February 8, 2013, 7:30 AM

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 …
How Einhorn turned from Apple advocate to agitator  —  (Reuters) - Hedge fund star manager David Einhorn was arguably Apple Inc's biggest cheerleader on Wall Street with a stake worth about $600 million and an oft-cited prediction that the company's market value would hit $1 trillion some day.
More: Fortune
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.
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.
Jennifer Van Grove / CNET:
LinkedIn eyes future as professional publishing hub  —  The company seems set on making business content, not social networking, the focus of the site.  —  LinkedIn spent much of 2012 transforming itself into a place where workers could stay and play awhile — a strategy that paid off handsomely.
Alex Wilhelm / The Next Web:
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 …
Canalys Newsroom:
Android powered a third of all mobile phones shipped in Q4 2012  —  Shanghai, Palo Alto, Singapore and Reading - Thursday, 7 February 2013  —  Canalys has published its final mobile phone shipment estimates across the 50+ countries that it tracks.  The total mobile phone market …
Filipe Alves / Reuters:
Google must extend payments across Europe for use of content  —  (Reuters) - Google Inc must extend its offer made last week to pay French publishers for use of their content to all media companies across Europe, the head of the European Publishers Council said on Thursday.
More: Engadget
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.
Ingrid Lunden / TechCrunch:
AOL Q4 2012 Beats The Street On Revenues Of $600M, Showing Its First Revenue Growth In 8 Years  —  AOL (owner of TechCrunch) has just reported earnings for Q4 2012 of $600 million on earnings of 41 cents per share.  That matches analysts expectaions on EPS but beats on revenues of $573.1 million.
Dan Goodin / Ars Technica:
Adobe issues emergency Flash update for attacks on Windows, Mac users  —  Adobe Systems has released a patch for two Flash player vulnerabilities that are being actively exploited online to surreptitiously install malware, one in attacks that target users of Apple's Macintosh platform.
Obama Said Near Issuing Executive Order on Cybersecurity  —  President Barack Obama will issue an executive order aimed at bolstering U.S. cybersecurity as soon as next week, according to two former White House officials briefed on the administration's plans.
Ashby Jones / Wall Street Journal:
Court to Consider When Software Can Be Patented  —  A federal appeals court in Washington, D.C., will hear arguments Friday over a fundamental question that has vexed the technology industry for nearly two decades: When is a piece of software patentable?  —  The issue has created a curious split in the technology sector.
More: TechCrunch and Reuters
Russell Brandom / The Verge:
Four years in the Pirate Bay: director Simon Klose on why file-sharing is still political  —  Filmmaker Simon Klose has spent the last four years following the founders of The Pirate Bay through its legal struggles, technical issues, and ongoing battle with some of the most powerful corporations on Earth.

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