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Techmeme
October 18, 2012, 7:05 PM
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Top News

Alex Wilhelm / The Next Web:
Google dives after reporting $14.10 billion in revenue and earnings per share of $6.53  —  Update: Trading of Google has been halted.  The exact cause of the cessation is not yet known.  TNW is on the case.  More shortly.  —  Today Google announced its quarterly earnings …
AllThingsD:
What's Really Going on With Color: A Small Apple Talent Acquisition  —  You'd be forgiven if you were confused by the swirl of stories around the social video start-up Color in the past 24 hours.  —  First, a leaked internal memo said the company was winding down.
Charles Graeber / Wired:
Megaupload Is Dead.  Long Live Mega!  —  They've been indicted by the U.S. government for conspiracy and briefly thrown in jail, but Kim Dotcom and his partners in the digital storage locker Megaupload have no intention of quitting the online marketplace.  —  Instead the co-defendants plan …
Alex Wilhelm / The Next Web:
Weak Windows makes Microsoft miss in fiscal Q1: Revenue of $16.01B and earnings per share of $0.53 are under estimates  —  Today Microsoft reported its first quarterly (fiscal 2013) financial performance.  For the three month period, the firm had revenues of $16.01 billion, and earnings per share of $0.53.
David Carr / Media Decoder:
Newsweek to Cease Print Publication at End of Year  —  Updated Newsweek, the weekly magazine that for decades summarized the news for households across the United States but struggled to maintain relevance in the Internet era, announced on Thursday that it would cease print publication at the end of the year.
Myriam Joire / Engadget:
Google launches 11.6-inch ARM-based Samsung Chromebook: $249, ultra thin and light, 6.5-hour battery, 1080p video  —  Google just launched the latest iteration of its Chrome OS-based laptop here in San Francisco — the $249 11.6-inch Samsung Chromebook.  It's ARM-based (fanless) …
Katherine Rushton / Telegraph:
Apple ordered to reveal profit margins  —  Apple has been dealt a double blow after a US judge said it should be forced to reveal sensitive information about its profit margins and the technology giant lost a legal battle in Britain.  —  Apple, the maker of the iPhone …
More: CNET
Mark Jardine / Tapbots:
Tweetbot for Mac is Finally Here!  —  We are very happy to announce that Tweetbot for Mac is finally available for sale on the Mac App Store!  It's been a long (and bumpy) road, but we are glad we have finally made it to the 1.0 milestone.  This is our first official Mac App from Tapbots …
Florian Mueller / FOSS Patents:
Non-infringement finding and publicity order over Samsung Galaxy Tab upheld by UK appeals court  —  Earlier today there were various media reports on a UK appeals court decision in Samsung's favor against Apple with respect to the non-infringement of a Community design (EU equivalent of U.S. design patent) …
BBC:
Apple loses UK tablet design appeal versus Samsung
Matt Brian / The Next Web:
Nokia's Q3 2012: $754 million operating loss, $9.49 billion in net sales, 2.9 million Lumia phones sold
Brendan Sasso / Hillicon Valley:
AT&T sounds alarm over Sprint's Clearwire deal  —  AT&T is urging regulators to take a close look at Sprint's recent deals with Softbank and Clearwire.  —  Softbank, a Japanese cellphone service provider, has agreed to buy control of Sprint, the third largest U.S. carrier.
Sean Hollister / The Verge:
AMD loses $157 million on $1.27 billion revenue in Q3, will lay off 15 percent of workers  —  We'd heard AMD would have bad news this quarter, and here it is: a quarterly loss of $157 million, revenues down 10 percent, and a 15 percent workforce reduction.  Today, AMD reported Q3 2012 revenue …
Wall Street Journal:
Fashion Site Gilt Puts Jetsetter up for Sale  —  Gilt Groupe Inc. has put its Jetsetter unit up for sale and is seeking as much as $50 million for the luxury travel site, a person familiar with the effort said.  —  The Internet-based fashion company has been pitching Jetsetter …
More: Betabeat and PandoDaily
Liz Gannes / AllThingsD:
Nobody “Goes Online” Anymore  —  A large survey of Internet users found that they say they spend fewer hours per week online than they did a year ago.  —  Wait, really?  —  Well, it's a matter of perception.  This was a Forrester survey, and people were asked how much time they spend using the Internet.

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From Mediagazer

Joe Flint / Wall Street Journal:
Sources: David Ellison has asked CNN CEO Mark Thompson to stay on after the WBD acquisition closes; Thompson's current deal extends into 2027

Raquel Coronell Uribe / NBC News:
The White House once again removes CNN from the press pool traveling with Trump; the judge's order only addressed access to White House grounds

Charlotte Tobitt / Press Gazette:
A US judge dismisses Penske Media's lawsuit against Google over traffic and revenue loss due to AI Overviews since Google never promised any traffic to Penske

More News

Earlier Picks

Sharif Sakr / Engadget:
Verizon reports Q3 wireless service revenues up 7.5 percent, LTE now available to 250 million people
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