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11:35 AM ET, October 22, 2008

Techmeme

 Top Items: 
Om Malik / GigaOM:
7 Real Reasons Why iPhone Is a Smash Hit  —  Love it or hate it...there is no denying that Apple's iPhone is not only a game changer but a certifiable hit.  Apple shared some interesting stats about the iPhone today.  I culled some of the more interesting facts come from the transcript …
RELATED:
John Markoff / Bits:
Read My Lips: Apple Is a Netbook Maker  —  Steve Jobs appeared as a surprise “special guest” on Apple's earnings call Tuesday afternoon.  —  Mr. Jobs, Apple's chief executive, has not taken part in one of the company's conference calls with analysts since 2000, according to the company.
Tom Krazit / CNET News:
Why the iPhone is now Apple's most important product  —  When Apple Steve Jobs introduced the iPhone in January 2007, even he might not have realized how soon it would become a huge part of Apple's business.  —  (Credit: Declan McCullagh/CNET News)  —  The rampant success of the iPhone …
Sam Diaz / Between the Lines:
Steve Jobs to Wall Street: Apple is positioned to ride economic storm
Discussion: Big Tech, Digital Daily and 9 to 5 Mac
Apple:
Apple Reports Fourth Quarter Results
John Gruber / Daring Fireball:
The Phone Company  —  For a long time — the entire decade …
Discussion: Cult of Mac and 9 to 5 Mac
Saul Hansell / Bits:
Steve Jobs's Home Run With the iPhone
John Paczkowski / Digital Daily:   Apple the Acquirer?  —  With $25 billion in cash and short …
Seeking Alpha:
Apple F4Q08 (Qtr End 9/27/08) Earnings Call Transcript
Discussion: Venture Chronicles and Apple 2.0
AT&T:
Strong Wireless Gains, Sound Operational Execution Highlight AT&T's Third Quarter; Results Led by 2.4 Million iPhone 3G Activations, Rapid Wireless Data Growth  — $0.55 reported earnings per diluted share versus $0.50 in the year-earlier quarter  — $0.67 adjusted earnings per diluted share …
RELATED:
Dan Frommer / Silicon Alley Insider:
Apple's iPhone Boosts AT&T's Wireless Business, But Whacks Profits  —  Why did AT&T (T) make sacrifices to become Apple's (AAPL) official U.S. iPhone carrier?  Because it's leading the company in growth: AT&T says it activated 2.4 million (about a third of Apple's 6.9 million total) …
Gmail Blog:
New in Labs: Canned Responses  —  Hello, you've reached Chad's mailbox.  Thanks for your email about the latest Labs feature: Canned Responses, or email for the truly lazy.  I'm on paternity leave so I won't be able to respond personally.  Instead, I hope you'll enjoy this automated message.
Michael Arrington / TechCrunch:
Jerry Yang Email To All Yahooers: 10% Of You Are Fired  —  Yahoo CEO Jerry Yang sent the email below to all Yahoo'ers at 2:20 pm PST, after earnings were announced.  Besides being all lowercase, as usual, he lets everyone know that the company will be letting 10% of employees go to help save $400 million in annual costs.
RELATED:
Chris Morrison / VentureBeat:
Metaplace raises more funding to be the MySpace of virtual worlds  —  Metaplace, a company that will allow anybody to build their own virtual world and access it through through an ordinary web browser, has taken $6.7 million in funding as it nears a public release.
Discussion: GigaOM
RELATED:
Jason Kincaid / TechCrunch:
Metaplace Raises $6.4 Million For Custom Virtual Worlds
Discussion: Startup Wire
Eric Savitz / Tech Trader Daily:
SanDisk Shrs Plunge As Samsung Withdraws Takeover Bid  —  SanDisk (SNDK) shares are sharply lower this morning after Samsung withdrew its offer to acquire the company.  —  In a letter to SanDisk disclosed late yesterday, Samsung Electronics CEO Yoon Woo Lee said he is “disappointed” that the two companies could not reach an agreement.
Discussion: The Core Truth and Business Wire
RELATED:
Brooke Crothers / CNET News:
Samsung withdraws offer to buy SanDisk
Michael Arrington / TechCrunch:
Like.com's Perfect Timing: $32 Million Series C Round  —  Silicon Valley based Like.com managed to raise a monster round of financing at just the right time: $32 million in Series C round of funding that closed in August, led by Menlo Ventures.  Crosslink Capital also joined the round, as well as all previous investors.
Suzanne Tindal / ZDNet.com.au:
Intel slams ‘slow’ iPhone ARM CPU  —  Any speed shortcomings in Apple's iPhone were the fault of its rival chipset manufacturer ARM, a senior Intel executive said in Taiwan yesterday.  —  “The shortcomings of the iPhone are not because of Apple,” Intel's director of ecosystems …
Karen E. Klein / Business Week:
The Growing Frustration of eBay Sellers  —  Changes at eBay, especially its new ratings feedback policy, have many longtime sellers angry.  Some are even leaving for upstart sites like Shopify  —  When Julie Rodarte and her husband started selling on eBay (EBAY) six years ago, they stored their meager inventory in the family garage.
Discussion: CrunchGear
Jonathan Skillings / Crave:
T-Mobile delivers the G1 (aka Android) phone  —  This was the first G1 sold, at a T-Mobile store in San Francisco.  —  (Credit: James Martin/CNET News)  —  T-Mobile USA on Wednesday made the formal, nationwide launch of its G1, the first phone to run Google's Android operating system.
Chris Mellor / The Register:
EMC's double-digit growth run will finish this quarter  —  For the good times...  Storage industry bellwether EMC has delivered its 21st consecutive double digit growth quarter with revenues of $3.76bn for the third quarter.  These are up 13 per cent on last year's revs, which were $3.3bn.
LarsBrubaker / Reflexive Arcade:
Reflexive is acquired by Amazon.com  —  Here at Reflexive we've got some really big news - and I wanted you to hear it directly from me, Lars Brubaker, CEO of Reflexive.  —  Reflexive Entertainment Inc. has been acquired by Amazon.com!  —  As I'm sure you can all imagine this is a very exciting day for us at Reflexive.
 
