Techmeme
July 27, 2012, 5:00 AM

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.
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 …
Somini Sengupta / New York Times:
Facebook Reports a Loss, but Its Revenue Beats Expectations  —  SAN FRANCISCO — Unhappy with Facebook's first financial report as a public company Thursday, investors fled the stock in droves even as Mark Zuckerberg, the company's chief executive, extolled its growth prospects to industry analysts.
Ben Popper / The Verge:
Bryan Bishop / The Verge:
The iPad that never was: kickstands, curves, and ‘highly confidential’ Apple prototypes revealed  —  We already got a look at some early iPhone designs inspired by Sony and the iPod, but court documents have revealed an assortment of different looks that were considered for Apple's various iOS products …
Reuters:
Samsung sold 50.5 million smartphones in second quarter, almost twice what Apple sold: report  —  SEOUL - Samsung Electronics Co, the world's top smartphone maker, sold 50.5 million smartphones in the second quarter, stretching its lead over rival Apple Inc, a report by research firm StrategyAnalytics showed.
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.
Stacey Higginbotham / GigaOM:
The economics of Google Fiber and what it means for U.S. broadband  —  Google launched its fiber-to-the-home gigabit network Thursday in Kansas City, Kansas and it wants everyone to know that this network isn't a charity case.  Several Google executives at the event were very clear …
More: Black Web 2.0Tweets: @mattrosoff
Dieter Bohn / The Verge:
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:
Documents show Samsung fixated on a ‘Beat Apple’ strategy, but did it cross the line?  —  Tonight's trove of court documents in the Apple vs. Samsung case not only revealed a ton of new images of iPhone and iPad prototypes, but also show that Samsung was very focused on making sure that it is competitive with Apple offerings.
More: AllThingsD
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.
Mark Gillett / The Big Blog:
What Does Skype's Architecture Do?  —  In the last few days we have seen reports in the media we believe are inaccurate and could mislead the Skype community about our approach to user security and privacy.  I want to clear this up.  —  At Skype, we continue to be humbled and grateful …
More: CNET
Nick Wingfield / NYT Bits:
Microsoft Admits Risk in Tablet Plans  —  Sometimes the only way to get a straight answer from a company on a thorny topic is through its government filings.  —  In an annual report that it submitted to the Securities and Exchange Commission on Thursday afternoon, Microsoft finally conceded something …
More: CNET and Engadget
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 …
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 …
Jeff John Roberts / GigaOM:
Apple digs in to protect ‘app store’ name  —  At a time when Amazon poses a growing threat to its dominant iTunes service, Apple is doubling down on efforts to drive its rival away from the term “appstore.”  —  In court filings last week, Apple demanded that Amazon provide an executive …
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 …

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Peter Birch / Google LatLong: