Techmeme
April 21, 2013, 4:30 AM

Top News

Marc Rogers / The Official Lookout Blog:
The Bearer of BadNews  —  Overview  —  Lookout has discovered BadNews, a new malware family, in 32 apps across four different developer accounts in Google Play.  According to Google Play statistics, the combined affected applications have been downloaded between 2,000,000 - 9,000,000 times.
Spencer E. Ante / Wall Street Journal:
IBM Takes a Beating  —  Shares Plunge 8% as Revenue Drop Rattles Investors  —  All winning streaks come to an end.  For International Business Machines Corp., the moment came this week.  —  After reporting profits that at least met Wall Street's expectations for 31 straight quarters dating …
T.C. Sottek / The Verge:
Several CBS Twitter accounts hijacked by Syrian conflict propagandists (update)  —  CBS has confirmed on Twitter that several of its accounts were compromised earlier today, including those for 60 Minutes, 48 Hours, and a local Denver affiliate.  While the perpetrator of the hijack is unknown …
Jay Rossite / The Yahoo! Yodel:
Andrew Huang / bunnie's blog:
The $12 Gongkai Phone  —  How cheap can you make a phone?  —  Recently, I paid $12 at Mingtong Digital Mall for a complete phone, featuring quad-band GSM, Bluetooth, MP3 playback, and an OLED display plus keypad for the UI.  Simple, but functional; nothing compared to a smartphone …
More: Gizmodo and SlashGear.  Tweets: @scottjenson
Rich Miller / Data Center Knowledge:
Report: Facebook is Iowa's Mystery Data Center Prospect  —  Will a huge data center like this one rise in Altoona, Iowa?  Local sources say Facebook is the company behind Altoona's Project Catapult.  This is a look at the Facebook data center in Forest City, North Carolina.  (Photo: Rich Miller)
TechCrunch:
Another Win For Flat Design As Facebook Gives Its F Logo & Other Icons A Flatter, Cleaner Look  —  Facebook has given its main “f” logo icon a makeover, flattening the design by removing the pale blue bar along the bottom, which gave the icon a reflective sheen/slight 3D effect …
Jay Yarow / Business Insider:
Apple's Stock Not As Doomed As You Think  —  Wall Street has basically given up on Apple.  —  The stock has tanked more than 40% from a peak of $702 last September to a new low of about ~$406 this morning.  —  The stock is also now trading at a price/earnings ratio of 9X.
Shara Tibken / CNET:
AMD nabs Apple graphics chip designer  —  The PC and server chipmaker will soon announce Raja Koduri is joining AMD's team to work on graphics chip design, CNET has exclusively learned.  —  Advanced Micro Devices will soon announce it has hired a former Apple graphics chip designer to bolster …
Josh Constine / TechCrunch:
Y Combinator's Paul Graham Takes His First Ever Board Seat With Healthcare Crowdfunding Non-Profit Watsi  —  Y Combinator founder Paul Graham is a father figure to countless startups he's helped accelerate, but had never taken a board of directors seat until now.
More: The Next Web.  Tweets: @paulg.  Thanks:@alexia

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