Techmeme
February 7, 2013, 5:40 PM

Top News

Apple:
Statement by Apple  —  By early last year, Apple's cash balance had built to a point beyond what we needed to run our business and maintain flexibility to take advantage of strategic opportunities, so we announced a plan to return $45 billion to shareholders over three years.
Michael J. De La Merced / DealBook:
Einhorn to Sue Apple Over Plan to Discard Preferred Stock  —  David Einhorn has long been known as a fervent fan of Apple Inc. But the hedge fund magnate is making an unusually public stand to oppose a move by the maker of the iPad: a lawsuit.  —  His hedge fund, Greenlight Capital …
Javier E. David / CNBC:
Apple Should Distribute Cash, Not Hoard It: Einhorn  —  Cash-rich technology giant Apple needs to find a way to distribute its cash to shareholders, instead of sticking to the Depression-like mentality that prompts the company to hoard equity, fund manager David Einhorn told CNBC on Thursday.
Tom Warren / The Verge:
Microsoft's new Xbox will include improved Siri-like speech recognition  —  Microsoft will greatly improve its speech recognition technology inside the next Xbox, The Verge has learned.  Sources familiar with Microsoft's Xbox plans have revealed that Durango, the codename for the next Xbox …
Alex Wilhelm / The Next Web:
LinkedIn crushes Q4 expectations with revenue of $303.6M, EPS of $0.35 as it passes 200 million users  —  Today LinkedIn reported its fourth quarter financial performance, including revenue of $303.6 million, and earnings per share of $0.35, on a non-GAAP basis.
Jeff Sonderman / Poynter:
NBC closes hyperlocal, data-driven publishing pioneer EveryBlock  —  NBC News has shut down EveryBlock, one of the early pioneers of data-driven hyperlocal community news and information.  —  The decision took effect today.  Vivian Schiller, senior vice president and chief digital officer of NBC News …
Ellis Hamburger / The Verge:
Inbox Unchained: Mailbox just fixed email on the iPhone  —  How a startup outdid both Apple and Google in one fell swoop  —  Gentry Underwood had a feeling that his startup might be making some users depressed.  Orchestra was Apple's Productivity App of the Year 2011, but users were leaving after a few months using the service.
John Paczkowski / AllThingsD:
Confirmed: BlackBerry to Stop Selling Smartphones in Japan  —  Looks like the global rollout of BlackBerry's new flagship smartphones will not extend to the entire globe.  Certainly it won't include Japan.  —  Confirming news first reported by the Nikkei, a BlackBerry spokeswoman told AllThingsD Thursday …
Mary Jo Foley / ZDNet:
Microsoft's ‘Blue’ wave is coming to more than just Windows  —  Summary: Blue isn't just the codename of the next version of Windows.  It also is the codename for updates to Windows Phone, Windows Server and Windows Services, I'm hearing.  —  As we've known for a few months …
Loek Essers / CFOworld:
Facebook deleted all EU facial recognition data, regulators confirm  —  Both the Irish data protection commissioner and a German regulator confirmed Facebook deleted the data  —  Facebook has deleted all European facial recognition data, the Irish data protection commissioner …
George Avalos / Mercury News:
Silicon Valley job growth has reached dot-com boom levels, report says  —  Silicon Valley's job growth has returned to dot-com boom levels and San Francisco has emerged as a major new tech hub.  But good times have not returned for all area residents and ethnic groups.
Jason Del Rey / AdAge:
Facebook Deal to Buy Microsoft's Atlas Coming As Soon As Next Week  —  Social Network Is Building An Ad Stack to Rival Google  —  Microsoft's attempt to find a new home for its Atlas ad-serving business may finally be coming to an end.  The company is expected to announce a deal to sell …
Ken Yeung / The Next Web:
CoTweet founders launch Seesaw for iPhone, an app that gets your friends' opinion when you need it  —  The last time Aaron Gotwalt, Jesse Engle, and Kyle Sollenberger worked together was when they founded the social media marketing platform CoTweet.  It eventually was acquired by email service provider Exact Target.
NPD Group:
37 Percent of PC Users Migrate Activities to Mobile Devices, According to The NPD Group  —  Content that was once primarily accessed by consumers on their PCs, is shifting to mobile devices.  According to the Connected Intelligence Application and Convergence Report from global information company …
Stacey Higginbotham / GigaOM:
More bad news about broadband caps: Many meters are inaccurate  —  For the 64 percent of Americans whose internet service provider imposes a broadband cap, and for those lucky enough to have a meter, I have some bad news.  The president of the firm who audits many of the country's broadband meters …
More: Policy BlogThanks:@katiefehren
JP Mangalindan / Fortune:
eBay is back!  —  Supercharged by PayPal, the e-commerce company and its stock are red-hot.  Watch out, Amazon!  —  FORTUNE — “I'd like to take you on a journey.”  A group of 2,500 eBay employees is assembled at the San Jose Civic, a concert venue a few miles from company headquarters.
Thanks:@jpmanga
Zack Whittaker / ZDNet:
Sprint Q4: Loss widens, 1 million subscribers jump ship  —  Summary: The cellular giant saw its quarterly loss widen as more than 1 million subscribers left the company, thanks to the Nextel side of the business.  —  Zack Whittaker  —  Continuing its running streak of weak performance …

Sponsor Posts

Microsoft:
Microsoft to modernize Special Olympics, raise system to the cloud  —  “We're so excited.  This is going to change our world.” says Special Olympics Chief Executive Officer Janet Froetscher.
Zoho:
Discover better ways to exceed customer expectations - Introducing Customer Surveys in Zoho CRM  —  Zoho Survey is now integrated with Zoho CRM.  If your CRM is the lifeline of your business …
SAY Media / SAY Daily:
The First Brands Doing Cool Things with Beacons  —  The technology for beacons has been lingering out there since the launch of iOS 7, but it's only now that people are starting to notice.
AdExchanger:
GRP 2.0: How To Defibrillate An Old Metric With Fresh Data  —  The gross rating point (GRP) has time - and money, in the form of TV budgets - on its side, but a slew of new entrants in TV-to-digital measurement could disrupt what was once a Nielsen-run show.
 

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