Techmeme
July 20, 2012, 5:15 AM

Top News

Kara Swisher / AllThingsD:
Mayer to Get Close to $60 Million (And Maybe More) in Overall Compensation for Yahoo's Top Job  —  Yahoo revealed in a regulatory filing that it could be paying its new CEO Marissa Mayer a total of close to $60 million to turn the company around.  —  The mega-sum includes salary, equity grants …
Kara Swisher / AllThingsD:
“Yes, Keep Moving”: Marissa Mayer's First Memo to Yahoos (Natch!)  —  While I might abandon my internal memo-quest at Yahoo at some point soon, I wanted to make sure to post the very first one from newly installed — and extraordinarily well-paid — CEO Marissa Mayer.
Tweets: @awallenstein
Brian Proffitt / ReadWriteWeb:
Don't Believe the Doomsayers: Microsoft's Q4 Results Are Good News  —  Despite notching its first-ever quarterly loss, Microsoft's fourth-quarter results beat analyst expectations, giving the software giant some breathing room as it heads into a year of major change.
More: MarketBeat and parislemonTweets: @cdixon
Frederic Lardinois / TechCrunch:
Microsoft Posts $492M Q4 2012 Loss Because Of $6.19B aQuantive Writedown, $18.06B Revenue  —  Microsoft just released its Q4 2012 earnings report, posting just $192M in operating income before taxes and its first ever loss ($492M) due to the writedown the company took because of its failed aQuantive acquisition.
Jolie O'Dell / VentureBeat:
Google nabs $12B for Q2, including a tidy billion from new subsidiary Motorola  —  Google has just released the details of its second-quarter earnings: $12.21 billion in total consolidated revenue, around $1.25 billion of which came from Motorola Mobility, now officially owned by Google.
Mary Jo Foley / ZDNet:
Here are the latest whisper dates for Microsoft's Windows Phone 8, Office 2013  —  Summary: What's the latest scuttlebutt on Microsoft's fall slate of product and services due out this fall?  —  Follow @maryjofoley  —  As we've known, or at least suspected, for a while now …
Brittany Darwell / Inside Facebook:
Facebook testing new Pinterest-inspired design for app stories in News Feed  —  Facebook appears to be testing a layout for Open Graph app stories that is similar in design to Pinterest, with boxes for individual items that allow Likes, comments and other app-specific actions.
Kevin Weil / Twitter Advertising:
New targeting adds greater relevance to your Promoted Tweets  —  It's a fact — brands have been on Twitter since our earliest days.  They use the platform to connect with consumers in meaningful ways, offering everything from special discounts and exclusive content to new product information.
Felix Salmon:
Is Kickstarter selling dreams?  —  My theory, when it comes to buying lottery tickets, is that if you have disposable income to spare, then often the dreams and fantasies that accompany your lottery ticket purchase are in and of themselves worth $1.  This is true not because dreams and fantasies …
Killian Bell / Cult of Mac:
19% Of iOS Apps Access Your Address Book Without Your Permission... Until iOS 6 [Report]  —  Antivirus software specialist Bitdefender has found that nearly 19% of iOS apps access your address book without your knowledge — or your consent — when you're using them, and 41% track your location.
Josh Constine / TechCrunch:
Facebook Begins Testing Sponsored Results, Its First Search Typeahead Ads  —  Heads up, Google.  Facebook is testing a new format of search ads called Sponsored Results that lets advertisers show ads in the Facebook search typeahead to users looking for a particular Page, app, or Place.
Reuters:
Facebook, Wal-Mart chiefs meet to “deepen” relationship  —  (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg is about to add the biggest retail players to his list of friends.  —  Zuckerberg and his senior management team will spend two days at Wal-Mart Stores Inc's Bentonville …
More: Engadget
Steven J. Vaughan-Nichols / ZDNet:
Ubuntu adds WebApps to its Linux desktop  —  Summary: After adding its own cloud service to its Linux desktop, Ubuntu is now integrating Web applications into its currently shipping desktop Linux.  —  Follow @sjvn  —  Portland, OR: At OSCon, Mark Shuttleworth, founder of Canonical …
Ari Levy / Bloomberg:
Kayak Software Raises $91 Million, Prices IPO Above Range  —  Kayak Software Corp. (KYAK), the online travel company, raised $91 million in its initial public offering, pricing the shares above its proposed range.  —  The company sold 3.5 million shares at $26 each, according to data compiled by Bloomberg.
John Cook / GeekWire:
Russian ‘cyber bandit’ arrested for attacks on Amazon.com  —  A 25-year-old Russian man has been arrested for masterminding two denial-of-service attacks on Amazon.com, attacks that occurred in the summer of 2008 and prevented customers from accessing the Web site of the Seattle online retailer.
Stephen Mangan / Reuters:
EU orders Google to change mobile services: report  —  (Reuters) - EU regulators are demanding that Google makes broad changes to its mobile services as talks to settle an antitrust investigation enter their final days, the Financial Times reported on Friday.
Gray Knowlton / The Microsoft Office Blog:
Using the new Office with touch  —  Editor's note: Windows 8 provides a number of platform capabilities for enabling highly responsive touch support in applications, ranging from hardware accelerated graphics and improved touch targeting to the a new app platform that makes it easy to build touch-optimized Windows 8-style apps.

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Ben Jones / TorrentFreak: