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October 18, 2012, 7:50 PM
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Alex Wilhelm / The Next Web:
Google dives after reporting $14.10 billion in revenue and earnings per share of $6.53  —  Update: Trading of Google has been halted.  The exact cause of the cessation is not yet known.  TNW is on the case.  More shortly.  —  Today Google announced its quarterly earnings …
Charles Graeber / Wired:
Megaupload Is Dead.  Long Live Mega!  —  They've been indicted by the U.S. government for conspiracy and briefly thrown in jail, but Kim Dotcom and his partners in the digital storage locker Megaupload have no intention of quitting the online marketplace.  —  Instead the co-defendants plan …
David Carr / Media Decoder:
Newsweek to Cease Print Publication at End of Year  —  Updated Newsweek, the weekly magazine that for decades summarized the news for households across the United States but struggled to maintain relevance in the Internet era, announced on Thursday that it would cease print publication at the end of the year.
Alex Wilhelm / The Next Web:
Weak Windows makes Microsoft miss in fiscal Q1: Revenue of $16.01B and earnings per share of $0.53 are under estimates  —  Today Microsoft reported its first quarterly (fiscal 2013) financial performance.  For the three month period, the firm had revenues of $16.01 billion, and earnings per share of $0.53.
Mark Jardine / Tapbots:
Tweetbot for Mac is Finally Here!  —  We are very happy to announce that Tweetbot for Mac is finally available for sale on the Mac App Store!  It's been a long (and bumpy) road, but we are glad we have finally made it to the 1.0 milestone.  This is our first official Mac App from Tapbots …
Myriam Joire / Engadget:
Google launches 11.6-inch ARM-based Samsung Chromebook: $249, ultra thin and light, 6.5-hour battery, 1080p video  —  Google just launched the latest iteration of its Chrome OS-based laptop here in San Francisco — the $249 11.6-inch Samsung Chromebook.  It's ARM-based (fanless) …
Katherine Rushton / Telegraph:
Apple ordered to reveal profit margins  —  Apple has been dealt a double blow after a US judge said it should be forced to reveal sensitive information about its profit margins and the technology giant lost a legal battle in Britain.  —  Apple, the maker of the iPhone …
More: VentureBeat and CNET
Florian Mueller / FOSS Patents:
Non-infringement finding and publicity order over Samsung Galaxy Tab upheld by UK appeals court  —  Earlier today there were various media reports on a UK appeals court decision in Samsung's favor against Apple with respect to the non-infringement of a Community design (EU equivalent of U.S. design patent) …
BBC:
Apple loses UK tablet design appeal versus Samsung
Matt Brian / The Next Web:
Nokia's Q3 2012: $754 million operating loss, $9.49 billion in net sales, 2.9 million Lumia phones sold
Brendan Sasso / Hillicon Valley:
AT&T sounds alarm over Sprint's Clearwire deal  —  AT&T is urging regulators to take a close look at Sprint's recent deals with Softbank and Clearwire.  —  Softbank, a Japanese cellphone service provider, has agreed to buy control of Sprint, the third largest U.S. carrier.
Sean Hollister / The Verge:
AMD loses $157 million on $1.27 billion revenue in Q3, will lay off 15 percent of workers  —  We'd heard AMD would have bad news this quarter, and here it is: a quarterly loss of $157 million, revenues down 10 percent, and a 15 percent workforce reduction.  Today, AMD reported Q3 2012 revenue …
Glyn Moody / Techdirt:
Dutch Propose Powers For Police To Break Into Computers, Install Spyware And Destroy Data — Anywhere In The World  —  Techdirt readers with long memories may recall a fantasy proposal from Orrin Hatch that would have seen technological means deployed to destroy the computers of those who downloaded unauthorized copies of files.
Wall Street Journal:
Fashion Site Gilt Puts Jetsetter up for Sale  —  Gilt Groupe Inc. has put its Jetsetter unit up for sale and is seeking as much as $50 million for the luxury travel site, a person familiar with the effort said.  —  The Internet-based fashion company has been pitching Jetsetter …
More: Betabeat and PandoDaily
Matthew Murray / PC Magazine:
Cloud-Focused Ubuntu 12.10 ('Quantal Quetzal') Released  —  Software developer Canonical announced Thursday that it has released the latest version of Ubuntu, its popular free Linux operating system.  —  The consumer desktop version of Ubuntu 12.10, code named Quantal Quetzal …

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From Mediagazer

Axios:
Sources: Paramount seeks a business-side counterpart to Bari Weiss, implying she would oversee editorial across CBS News and CNN if Paramount's WBD deal closes

Jeremy Fuster / The Wrap:
The Super Mario Galaxy Movie becomes the first release of 2026 to cross $1B in global grosses; Michael Jackson biopic Michael is on the verge of crossing $900M

Peter Chapman / Bloomberg:
The UK CMA launches a probe into Paramount's $110B acquisition of WBD, and sets an initial ruling deadline on August 7; the EU has already set a July 7 deadline

More News

Earlier Picks

Sharif Sakr / Engadget:
Verizon reports Q3 wireless service revenues up 7.5 percent, LTE now available to 250 million people
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