August 24, 2012, 3:10 PM

Top News

Philip Elmer-DeWitt / Fortune:
After meeting with Apple execs, analyst expects no television solution any time soon  —  The company's prospects for a near-term TV breakthrough appear to be bleak  —  FORTUNE — It's hard to know what to make of the signals coming out of the meetings with individual analysts Apple's (AAPL) executive staff has been holding lately.
Jun Yang / Bloomberg:
Apple, Samsung Must Stop Some Korea Sales In Patent Fight  —  Apple Inc. (AAPL), the maker of the iPhone, and Samsung Electronics Co. (005930) infringed each other's patents for mobile devices and must stop selling some products in South Korea and pay damages, a Seoul court said.
Wall Street Journal:
South Korea Court Says Samsung, Apple Infringed Each Other's Patents  —  SEOUL—A South Korea court on Friday delivered a split decision in its piece of the global legal battle between Apple Inc. and Samsung Electronics Co. over mobile computing patents.  —  A three-judge panel …
Tom Warren / The Verge:
Microsoft Surface street art ad appears in New York  —  Microsoft's new Surface might not be launching until October 26th, but the company appears to be kicking off its marketing for the Windows RT-powered tablet a little early.  A building wall in New York City has been taken …
Lee Chyen Yee / Reuters:
Apple share of China smartphone mkt almost halved in Q2 - IDC  —  (Reuters) - Apple Inc's share of China's smartphone market almost halved to 10 percent in the second quarter as buyers waited for the next iPhone model - expected later this year - or switched brands, data from industry research firm IDC showed on Friday.
Donna Tam / CNET:
iPhone trails at No.7 in China's smartphone market, report says  —  The Chinese hold Apple's products in high regard, but the iPhone is too costly and isn't hooked into China Mobile's network, analysis firm IHS says.  —  Despite Apple's popularity in China, the iPhone is only No. 7 …
John Gruber / Daring Fireball:
Sharing the Stage  —  Back in February, MG Siegler, among others, noted a remarkable milestone: … You'd be on solid ground arguing that the iPhone is the single most profitable product in the world today, and without question, it is the most important single product in Apple's lineup.
Chris Ziegler / The Verge:
This is the HTC ‘Proto’  —  The Proto that we told you about earlier this month is back — and this time, we've got pictures.  HTC has been nearly silent on the global phone scene since its big One series event at February's Mobile World Congress, and it stands to reason that the Proto might be a member of its next volley.
Matt McGee / Marketing Land:
Instagram Traffic Up 38 Percent In July, Tumblr Surpasses MySpace [ComScore]  —  Interest in Instagram rose significantly in July, enough to make it the top gaining web property in comScore's monthly tracking of traffic to U.S. websites.  —  ComScore's July 2012 Top 50 shows a 38 percent traffic gain …
Sam Byford / The Verge:
Watch this: Samsung's design team tells the story behind the Galaxy S III  —  Samsung has released a video called “Galaxy S III Design Story” which explains the development history of their latest, well-received flagship phone.  The company's design team doesn't have as high a profile as that of Apple …

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Owen Thomas / Business Insider: