Techmeme
July 18, 2013, 11:05 PM

Top News

Microsoft:
Microsoft reports fourth-quarter and full-year results  —  REDMOND, Wash. — July 18, 2013 — Microsoft Corp. today announced quarterly revenue of $19.90 billion for the quarter ended June 30, 2013.  Operating income, net income, and diluted earnings per share for the quarter were $6.07 billion, $4.97 billion, and $0.59 per share.
Google:
Google Inc. Announces Second Quarter 2013 Results  —  Google today announced financial results for the quarter ended June 30, 2013.  “Google had a great quarter with over $14 billion in revenue - up 19% year-on-year,” said Larry Page, CEO of Google.  “The shift from one screen to multiple screens …
Claire Cain Miller / New York Times:
Google Results Show Struggle With Mobile  —  SAN FRANCISCO — Halfway through a year in which Google's stock price had climbed 27 percent, its financial report Thursday indicated to investors that its performance had not matched their expectations.  —  Google reported second-quarter results …
Kevin Poulsen / Wired:
MIT Moves to Intervene in Release of Aaron Swartz's Secret Service File  —  Lawyers representing MIT are filing a motion to intervene in my FOIA lawsuit over thousands of pages of Secret Service documents about the late activist and coder Aaron Swartz.  —  Two weeks ago U.S. District Judge …
Mark Spoonauer / LAPTOP Magazine:
Verizon Edge Upgrade Plan Launches August 25th: How it Stacks Up  —  Verizon Wireless has officially jumped on the smartphone upgrade bandwagon, looking to battle AT&T Next and T-Mobile Jump with its own Edge plan.  Available starting August 25th, Verizon Edge spreads the full retail cost …
Mark Gurman / 9to5Mac:
iWatch's novelty emerges as Apple taps sensor and fitness experts  —  Apple's Tim Cook, Bob Mansfield, Kevin Lynch  —  Apple has begun assembling a team of hardware and software engineering, medical sensor, manufacturing, and fitness experts, indicating the company is moving forward …
Chelsey Dulaney / Bloomberg:
RetailMeNot Raises $191 Million Pricing IPO at Midpoint of Range  —  RetailMeNot Inc. (SALE:US), a provider of online coupons from more than 60,000 retailers and brands worldwide, raised $191 million in its U.S. initial public offering, pricing its shares at the midpoint of the range.
Anthony Ha / TechCrunch:
The New York Times Will Release A Gesture-Controlled News App For Leap Motion  —  The New York Times says it plans to release a Top News app for Leap Motion, the soon-to-be-released controller that will allow users to interact with their computers through gestures — in fact …
Juli Clover / MacRumors:
Apple Releases MacBook Air Software Update to Fix Photoshop Screen Flickering and Wi-Fi Connection Issues  —  Apple today released an update for the Mid-2013 MacBook Air to fix both an issue that caused some users to experience severe flickering when using Adobe Photoshop and a bug that caused …
Rebecca Grant / VentureBeat:
Web analytics startup Kissmetrics raises $7M (updated)  —  [Update: 5:30 pm PT — Space Pencil does business as Kissmetrics]  —  Serial entrepreneurs Hiten Shah and Neil Patel have raised $7 million for Kissmetrics, a web analytics startup that helps small e-commerce companies make data-driven decisions.
Derrick Harris / GigaOM:
Google and Microsoft spent a combined $3.4B on infrastructure last quarter  —  Google and Microsoft both announced their latest quarterly earning on Thursday, and while neither was ideal from an investor point of view, both companies did invest large sums of money into building out their web infrastructure.
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