Techmeme
July 18, 2013, 10:25 PM

Top News

Microsoft:
Microsoft reports fourth-quarter and full-year results  —  REDMOND, Wash. — July 18, 2013 — Microsoft Corp. today announced quarterly revenue of $19.90 billion for the quarter ended June 30, 2013.  Operating income, net income, and diluted earnings per share for the quarter were $6.07 billion, $4.97 billion, and $0.59 per share.
Google:
Google Inc. Announces Second Quarter 2013 Results  —  Google today announced financial results for the quarter ended June 30, 2013.  “Google had a great quarter with over $14 billion in revenue - up 19% year-on-year,” said Larry Page, CEO of Google.  “The shift from one screen to multiple screens …
Claire Cain Miller / New York Times:
Google Results Show Struggle With Mobile  —  SAN FRANCISCO — Halfway through a year in which Google's stock price had climbed 27 percent, its financial report Thursday indicated to investors that its performance had not matched their expectations.  —  Google reported second-quarter results …
Tiernan Ray / Tech Trader Daily:
Google Off 5%: Q2 Misses as ‘Cost-Per-Click’ Falls 6%  —  Shares of Google (GOOG) are down $47.37, or 5%, at $863.31, after the company this afternoon reported Q2 revenue and earnings per share that missed analysts' estimates.  —  Revenue in the three months ended in June rose 19% …
Kevin Poulsen / Wired:
MIT Moves to Intervene in Release of Aaron Swartz's Secret Service File  —  Lawyers representing MIT are filing a motion to intervene in my FOIA lawsuit over thousands of pages of Secret Service documents about the late activist and coder Aaron Swartz.  —  Two weeks ago U.S. District Judge …
Mark Spoonauer / LAPTOP Magazine:
Verizon Edge Upgrade Plan Launches August 25th: How it Stacks Up  —  Verizon Wireless has officially jumped on the smartphone upgrade bandwagon, looking to battle AT&T Next and T-Mobile Jump with its own Edge plan.  Available starting August 25th, Verizon Edge spreads the full retail cost …
Mark Gurman / 9to5Mac:
iWatch's novelty emerges as Apple taps sensor and fitness experts  —  Apple's Tim Cook, Bob Mansfield, Kevin Lynch  —  Apple has begun assembling a team of hardware and software engineering, medical sensor, manufacturing, and fitness experts, indicating the company is moving forward …
Aaron Souppouris / The Verge:
Nokia now sells more Lumias than BlackBerry sells phones  —  With this quarter's mixed financial results, Nokia revealed that Lumia sales were up to a record high of 7.2 million.  That means that the company sold more Windows Phones last quarter than BlackBerry sold phones.
Anthony Ha / TechCrunch:
The New York Times Will Release A Gesture-Controlled News App For Leap Motion  —  The New York Times says it plans to release a Top News app for Leap Motion, the soon-to-be-released controller that will allow users to interact with their computers through gestures — in fact …
Rebecca Grant / VentureBeat:
Web analytics startup Kissmetrics raises $7M (updated)  —  [Update: 5:30 pm PT — Space Pencil does business as Kissmetrics]  —  Serial entrepreneurs Hiten Shah and Neil Patel have raised $7 million for Kissmetrics, a web analytics startup that helps small e-commerce companies make data-driven decisions.
Juli Clover / MacRumors:
Apple Releases MacBook Air Software Update to Fix Photoshop Screen Flickering and Wi-Fi Connection Issues  —  Apple today released an update for the Mid-2013 MacBook Air to fix both an issue that caused some users to experience severe flickering when using Adobe Photoshop and a bug that caused …
Chelsey Dulaney / Bloomberg:
RetailMeNot Raises $191 Million Pricing IPO at Midpoint of Range  —  RetailMeNot Inc. (SALE:US), a provider of online coupons from more than 60,000 retailers and brands worldwide, raised $191 million in its U.S. initial public offering, pricing its shares at the midpoint of the range.
Lindsay Gellman / Wall Street Journal:
Why Startups Are Sporting Increasingly Quirky Names  —  Lack of Short, Recognizable URLs Prompts Use of Misspellings, Word Mash-Ups  —  David Leiberman, left, and Sammy Rubin, co-founders of digital sing-along storybook business Mibblio.  The name combines “music” and “biblio.”

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