Techmeme
July 19, 2013, 9:20 AM

Top News

John Paczkowski / AllThingsD:
Apple Acquires Local Data Outfit Locationary  —  Last September Grant Ritchie, CEO of crowdsourced location data company Locationary, penned an article for TechCrunch describing five challenges Apple faces as it builds out its new mapping service.  Ten months later he's become part of the effort to overcome them.
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 …
Saqib Iqbal Ahmed / Reuters:
Google shares set to open lower on margin decline, target price cuts  —  (Reuters) - Google Inc's recent changes to its advertising system to increase revenue from mobile users took a toll on its second-quarter results, prompting at least six brokerages to lower their price targets on the stock.
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.
Jacob Kastrenakes / The Verge:
Huawei lashes out against ‘racist’ treatment and ‘defamation’ by governments  —  Huawei is going on the aggressive against politicians and critics, claiming that they've subjected the company to racist treatment and slander because of its Chinese heritage.  Both the United States …
Brian Stelter / New York Times:
Apple's Move Into TV Relies on Cooperation With Industry Leaders  —  When Apple wanted to revolutionize cellphones, it held hands with AT&T. The partners fought endlessly, but the public loved the finished product: the iPhone.  —  Now, as Apple tries to reimagine television …
Businessweek:
Apple's TV Deals, Like the Time Warner Cable Pact, Fail Its Ambitions  —  Apple (AAPL) has had grand dreams for its Apple TV, a Web-connected streaming receiver that first shipped six years ago.  Customer dissatisfaction with rising cable costs offered the iPod and iPhone maker a chance …
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 …
Emily Spaven / CoinDesk:
Bitcoin company acquisitions begin: Gambling site SatoshiDice sells for $11.5m (126,315 BTC)  —  Blockchain-based betting game SatoshiDice has been sold for 126,315 BTC, which at the time of writing was worth around $11.47 million.  —  SatoshiDice (S.DICE), which claims to be …
Josh Lowensohn / CNET:
Apple, Samsung's latest phones face antitheft stress test  —  Apple and Samsung's latest phones and their antitheft technology are being tested by state and federal governments on Thursday.  —  Apple and Samsung's latest smartphones will face the scrutiny of state and federal prosecutors …
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.

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Earlier Picks

Emil Protalinski / The Next Web: