September 17, 2012, 12:35 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 …
Philip Elmer-DeWitt / Fortune:
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 …
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 …
John Jannarone / Wall Street Journal:
The Return of Facebook's Winklevoss Twins  —  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.  —  Flush with at least $65 million …
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.
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.
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
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
Kindle Fire HD Teardown  —  The Kindle Fire HD has landed on the doorstep of iFixit.  Naturally, we've embarked on the epic voyage of exploring the electronic innards of the Kindle Fire HD.  What will we find?  Follow along as we methodically break down each component.
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.

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Convergence EMEA: Matching business challenges to technological solutions  —  Perspective from Jean-Philippe Courtois, President, Microsoft International, leading up to the keynote in Barcelona at 6:30 a.m. PT on Nov. 30.
Federal Insecurity  —  The number of security incidents impacting Federal agencies has grown from 5,503 in 2006 to 67,168 in 2014 — a massive 1121% increase in 8 years — what can be done?
What consumers have to say about Bitcoin, P2P, social spending and more  —  We asked 7000 digital consumers how they expect to pay for digital goods & services in the future.  The results are in.
Upload Web Receipts for scanning with the new Google Chrome add-on  —  Remember the days of keeping receipts in a shoebox?  Sure, you had them all in one place, but they weren't organized, they weren't sorted …
CareerArc: How Square's Debut Draws Concerns Over IPO “Ratchets” & Impact on Tech Talent  —  Square's IPO points a spotlight on “IPO Ratchets”—now a common demand among tech investors.  But how might ratchets affect employees?

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