September 17, 2012, 7:30 AM

Top News

First Apple iPhone 5 orders now shipping from China  —  Customers who were among the first to preorder the iPhone 5 from Apple have begun seeing updates that their orders are shipping from China.  —  While some iPhone 5 orders are now shipping, the packages are still not scheduled …
Sam Byford / The Verge:
iPhone 5 breaks AT&T sales record in ‘most successful iPhone launch ever’  —  The iPhone 5 has set a new pre-order record for AT&T, the carrier announced today, selling faster than any previous iPhone.  The phone became available to order on September 17th and quickly sold out of its initial stock bound …
Arnold Kim / MacRumors:
iPhone 5 Benchmarks Appear in Geekbench Showing a Dual Core, 1GHz A6 CPU  —  John Poole of PrimateLabs let us know that the first iPhone 5 benchmark has hit Geekbench.  —  The results show an iPhone5,2 device running iOS 6 with a Dual-Core 1.02GHz ARMv7 processor and 1GB of RAM.
Chris Dixon:
Facebook's embedded option  —  The best way to think of Facebook's stock is as the sum of two businesses: the existing display ad businesses, and a probability-weighted option on a new line of business.  This is how Wall Street views it.  For example, here is a section of a recent Goldman Sachs analyst report on Facebook:
More: TechCrunchTweets: @stevecheney
Nick Bilton / NYT Bits:
Disruptions: Let Silicon Valley Eat ... Ramen Noodles?  —  You don't have to spend much time in Silicon Valley to start hearing that the people don't care about money.  People here are just trying to make the world a better place.  Entrepreneurs and venture capitalists eat ramen noodles for dinner and drive old, clunky Hondas to work.
John Jannarone / Wall Street Journal:
Winklevoss Twins of Facebook Fame Return to Invest in SumZero  —  The Winklevoss twins lost the biggest social-network showdown ever when their rival, Mark Zuckerberg, walked away with Facebook.  Now they are trying again—with a social network for professional investors.
Nicholas Carlson / Business Insider:
Marissa Mayer Just Gave Every Yahoo Employee An iPhone 5  —  New Yahoo CEO Marissa Mayer just sent an email to all of Yahoo's full time and part time employees in the US, promising them a new Apple, Samsung, Nokia, or HTC smartphone.  —  “People are happy,” says a source at the company.
Ingrid Lunden / TechCrunch:
Google's Loss=Yandex's Gain In iOS6: Russian Search Giant Nabs Apple Maps API; Search Deal In The Works  —  Apple's gradual extrication from Google services is having a knock-on effect in international markets — and Google's competitors elsewhere.  In Russia, the local search leader Yandex …
Janet I. Tu / The Seattle Times:
Ballmer trumpets Microsoft's ‘epic year’  —  Q and A: Microsoft Chief Executive Officer Steve Ballmer discusses new products and services, the state of the company and its future.  —  This fall, Microsoft is embarking on one of its biggest series of launches ever, with new versions or updates …

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