Techmeme
April 24, 2012, 8:25 PM

Top News

Sundar Pichai / The Official Google Blog:
Introducing Google Drive... yes, really  —  Just like the Loch Ness Monster, you may have heard the rumors about Google Drive.  It turns out, one of the two actually does exist.  —  Today, we're introducing Google Drive—a place where you can create, share, collaborate, and keep all of your stuff.
Dana Wollman / Engadget:
Google Drive vs. the competition: pricing plans and perks, compared  —  Sometimes a table says a thousand words.  Now that Google has finally announced its cloud service, Google Drive, we're sure more than a few of you are crunching the numbers in your head in an attempt to figure which is the best deal.
Apple:
Apple Reports Second Quarter Results  —  Record March Quarter Sales of iPhones, iPads and Macs Net Profit Increases 94% Year-over-Year CUPERTINO, California—April 24, 2012—Apple® today announced financial results for its fiscal 2012 second quarter ended March 31, 2012.
Ingrid Lunden / TechCrunch:
Apple Q2 Earnings: Apple Now Has Over $110 Billion In Cash Reserves  —  Apple has once again beaten analysts' expectations with its Q2 results out today, and correspondingly the iPhone giant now has an even stronger cash position than it did before: $110 billion in the six months ended March 31 …
More: eWeek and CNET.  Tweets: @dannysullivan, @hblodget and @poornimagupta
Matt Brian / The Next Web:
Apple's Q2: $39.2B revenue, $11.6B profit with $12.30EPS, 35.1M iPhones, 11.8M iPads sold  —  Apple today announced its earnings for its second fiscal quarter of 2012.  Apple's revenue amounted to $46.33B in Q1.  With earnings of $13.87 per share.  The company's net profit in Q1 was $11.6B.
More: The Loop and 9to5Mac
Adam Satariano / Bloomberg:
Apple Profit Rises 94% on Growing Global Demand for IPhones  —  Apple Second-Quarter Profit Beats Estimates  —  Apple Inc. (AAPL) profit almost doubled last quarter, reflecting robust demand for the iPhone in China as well as purchases of a new version of the iPad tablet …
Susan Decker / Bloomberg:
Apple Found to Violate One Patent on Android Phones  —  Motorola Mobility Holdings Inc. (MMI) won a partial U.S. International Trade Commission judge's ruling in its bid to block imports of Apple Inc. (AAPL)'s devices including the iPhone and iPad tablet computer.
Robert Andrews / paidContent:
Exclusive: Bebo founders, shareholders sue owner for ‘destroying’ site  —  Bebo, which has hit one rocky patch after another the past few years, now has new troubles.  The social network's founders and some other shareholders are suing its current owner, alleging fraud.
More: AllThingsD
James Ball / Guardian:
Cispa cybersecurity bill opposed by Obama administration  —  Hillary Clinton adviser reiterates president's opposition to Cyber Intelligence Sharing and Protection Act ahead of vote  —  A senior State Department official has stressed the Obama administration's opposition …
David Pierce / The Verge:
Barnes & Noble Nook Simple Touch with GlowLight review  —  An ebook reader you can read in the sun — and in the dark Odds are, if I'm reading a book I'm doing it in bed.  At night.  In the dark.  That's not so great for ebook readers, which (like a paper book) require a light in order to be seen.
Alex Wu / Facebook Developer Blog:
Discover native Android apps through Facebook  —  With the latest update to Facebook for Android, we are bringing social app discovery channels to native Android apps.  —  After introducing social app discovery for mobile web apps on Android and native apps on iOS, apps and games like Pinterest …
Rick Borovoy / Google+ Developers Blog:
Introducing the Google+ Share Button  —  When your visitors come across something interesting on your site, sometimes you want to encourage a simple endorsement (like +1).  Other times, however, you want to help visitors share with their friends, right away.  Today's new Google+ Share button lets you do just that.
Adi Robertson / The Verge:
Asteroid mining company Planetary Resources to launch first ‘Arkyd’ spaceship within 24 months  —  After releasing some details this morning, Planetary Resources is outlining its plan to open up deep space exploration by mining near-Earth asteroids (NEAs) for water and precious metals.

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