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April 25, 2012, 8:35 AM
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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.
Dan Frommer / ReadWriteWeb:
Apple's Huge Quarter in Charts  —  Apple posted another monster quarter, just as some were starting to doubt it.  —  Again, Apple's most impressive statistic is its overall sales growth: With more than $39 million in revenue last quarter, Apple's sales grew 59% year-over-year, far faster than its peers.
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.
Zack Whittaker / ZDNet:
How far does Google Drive's terms go in ‘owning’ your files?  —  Summary: Dropbox and Microsoft's SkyDrive allows you to retain your copyright and IP rights to the work you upload to the service.  Google Drive, however, takes everything you own.  —  Within hours of Google launching …
Steve Kovach / Business Insider:
A Lot Of People Are Freaking Out Over Google Drive For Nothing*  —  We've been seeing a few tweets from people who are worried how Google's recently updated terms of service will affect Google Drive.  —  Specifically, it's this section that has people talking:
Michael Arrington / Uncrunched:
Some Investors May Request Protection From Acqui-Hires  —  Inside baseball warning, but I like writing about the things being discussed that the press never really picks up on.  —  Acqui-hires, if you aren't aware, are the acquisitions of startups by large companies (usually Facebook …
Sebastian Anthony / ExtremeTech:
Think GPS is cool?  IPS will blow your mind  —  For all of their awesome applications — from portable navigation devices, to self-driving cars, to cruise missile targeting — the American Global Positioning System and its Russian cohort GLONASS have two fundamental flaws: They don't work indoors …
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.
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.
Connie Loizos / PE Hub Blog:
Andreessen Horowitz Has “Nearly Returned” Fund One, Yet Critics Remain  —  Andreessen Horowitz has been shaking things up since debuting on the venture scene nearly three years ago; this week is no different.  —  After the New York Times published a recent piece, highlighting …
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 …
Stephen Shankland / CNET:
Chrome for Android to come out of beta ‘in weeks’  —  Google expects to bring its Chrome browser for Android out of beta testing “in a matter of weeks.”  So said Sundar Pichai, senior vice president of Chrome and Apps, in an interview yesterday, shortly after Google released a Chrome …
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 …
Danny Sullivan / Search Engine Land:
Google Launches Update Targeting Webspam In Search Results  —  Google has announced that it is releasing a new search algorithm that it hopes will better catch people who spam its search results or purposely do things to rank better that are against Google's publishers guidelines.
Aaron Souppouris / The Verge:
ACTA ‘highly intrusive’ to individuals, says European Data Protection Supervisor  —  The European Data Protection Supervisor (EDPS) has given an opinion in his official capacity on ACTA, an anti-counterfeiting trade agreement which has been criticized for its potential to invade an individual's privacy.
More: Inquirer, Telegraph and BBC
Robin Wauters / The Next Web:
Russia's Yandex invests in Seedcamp to gain closer ties with European startups  —  Exclusive - Yandex, the Russian search and online services giant, has become the first corporation to join the list of angel and institutional investors currently backing Seedcamp, Europe's leading early-stage micro seed fund and mentoring programme.
Chris Anderson / Wired:
The Man Who Makes the Future: Wired Icon Marc Andreessen  —  He's not a household name like Gates, Jobs, or Zuckerberg.  His face isn't known to millions.  But during his remarkable 20-year career, no one has done more than Marc Andreessen to change the way we communicate.
More: Gizmodo and Business Insider.  Tweets: @bhorowitz

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From Mediagazer

Matthew Belloni / Puck:
Sources: David Ellison told execs he will move Paramount out of California if AG Rob Bonta doesn't negotiate a settlement of the WBD antitrust case by October 1

Wall Street Journal:
Ari Emanuel's Mari agrees to buy British theater group ATG Entertainment from PE firm Providence, sources say in a deal valuing ATG at ~£4.5B including debt

Reuters:
RTL reports H1 revenue up 4% YoY to €2.9B and raises its FY revenue forecast to between €7.1B and €7.2B, accounting for the June acquisition of Sky Deutschland

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