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May 2, 2013, 1:35 AM
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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:
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.
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.
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 …
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.
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 …
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 …
More: asymco and Examiner
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” …
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 …
Mike Shields / Adweek:
AOL Unveils 15 Fall Shows in an Aggressive Push for TV Dollars  —  The NewFronts award for boldest attempt to really take on TV goes to: AOL.  At least so far.  —  The Web portal has lined up big names and even bolder claims as it attempts to get advertisers to consider its original shows up against the likes of ABC and Fox.
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.
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
Amir Efrati / Wall Street Journal:
YouTube Touts Viewer Growth to Advertisers  —  Google Inc.'s YouTube on Wednesday made its latest pitch to advertisers, saying they should “follow the audience.”  —  More than one billion unique visitors watch more than six billion hours of YouTube videos a month, up from about four billion hours …
More: GigaOM
Mary Jo Foley / ZDNet:
Microsoft readies ‘Mohoro’ Windows desktop as a service  —  Summary: Microsoft is believed to be building a Windows Azure-hosted desktop virtualization service that could be available on a pay-per-use basis.  —  In yet another example of its growing emphasis on remaking itself as a devices …
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 …
Emil Protalinski / The Next Web:
Twitter updates its apps with new Trends locations, adds new Android options and improves Vine playback on iOS  —  Twitter on Wednesday updated its native Android and iOS apps with a slew of new features and improvements.  You can download the new version of the app now directly from Apple's App Store and Google Play.
Ingrid Lunden / TechCrunch:
Senator Charles Schumer Targets Patent Trolls, Wants USPTO To Review Infringement Suits Before They Head To Court  —  Companies like Google, BlackBerry, Earthlink, Red Hat, and others in the tech community, have been piling pressure on the U.S. government to take a stronger stand against companies …
More: PC World and Techdirt

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From Mediagazer

Alex Sherman / CNBC:
Sources: in its next US TV deal, the NHL seeks a 50%-100% increase over its seven-year, $4.5B contract with ESPN and TNT; formal talks can begin on January 1

Bloomberg:
A look at Disney's AI push; sources: it is testing AI-powered suggestions and could add chats with characters on Disney+, and execs saw AI demos at Amazon MGM

Ted Johnson / Deadline:
President Trump urges Congress to support a federal film and TV tax incentive and lists a bipartisan group of lawmakers that he's working with to pass the bill

More News

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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