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April 23, 2013, 6:00 PM
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Apple:
Apple Reports Second Quarter Results  —  37.4 Million iPhones Sold; 19.5 Million iPads Sold  —  Apple® today announced financial results for its fiscal 2013 second quarter ended March 30, 2013.  The Company posted quarterly revenue of $43.6 billion and quarterly net profit of $9.5 billion, or $10.09 per diluted share.
Matthew Panzarino / The Next Web:
Apple Q2 '13: Beats with $43.6 B rev, $9.5B profit at $10.09 EPS, with 37.4M iPhones sold, 19.5M iPads  —  Apple today announced its earnings for its second fiscal quarter of 2013.  Apple's revenue amounted to $43.6 billion in Q2.  With earnings of $10.09 per share.  Apple posted $9.5 billion in profit.
Adam Satariano / Bloomberg:
Apple Returning $55 Billion to Investors as Forecast Trails  —  Apple Inc (AAPL). forecast sales that missed analysts' predictions and said it will return $55 billion in cash to shareholders in a push to compensate for a stock price that's been hammered by signs of slowing growth.
Jordan Crook / TechCrunch:
Apple Sells 37.4M iPhones And 19.5M iPads In Q2, Tablet Business Shows 65% YOY Growth  —  Apple has just released its Q2 2013 earnings report, announcing sales of 37.4 million iPhones in the quarter ending March.  Apple also reported 19.5 million iPad units sold, which shows incredibly strong growth for Apple's tablet business.
Josh Ong / The Next Web:
Apple says it has served 45B App Store downloads, with $9B paid to developers  —  Apple revealed on its Q2 2013 quarterly earnings call that it has seen 45 billion App Store downloads and had paid out $9 billion to developers, with $4.5 billion alone coming in recent quarters.
Alexia Tsotsis / TechCrunch:
Google Buys Wavii For North Of $30 Million  —  Google has finally closed the deal on Wavii, a natural language processing startup, for a price that is more than $30 million, we're hearing from a legitimate source.  —  Both Apple and Google were competing for the Seattle-based startup, and Google eventually won.
Chris Welch / The Verge:
AP Twitter account hacked, makes false claim of explosions at White House  —  Anyone that follows the Associated Press on Twitter just heard “news” of an unprecedented national crisis.  “Two Explosions in the White House and Barack Obama is injured,” the AP's account tweeted moments ago.
Dan DeSilva / 9to5Mac:
iPhone 4 owners begin receiving their $15 ‘Antennagate’ settlement checks from Apple  —  Payday has come for some of the first responders to the iPhone 4 class action lawsuit.  Last February a settlement was reached that granted iPhone 4 owners who had not previously received a free bumper for their “defective” iPhones a $15 payout.
Roger Cheng / CNET:
AT&T Q1 profit edges up as it adds 291,000 net customers  —  The telecom carrier sold 6 million total smartphones in the period.  —  AT&T reported a slight gain in profit even as revenue was a bit lighter than expected.  —  The Dallas telecommunications provider posted a first-quarter net profit of $3.7 billion, or 67 cents a share.
Emil Protalinski / The Next Web:
With over 200TB synced already, BitTorrent opens up its Sync alpha to the public for Windows, Mac, and Linux  —  BitTorrent on Tuesday announced it has released its file synchronization tool Sync into open alpha.  You can download the latest version now for Windows, Mac, and Linux over at labs.bittorrent.com.
TechCrunch:
Fab Is Raising A Mondo Round At A $1 Billion Valuation  —  We're hearing from multiple sources that design-focused retail site Fab is raising a new round of funding at a $1 billion valuation.  The company has previously raised $171 million in funding and we're hearing it seeks to raise more than $100 million in this round.
More: PSFK and Valleywag
Mary Jo Foley / ZDNet:
Microsoft targets end of May for expanded Surface Pro availability  —  Summary: Microsoft is broadening availability of its Surface Pro PC/tablet hybrids during May and June, officials are saying.  —  After a couple of months of silence, Microsoft officials are sharing more about expansion plans for the company's Surface devices.
Wall Street Journal:
Hedge Fund Takes $2 Billion Stake in Microsoft  —  A hedge-fund executive disclosed that his firm owns about $2 billion in Microsoft Corp. stock, stating that the value of the software giant's businesses wasn't appreciated by other investors.  —  Jeffrey W. Ubben, founder of ValueAct Capital Management LP …
More: Computerworld and ZDNet
Bloomberg:
VirnetX Files Patent Suit Against Microsoft Over Skype  —  VirnetX Holding Corp. (VHC) which won a $200 million settlement from Microsoft Corp. (MSFT) over patents related to private networks in 2010, filed a new lawsuit today claiming it's entitled to more money.
Adrianne Jeffries / The Verge:
Uber wins in NYC lawsuit filed by limo lobby, clearing the way for city to test e-hail apps  —  A judge has ruled that the Taxi and Limousine Commission's e-hail pilot program is legal  —  A court ruling in Manhattan today represents one more incremental step in the drawn …
More: Betabeat

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From Mediagazer

Joe Flint / Wall Street Journal:
Sources: David Ellison has picked HBO content chief Casey Bloys to oversee streaming operations following Paramount's acquisition of WBD

Lucas Shaw / Bloomberg:
Sources: David Fincher won't renew his Netflix deal when it expires in 2027; he isn't leaving for a rival studio and could still make his next movie at Netflix

Andrea González-Ramírez / The Cut:
Q&A with two Cornell Daily Sun student journalists on breaking the news of a suit alleging seven students raped a woman, followed by a fiery editorial, and more

More News

Earlier Picks

Nick Summers / The Next Web:
Aereo will launch its controversial antenna and Internet-based TV service in Boston on May 15
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