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February 28, 2013, 10:05 AM
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Alistair Barr / Reuters:
Groupon shares crumple after dismal outlook, take-rate cut  —  (Reuters) - Groupon Inc lost a quarter of its market value on Wednesday after the company revealed it began to take a smaller cut of revenue on daily deals during the holidays, sacrificing revenue and profits to attract and keep merchants.
More: Forbes
Alex Wilhelm / The Next Web:
Groupon tanks on missed Q4 revenue of $638.3 million, unexpected loss of $0.12 per share
Anton Troianovski / Wall Street Journal:
Unsold IPhones Piling Up at Leap Wireless  —  For one of the country's prepaid cellphone carriers, a big bet on the iPhone is becoming a big headache.  —  Leap Wireless International Inc., which operates the Cricket cellphone brand, said it is on pace to sell half as many iPhones as it committed …
Apple:
iTunes U Content Tops One Billion Downloads  —  CUPERTINO, CaliforniaFebruary 28, 2013Apple® today announced that iTunes U® content downloads have topped one billion. iTunes U features the world's largest online catalog of free educational content from top schools and prominent libraries …
Casey Newton / CNET:
Sergey Brin: Smartphones are ‘emasculating’  —  During a talk at TED, the Google co-founder says Glass improves on the smartphone experience.  —  Mobile phones may generate the fastest-growing segment of Google's revenue, but the experience of using them still bothers Google co-founder Sergey Brin.
Avram Piltch / LAPTOP Magazine:
E Ink Android Phone Lasts a Week, Weighs Next to Nothing  —  Who would want a smartphone with a grayscale E Ink screen?  Anyone who want days of battery life, superior outdoor readability and low cost should be interested in using the technology in a phone.
Chris Welch / The Verge:
Time Warner Cable says there's no consumer demand for gigabit internet  —  Speaking at the Morgan Stanley Technology Conference moments ago, Time Warner Cable's Chief Financial Officer Irene Esteves seemed dismissive of the impact Google Fiber is having on consumers.
Ingrid Lunden / TechCrunch:
AOL Confirms Susan Lyne As CEO Of Brand Group, Artie Minson Out As COO Role Goes (Memo)  —  AOL today confirmed a couple of big changes at the top of the company, as first reported yesterday by Bloomberg and AllThingsD.  Susan Lyne, the exec who had previously been CEO of Gilt Groupe and an AOL board member …
Rip Empson / TechCrunch:
With $1.8M From Andreessen, Chris Sacca & More, Rental Marketplace Getable Digs Into The $32B Construction Market  —  When we last caught up with Getable, the startup formerly known as Rentcycle, it was announcing that Netflix co-founder Marc Randolph was joining Collaborative Fund founder Craig Shapiro …
More: VatorNews
Alex Fitzpatrick / Mashable!:
ISPs Finally Explain How ‘Six Strikes’ Anti-Piracy Program Will Work  —  Internet Service Providers are finally revealing how they will implement a new anti-piracy system known as “Six Strikes” which has been rolling out this week.  —  The program, officially called the Copyright Alert System …
More: Examiner and Daily Dot
Ernesto / TorrentFreak:
Comcast Punishes BitTorrent Pirates With Browser Hijack  —  Earlier this week when the six strikes system launched, little was known (officially) about the punishments ISPs were planning for persistent pirates.  —  Since then Verizon reinstated their copyright alerts section, revealing the mitigation measured that leaked last month.
MIT Technology Review:
An Autopsy of a Dead Social Network  —  Following the collapse of the social network Friendster, computer scientists have carried out a digital autopsy to find out what went wrong  —  Friendster is a social network that was founded in 2002, a year before Myspace and two years before Facebook.
Steve Lohr / New York Times:
I.B.M. Exploring New Feats for Watson  —  I.B.M.'s Watson beat “Jeopardy” champions two years ago.  But can it whip up something tasty in the kitchen?  —  That is just one of the questions that I.B.M. is asking as it tries to expand its artificial intelligence technology and turn Watson …
Evelyn M. Rusli / Wall Street Journal:
LinkedIn: The Ugly Duckling of Social Media  —  Shares of Facebook Inc., Zynga Inc. and Groupon Inc. tanked after their rocky stock-market debuts.  But LinkedIn Corp.'s stock is still soaring, closing at an all-time high of $168.55 on Wednesday.  —  That may be because of people such as Chris Hoyt …
Dave Lee / BBC:
Court orders UK ISPs to block more piracy sites  —  The BPI says blocking sites helps protect the revenue streams needed to create new music  —  The High Court has ordered the UK's major internet service providers to block three websites offering links to pirated material.
Frederic Lardinois / TechCrunch:
Online Radio Service TuneIn Adds Recommendation Engine And Google+ Sign-In Integration  —  TuneIn, the popular online radio service that lets users listen to over 70,000 radio stations from around the world, just announced the launch of TuneIn Live, the company's new service for helping listeners discover new audio content.
Scott Webster / CNET:
Big screens and Jelly Bean mark Android trends at Mobile World Congress  —  The annual conference yields plenty of new Android products but what do they have in common?  —  As expected, the annual Mobile World Congress has delivered an army of new Android device devices.
Ellyne Phneah / ZDNet:
China says US regularly hacks its military sites  —  Summary: Web sites of Defense Ministry and China Military Online were hacked approximately 144,000 times per month in 2012, with over 60 percent of IP addresses originating from the U.S., says China's defense ministry.  —  Ellyne Phneah
Tom Phillips / Eurogamer.net:
EA putting micro-transactions “into all of our games”  —  “Consumers are enjoying and embracing that way of business.”  —  EA is building micro-transactions into all of its PC and console games, the company has announced.  —  The decision comes despite the recent controversy surrounding micro-transactions …
Tom Simonite / MIT Technology Review:
To Bolster Search, Facebook Nudges its Users to Help Index the Real World - and Build a Data Store to Rival Google's  —  Facebook Nudges Users to Catalog the Real World  —  Taking aim at Google, the largest social network wants a database describing as many things as possible.  —  WHY IT MATTERS
More: Softpedia News.  Thanks:@tsimonite

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From Mediagazer

Elle Griffin / The Elysian:
Penguin vs. DOJ transcripts: top publishing houses spend most of their money on book advances for big celebrities like Britney Spears and franchise authors

Sara Fischer / Axios:
Puck hires veteran journalist and TV commentator John Heilemann as its chief political columnist and partner, as the outlet expands its presence in Washington

Jennifer Schuessler / New York Times:
PEN America cancels its 2024 literary awards ceremony, set for April 29, after months of protests over the organization's response to the war in Gaza

More News

Sruthi Gottipati / India Ink:
‘Hole in the Wall’ Wins Indian Educator $1 Million TED Prize

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