app update; Noticeably missing in the update?  The “Find Your Friends” on Twitter feature, which allowed users to follow the same people they follow on Twitter on Instagram.
Peter Birch / Google LatLong:
3D imagery now available on iPad and iPhone  —  Today, we're happy to announce the availability of 3D imagery for Google Earth on the new iPad, iPad 2 and iPhone 4S.  —  A map must be comprehensive and accurate no matter where you are or what device you use.  We also believe maps can be useful in ways you might not have imagined.
Peter Kafka / AllThingsD:
Consumer Reports Joins the Netflix Pile-On  —  Yesterday, Reed Hastings saw a quarter of his company's stock value disappear.  Today's insult to injury: A dis from Consumer Reports.  —  A new survey from the magazine places the Netflix streaming service sixth in user satisfaction, behind …
Henry Blodget / Business Insider:
Here Are The Zynga Insiders Who Cashed Out Just Before The Stock Crashed...  In April, Zynga conducted a “secondary stock offering” in which insiders dumped 43 million shares of stock at $12 a share, raking in about $516 million.  —  Yesterday, four months later, Zynga reported a horrible quarter, and the stock plunged to $3.
Amar Toor / The Verge:
Judge sanctions Samsung for destroying evidence in infringement case against Apple  —  A federal judge in California has sanctioned Samsung for destroying e-mail evidence in its ongoing patent infringement case with Apple.  In an order issued Wednesday, Magistrate Judge Paul Grewal wrote that Samsung …
Graham Cluley / Naked Security:
Mac malware spies on infected users through video and audio capture  —  After further analysis, more information has emerged about the Morcut Mac OS X malware (also known as “Crisis” by some anti-virus products) which was discovered this week.  —  Clearly OSX/Morcut-A was created with spying in mind …
Miyoung Kim / Reuters:
Samsung posts record $5.9 billion profit on smartphones  —  (Reuters) - Samsung Electronics Co, the world's top technology firm by revenue, reported a record quarterly profit of $5.9 billion on Friday, as rampant sales of its smartphones more than offset a tumble in memory chip prices.
Robin Wauters / The Next Web:
WriteThat.name creator Kwaga acquires real-time push notifications startup Boxcar  —  For once, a French company is buying a relatively well-known US tech startup instead of the other way around: Kwaga has acquired struggling iOS and Mac push notification service provider Boxcar.
Christina Farr / VentureBeat:
Female-only VC firm Forerunner Ventures raises $40M fund  —  Amid sweeping accusations that Silicon Valley venture capital firms have failed to attract female talent, one women-only firm has been quietly raising millions for its first institutionally-backed fund.
More: Forbes
Ryan Tate / Wired:
Meet the Man Engineering Facebook's Revenues  —  Gokul Rajaram is a patient man.  Which is fortunate, because the Facebook advertising product director has a lot of teaching to do.  —  Outsiders can't seem to wrap their heads around how Rajaram's technologies are going to generate profits for his employer.

Sponsor Posts

Microsoft:
Great Black Friday deals on the hottest devices and more  —  You don't have to battle the crowds to get super savings on Black Friday and beyond this holiday season.  Check out this slideshow for a wide range of products …
Amazon Cognito:
Sync your app data seamlessly with Amazon Cognito  —  Amazon Cognito helps you sync your app data across a user's devices even when they are offline.  Get started with 10GB of free storage.
SimilarWeb:
5 Simple keyword strategies to boost your number of app installs  —  Carefully planning a keyword strategy is one of the first steps to take when promoting a mobile app.  In today's booming app market …
Zoho:
Zoho Survey: Segment Survey Responses with Multi Collectors  —  Do you distribute one survey to different groups of people only to find that filtering results and analyzing reports is taking up your time?
Igloo:
All the coding ladies  —  Much has been said about women in technology this week as a result of Barbie once again, letting down the female population (or more appropriately, humankind as a whole) …
 

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Ingrid Lunden / TechCrunch: