September 17, 2012, 1:30 PM

Top News

iPhone 5 Pre-Orders Top Two Million in First 24 Hours  —  Apple® today announced pre-orders of its iPhone® 5 topped two million in just 24 hours, more than double the previous record of one million held by iPhone 4S.  Demand for iPhone 5 exceeds the initial supply and while the majority …
Sam Byford / The Verge:
iPhone 5 breaks Apple and AT&T sales record in ‘most successful iPhone launch ever’ (update)  —  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 …
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 …
Ellis Hamburger / The Verge:
Google takes on Instagram and Facebook by acquiring top iOS photo app Snapseed  —  Google has agreed to acquire Nik Software, the German developer of photography app Snapseed, for an undisclosed amount.  Sources close to the deal tell The Verge that while Nik Software produces all sorts …
Robin Wauters / The Next Web:
Nokia confirms: Amazon has licensed its Location Platform for maps and geocoding  —  It's not that a big surprise anymore, after Reuters earlier reported that Amazon teamed up with Nokia for mapping services, but to my knowledge the Finnish smartphone and mobile software maker has never actually confirmed this to date.
Tricia Duryee / AllThingsD:
Square Finally Closes $200 Million Round at a $3.25 Billion Valuation  —  Square has finally closed its fourth round of funding, which values the three-year-old company at a jaw-dropping $3.25 billion.  —  The payments company is perhaps best known for allowing small businesses …
Tom Warren / The Verge:
Skype preparing to launch video messaging and ‘Metro’ design  —  Skype is preparing to update its range of clients to support a new video messaging option, The Verge has learned.  The feature will launch in time for the holidays, possibly as early as next month — according to sources familiar with Skype's plans.
Scott Hanselman:
Everything's broken and nobody's upset  —  Software doesn't work.  I'm shocked at how often we put up with it.  Here's just a few issues - [literally] off the top of my head - that I personally dealt with last week.  — My iPhone 4s has 3 gigs of “OTHER” taking up space, according to iTunes.
Ben Worthen / Wall Street Journal:
H-P Tries On a Sleeker Look  —  Taking a Cue From Apple, CEO Whitman Makes Better Design Central to Turnaround  —  When Meg Whitman took over as chief executive of Hewlett-Packard Co. a year ago, she got a company-issued laptop.  —  “They gave me a brick,” she said, referring to the device's weight and chunky appearance.
Ellyne Phneah / ZDNet:
Samsung to unveil Galaxy S4 in Feb 2013  —  Summary: New handset expected to sport 5-inch screen, and will see some “external changes” but retain its rectangle shape with rounded corners concept; to be unveiled at Mobile World Congress (MWC) in Barcelona next year.  —  Ellyne Phneah
Emil Protalinski / The Next Web:
As predicted, Google+ passes 400M registered users, now has 100M monthly active users  —  As part of Google's announcement to acquire Snapseed's creator Nik software, Vic Gundotra, the Senior Vice President of Engineering for Google, just announced a new milestone for Google+ …
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: TechCrunch
Todd Hoff / High Scalability:
4 Reasons Facebook Dumped HTML5 and Went Native  —  Facebook made quite a splash when they released their native iOS app, not because of their app per se, but because of their conclusion that their biggest mistake was betting on HTML5, so they had to go native.

Sponsor Posts

A new era of Windows 10 devices  —  Microsoft introduces new Surface, Lumia and Band devices, and shares the latest from HoloLens and Xbox.
What Experian and T-Mobile Didn't Learn from the Target Hack  —  The Experian/T-Mobile hack demonstrates that corporations haven't learned the lessons from the massive Target breach — there are simple rules …
M&A Market Analysis: Preview For Second Half Of 2015  —  M&A activity cooled in the first half of this year after a banner year in 2014.  Is this the start of a larger downturn or just a short-term blip?
Customer Spotlight: The Child Care Square Makes Successful Business Collaboration using Zoho Meeting  —  The Child Care Square is a business based in San Jose, California that provides an easy way to connect parents with licensed child care providers.

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Ellis Hamburger / The Verge:
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