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May 2, 2013, 12:15 AM
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Top News

John Paczkowski / AllThingsD:
Apple's iOS 7 Will Ship On Time, Sources Say  —  Apple's iOS 7 is so significant a reimagining of the mobile operating system that the company is mustering additional engineering resources to get it out the door in time for a preview at its annual Worldwide Developers Conference, which is June 10-14 in San Francisco.
Adam Satariano / Bloomberg:
Apple's Ive Seen Risking iOS 7 Delay on Software Overhaul  —  Jonathan Ive, six months into an expanded role as Apple Inc. (AAPL)'s top product visionary, has embarked on a sweeping software overhaul that leaves the company at risk of falling behind on a new version of the operating system …
Facebook:
Facebook Reports First Quarter 2013 Results  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the first quarter, which ended March 31, 2013.  —  “We've made a lot of progress in the first few months of the year,” said Mark Zuckerberg, Facebook founder and CEO.
Josh Constine / TechCrunch:
Facebook Q1 Earnings Beats With $1.46B In Revenue, Up 38%, But Misses With Flat EPS Of $0.12 Non-GAAP  —  Facebook has just posted its earnings for the quarter that ended March 31, 2013.  Facebook hit $1.46B in revenue up 38% from Q1 2012, beating the street.  However, earnings per shared missed estimates, staying flat at $0.12.
Josh Constine / TechCrunch:
App Install Ads Earned Facebook “Real Revenue” And Helped 3800 Developers Drive 25M Downloads  —  Facebook app install ads were the star of Facebook's earnings call today.  Sheryl Sandberg said 3800 developers used the ads to drive over 25 million installs.
More: CNET
Will Connors / Wall Street Journal:
Pentagon Expected to Embrace Apple, Samsung Devices  —  Samsung Electronics Co. and Apple Inc. are bringing the smartphone wars to the Pentagon.  —  The Department of Defense is expected in coming weeks to grant two separate, security approvals for Samsung's Galaxy smartphones …
Josh Ong / The Next Web:
Yahoo acquires 4 million user to-do app Astrid, service to continue as is for 90 days  —  Yahoo has acquired the to-do list app Astrid, which will continue running as is for the next 90 days.  —  “Over the next 90 days, Astrid will continue to work as is, and we will no longer be accepting new premium subscriptions.
Tom Warren / The Verge:
Microsoft shipped 900,000 Surface tablets in Q1, says IDC  —  Microsoft shipped 900,000 Surface tablets during the recent quarter, according to data from IDC.  Following rumors of strong initial Surface Pro sales, IDC says the combined total for Surface RT and Surface Pro was under just one million …
Eric Slivka / MacRumors:
Apple's Share of Worldwide Tablet Shipments Falls Below 40% in 1Q 2013
Shara Tibken / CNET:
Tumblr CEO says average ad campaign spend tops six figures  —  David Karp also says Tumblr wants to be a place for advertising agencies to “make ads that win awards,” unlike on Twitter, Facebook, and other sites.  —  NEW YORK—Companies now are spending, on average, “north of six figures” …
Leo Kelion / BBC:
Facebook U-turn after charities criticise decapitation videos  —  Charities warn that watching the video clips could cause long-lasting psychological damage  —  Facebook has said it will delete videos of people being decapitated which had been spread on its site.
Roger Yu / USA Today:
Sprint bids: Dish's Ergen swings back at Softbank's Son  —  The high-stakes bidding war for control of the third-largest U.S. wireless carrier is turning into a heated verbal joust.  —  In an interview with USA TODAY on Wednesday, Dish Network Chairman Charlie Ergen swung back at Japan's SoftBank …
Jessica E. Lessin / Wall Street Journal:
Tech Poaches Wall Street Talent  —  Silicon Valley is raiding Wall Street.  —  Large and small technology companies, from Square Inc. to Rackspace Hosting Inc., with deep pockets and a pressing need to broaden their workforces are snagging top talent from financial firms.
Tweets: @tjross2411
Leena Rao / TechCrunch:
Readying For An IPO, Peer-To-Peer Lending Marketplace Lending Club Raises $125M From Google And Others At $1.6B Valuation  —  Peer-to-peer lending platform Lending Club is announcing a huge new investor today: Google.  Google and existing investor Foundation Capital have put $125 million in Lending Club …
More: vator.tv and DealBook
Maureen Farrell / CNNMoney.com:
Peter Thiel: Twitter will outlast the New York Times  —  Tech visionaries Peter Thiel and Marc Andreessen disagree on the promise of Twitter, but both see a relatively long lifespan for the social media firm.  At least in Internet years.  —  In a debate with Andreessen …
Kara Swisher / AllThingsD:
Former Homestead Founder Returns to SV Curious — And With $7.5 Million in Funding  —  Justin Kitch — the founder and CEO of Web 1.0's Homestead small-business site that was sold to Intuit in 2007 — is returning with Curious, a lifelong learning startup aimed at connecting teachers and students on …
David Talbot / MIT Technology Review:
African Bus Routes Redrawn Using Cell-Phone Data  —  The largest-ever release of mobile-phone data yields a model for fixing bus routes.  —  WHY IT MATTERS  —  Traffic is a major drain on productivity.  —  Route cause: A user interface of IBM's cell-phone-data-driven traffic model shows …
Chris Kanaracus / Computerworld:
SAP loses bid to overturn $345M patent judgment  —  Long-running dispute with Verstat Software centers on SAP's alleged infringement on pricing software patent  —  An appeals court has rejected SAP's attempt to overturn a $345 million judgment awarded to Versata Software …

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From Mediagazer

Brian Steinberg / Variety:
Lachlan Murdoch says there is evidence of “viewer fatigue” at Fox News, whose total-day viewership fell 16% in Q3, with viewership in the 25-54 demo down 24%

Michael Savage / The Guardian:
Nigel Farage's regular Telegraph column is set to end; sources suggest Axel Springer terminated his contract, but others close to Farage claim he has resigned

Thomas Buckley / Bloomberg:
Sources: Disney eyes laying off thousands, asking some managers to target 20% in annual cost savings, which could come from job cuts and expense reductions

More News

Emil Protalinski / The Next Web:
Twitter updates its apps with new Trends locations, adds new Android options and improves Vine playback on iOS

Earlier Picks

Frederic Lardinois / TechCrunch:
Amazon Adds New Features For Blind And Visually Impaired Users To Kindle For iOS App, Coming To Other Platforms Soon
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