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11:45 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 …
Saul Hansell / Bits:
Steve Jobs's Home Run With the iPhone  —  Apple generates so much hype and gratuitous superlatives that it can be hard to distinguish when it has done something that is truly remarkable.  But going over what Apple said in its earnings release and conference call Tuesday …
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
Tom Krazit / CNET News:
Apple CEO Steve Jobs holds court on earnings day
Discussion: Dollars and Sense
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
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.
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 and RotorBlog.com
RELATED:
Jason Kincaid / TechCrunch:
Metaplace Raises $6.4 Million For Custom Virtual Worlds
Discussion: Startup Wire
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:
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.
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
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.
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
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.
Discussion: eWeek and Reuters
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: 
Leslie Poston / Mashable!:
Animoto Launches Mashup Service for Professional Photographers
Discussion: VentureBeat and AppScout
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
 Earlier Items: 
Newsosaur / Reflections of a Newsosaur:
Fat newspaper profits are history
Discussion: Beyond Search
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