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 More Items: 
Associated Press:
Sprint to join rivals in cutting termination fees
Discussion: Boy Genius Report and Electronista
Rich Miller / Data Center Knowledge:
A Look At Google's Newest Data Center
Discussion: DailyTech and Slashdot
Guardian:
In praise of ... Lawrence Lessig
BBC:
Gizmo puts cold callers on hold
Discussion: Slashdot
Greg Sandoval / CNET News:
Will record labels control digital-music lockers?
Discussion: mathewingram.com/work
Andrea Chalupa / Portfolio:
Recession Proof Alert: Online Video
Dan Goodin / The Register:
Skype (kinda, sorta) shields Mac kiddies from VoIP smut
Newsosaur / Reflections of a Newsosaur:
Fat newspaper profits are history
Discussion: Beyond Search
 Earlier Items: 
Miriam Marcus / Forbes:
Bad Day For Midway  —  Sumner Redstone's videogame publisher …
Discussion: Kotaku, VideoGamer.com and Edge Online
Jason / Signal vs. Noise:
Introducing WysiHat: An eventually better open source WYSIWYG editor
Schneier on Security:
Quantum Cryptography
Simpson L. Garfinkel / Technology Review:
Wikipedia and the Meaning of Truth
 

 
From Mediagazer:

Chris Thompson / Defector:
Vice leadership failed to act as responsible stewards of a good product, and instead paid themselves lavish salaries and burned through hundreds of millions

Sara Fischer / Axios:
NPR affiliate WAMU is shutting down local news site Dcist and laying off 15 employees to focus on audio and plans to add 10 new positions

Brian Steinberg / Variety:
WBD reports Q4 revenue down 7% YoY to $10.3B, adjusted EBITDA down 5% YoY to $2.5B, 97.7M global streaming subscribers, and a $103M streaming profit for 2023

 
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