February 7, 2013, 11:25 PM

Top News

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.
Wall Street Journal:
Apple Cash Pile Sets Off a Battle  —  Apple Inc. Chief Executive Tim Cook is facing a new reality: delivering steady results from one of the world's most valuable companies is no longer good enough.  —  For nearly 18 months, Mr. Cook has kept a stream of new products rolling …
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 …
Paul Burstein / Twitter Blog:
Now showing: Older Tweets in search results  —  Yesterday, we updated our Android, iOS and mobile web apps to make it easier for you to find relevant content when you're on the go.  We also started to roll out an additional update on our mobile apps as well as on you'll now be able to find older Tweets using search.
Ed Bott / ZDNet:
Surface Pro versus MacBook Air: Who's being dishonest with storage space?  —  Summary: Microsoft has been pummeled by critics this week over supposedly inadequate storage space in its new Surface Pro.  But those criticisms are horribly flawed.  Big surprise: when you do the disk space math …
Mike Isaac / AllThingsD:
In One Fell Swoop, Facebook Glitch Deep-Sixes the Web  —  Now we may know how powerful Facebook really is.  —  On Thursday, many major websites were taken down by an error that stemmed from Facebook, as Internet mainstays like, CNN, Yelp and New York Magazine all sent users to redirect pages almost immediately upon loading.
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.
Dan Primack / Fortune:
Why did Dell force employees to sell shares?  —  Dell made employees dump shares during buyout discussions.  —  FORTUNE — Three months ago, Dell employees were forced to sell some of their company stock at just $9.55 per share.  Now the company is being sold to founder Michael Dell for $13.65 per share.
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 …
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.
More: Business InsiderThanks:@jpmanga
Rip Empson / TechCrunch:
With $2.3M From Vint Cerf & More, Tech Pioneer Judy Estrin Unveils EvntLive, The Web's New Interactive Concert Hall  —  You may not be familiar with her name, but Judy Estrin has quietly become one of Silicon Valley's most successful serial entrepreneurs and executives.
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 BlogTweets: @qthrulThanks:@katiefehren

Sponsor Posts

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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