Techmeme
January 23, 2014, 5:50 PM

Top News

Microsoft:
Microsoft Reports Record Revenue of $24.52 Billion in Second Quarter  —  Double-digit growth in Commercial and Devices and Consumer segments drives record revenue.  — REDMOND, Wash. — January 23, 2014 — Microsoft Corp. today announced revenue of $24.52 billion for the quarter ended December 31, 2013.
Todd Bishop / GeekWire:
Microsoft beats earnings, ships 7.4 million Xboxes, doubles Surface revenue  —  Microsoft posts record revenue of $24.5B, beats earnings expectations in holiday quarter  —  Microsoft just announced revenue of $24.5 billion for the December quarter, up 14 percent from the same quarter a year ago …
More: USA TodayTweets: @codepo8
Wall Street Journal:
4½", 5" screen iPhones expected in second half of year, smaller one further along in development, to feature metal casing, plastic casing scrapped  —  Apple iPhones to Come Out With Bigger Screens  —  Facing competition from rivals offering smartphones with bigger screens …
Ellen Nakashima / Washington Post:
Independent review board says NSA phone data program is illegal and should end  —  An independent executive branch board has concluded that the National Security Agency's long-running program to collect billions of Americans' phone records is illegal and should end.
Charlie Savage / New York Times:
Watchdog Report Says N.S.A. Program Is Illegal and Should End  —  WASHINGTON — An independent federal privacy watchdog has concluded that the National Security Agency's program to collect bulk phone call records has provided only “minimal” benefits in counterterrorism efforts, is illegal and should be shut down.
Natasha Lomas / TechCrunch:
iPhone 5s Owners Gobbling “Unprecedented” Levels Of Data, Study Finds  —  Users of flagship smartphones such as Apple's iPhone 5s and Samsung's Galaxy S4 are continuing to suck down more data than their tablet-wielding counterparts, according to a large-scale survey of mobile data consumption …
Kara Swisher / Re/code:
AOL Buys Personalization Startup Gravity for $90 Million in Cash  —  In a bid to add another publishing and advertising tool to its offerings, AOL has acquired personalization startup Gravity for about $90 million in cash.  —  As part of the deal, which is expected to close in the first quarter …
Dennis Berman / Wall Street Journal:
Wal-Mart aims to match Amazon's service offerings in two years, continues warehouse build out  —  Wal-Mart Aims To Match Amazon's Service Offerings  —  Wal-Mart Will Continue To Build Out New Distribution Centers for Online Delivery  —  The head of Wal-Mart Stores Inc. 's e-commerce efforts predicted …
John Biggs / TechCrunch:
Google Glass User Detained By Feds Talks About Ordeal  —  While some businesses are banning the high-tech wearable device Google Glass, a theatre owner in Columbus, Ohio, saw enough of a threat to call the Department of Homeland Security.  The manager called in unnamed Homeland Security agents …
Bloomberg:
Lenovo to Buy IBM Server Unit For $2.3 Billion Amid PC Slump  —  Lenovo Group Ltd., the world's largest maker of personal computers, will buy International Business Machines Corp.'s server business for $2.3 billion.  —  The deal price includes about $2 billion of cash and the rest in Lenovo stock …
Chris Burns / SlashGear:
Qualcomm acquires 1,400 Palm, iPAQ, Bitphone patents from HP  —  This afternoon Qualcomm has announced that they will acquire all of HP's remaining Palm-related patents.  They will also be acquiring from Hewlett-Packard a number of other patents in the mobile sector, including those under the titles' iPAQ and Bitphone.
Chris Kohler / Wired:
Instead of porting its games to other mobile platforms, Nintendo should run its own platform  —  Everything You're Thinking About Nintendo Is Totally Wrong  —  The entire internet has weighed in with what it believes is the answer to Nintendo's financial woes: Go mobile, immediately.
Tweets: @mattbraga and @magicody
Natasha Lomas / TechCrunch:
Nokia Says Lumia & Other Phone Sales Declined In Q4 As It Prepares To Sell Division To Microsoft  —  In what is likely to be Nokia's last quarterly earnings before it hands off its mobile phone making business to Microsoft, the Finnish mobile maker has reported lower sales of Lumia devices in its Q4.
Matthew Panzarino / TechCrunch:
Biz Stone's Jelly Raises Series B Led By Greylock, And Josh Elman Joins The Board  —  Twitter co-founder Biz Stone has raised a Series B round of investment led by Greylock Partners, with Spark Capital participating.  The raise comes just under a year after it raised a Series A round from Spark …
Sarah Perez / TechCrunch:
Watch Out Tumblr, Pinterest Now Supports GIFs  —  Earlier this week, some Pinterest users noticed that the company was experimenting with support for animated GIFs on its site - the popular, moving images that, until recently, defaulted to static photos when pinned.

Sponsor Posts

Microsoft:
Queensland Government partners with Microsoft to bring Office 365 to 149,000 government employees  —  Queensland, the second-largest state in Australia, will partner with Microsoft to bring Office 365 …
Atlassian:
Every team needs kick-ass code reviews  —  Code reviews help spread knowledge and coding best practices throughout a team.  In this article we'll take a look at why code reviews are important, and how to optimize the practice.
Zoho Blogs:
2 Ways Live Chat Can Enhance Your Customer Service  —  Landing a new customer is 5x more expensive than keeping an existing customer.  How do we keep our customers happy?  By providing outstanding support.
Silicon Valley Bank:
Strengthening the U.S. Innovation Economy by Ending Abusive Patent Litigation  —  In Silicon Valley Bank's Innovation Economy Outlook 2014 survey, we asked executives what they see in today's patent system …
 

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