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February 8, 2013, 12:30 AM
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Top News

Apple:
Statement by Apple  —  By early last year, Apple's cash balance had built to a point beyond what we needed to run our business and maintain flexibility to take advantage of strategic opportunities, so we announced a plan to return $45 billion to shareholders over three years.
Wall Street Journal:
Apple Cash Pile Sets Off a Battle  —  Apple Inc. Chief Executive Tim Cook is facing a new reality: delivering steady results from one of the world's most valuable companies is no longer good enough.  —  For nearly 18 months, Mr. Cook has kept a stream of new products rolling …
Michael J. De La Merced / DealBook:
Einhorn to Sue Apple Over Plan to Discard Preferred Stock
Paul Burstein / Twitter Blog:
Now showing: Older Tweets in search results  —  Yesterday, we updated our Android, iOS and mobile web apps to make it easier for you to find relevant content when you're on the go.  We also started to roll out an additional update on our mobile apps as well as on twitter.com: you'll now be able to find older Tweets using search.
Mike Isaac / AllThingsD:
In One Fell Swoop, Facebook Glitch Deep-Sixes the Web  —  Now we may know how powerful Facebook really is.  —  On Thursday, many major websites were taken down by an error that stemmed from Facebook, as Internet mainstays like MSNBC.com, CNN, Yelp and New York Magazine all sent users to redirect pages almost immediately upon loading.
Alex Wilhelm / The Next Web:
LinkedIn crushes Q4 expectations with revenue of $303.6M, EPS of $0.35 as it passes 200 million users  —  Today LinkedIn reported its fourth quarter financial performance, including revenue of $303.6 million, and earnings per share of $0.35, on a non-GAAP basis.
Julia Boorstin / CNBC:
LinkedIn's Changes Are Working, Price Hikes Planned  —  LinkedIn CEO Jeff Weiner says this past quarter was a transformative one for the business network, and investors seem to agree.  Bottom line: the changes LinkedIn has made are working.  Not only has the company overhauled its profiles …
Ed Bott / ZDNet:
Surface Pro versus MacBook Air: Who's being dishonest with storage space?  —  Summary: Microsoft has been pummeled by critics this week over supposedly inadequate storage space in its new Surface Pro.  But those criticisms are horribly flawed.  Big surprise: when you do the disk space math …
Dan Primack / Fortune:
Why did Dell force employees to sell shares?  —  Dell made employees dump shares during buyout discussions.  —  FORTUNE — Three months ago, Dell employees were forced to sell some of their company stock at just $9.55 per share.  Now the company is being sold to founder Michael Dell for $13.65 per share.
Jeff Sonderman / Poynter:
NBC closes hyperlocal, data-driven publishing pioneer EveryBlock  —  NBC News has shut down EveryBlock, one of the early pioneers of data-driven hyperlocal community news and information.  —  The decision took effect today.  Vivian Schiller, senior vice president and chief digital officer of NBC News …
Ellis Hamburger / The Verge:
Inbox Unchained: Mailbox just fixed email on the iPhone  —  How a startup outdid both Apple and Google in one fell swoop  —  Gentry Underwood had a feeling that his startup might be making some users depressed.  Orchestra was Apple's Productivity App of the Year 2011, but users were leaving after a few months using the service.
Jason Del Rey / AdAge:
Facebook Deal to Buy Microsoft's Atlas Coming As Soon As Next Week  —  Social Network Is Building An Ad Stack to Rival Google  —  Microsoft's attempt to find a new home for its Atlas ad-serving business may finally be coming to an end.  The company is expected to announce a deal to sell …
Rip Empson / TechCrunch:
With $2.3M From Vint Cerf & More, Tech Pioneer Judy Estrin Unveils EvntLive, The Web's New Interactive Concert Hall  —  You may not be familiar with her name, but Judy Estrin has quietly become one of Silicon Valley's most successful serial entrepreneurs and executives.
Stacey Higginbotham / GigaOM:
More bad news about broadband caps: Many meters are inaccurate  —  For the 64 percent of Americans whose internet service provider imposes a broadband cap, and for those lucky enough to have a meter, I have some bad news.  The president of the firm who audits many of the country's broadband meters …
More: Policy Blog.  Tweets: @qthrul.  Thanks:@katiefehren

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From Mediagazer

The Wrap:
The FCC votes to repeal the national broadcast ownership cap and replace it with a case-by-case review, approving the measure by a 2-1 margin

Hannah Miller / Bloomberg:
Source: Paramount and the NFL have paused negotiations over a potential increase of 50%+ on CBS's $2.1B/year deal amid legal challenges to its WBD acquisition

Etan Vlessing / The Hollywood Reporter:
Lionsgate reports Q1 revenue up 48% YoY to $776.6M, vs. $693.1M est., net loss of $28.8M, vs. $109M a year earlier, adjusted OIBDA of $79.3M, vs. $65.5M est.

More News

Ben Gilbert / Engadget:
OUYA following mobile model: ‘There will be a new OUYA every year’

Earlier Picks

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