Techmeme
January 23, 2014, 6:35 PM

Top News

Microsoft:
Microsoft Reports Record Revenue of $24.52 Billion in Second Quarter  —  Double-digit growth in Commercial and Devices and Consumer segments drives record revenue.  — REDMOND, Wash. — January 23, 2014 — Microsoft Corp. today announced revenue of $24.52 billion for the quarter ended December 31, 2013.
Todd Bishop / GeekWire:
Microsoft beats earnings, ships 7.4 million Xboxes, doubles Surface revenue  —  Microsoft posts record revenue of $24.5B, beats earnings expectations in holiday quarter  —  Microsoft just announced revenue of $24.5 billion for the December quarter, up 14 percent from the same quarter a year ago …
Wall Street Journal:
4½", 5" screen iPhones expected in second half of year, smaller one further along in development, to feature metal casing, plastic casing scrapped  —  Apple iPhones to Come Out With Bigger Screens  —  Facing competition from rivals offering smartphones with bigger screens …
Ellen Nakashima / Washington Post:
Independent review board says NSA phone data program is illegal and should end  —  An independent executive branch board has concluded that the National Security Agency's long-running program to collect billions of Americans' phone records is illegal and should end.
Dan Seifert / The Verge:
Pentagon says ‘absolutely no new orders have been placed’ for BlackBerry phones  —  Stock surges on news of a big win that never was  —  Last week, a press release from the Department of Defense announced the launch of a new mobile network within the agency that will utilize unclassified mobile devices …
Natasha Lomas / TechCrunch:
iPhone 5s Owners Gobbling “Unprecedented” Levels Of Data, Study Finds  —  Users of flagship smartphones such as Apple's iPhone 5s and Samsung's Galaxy S4 are continuing to suck down more data than their tablet-wielding counterparts, according to a large-scale survey of mobile data consumption …
Kara Swisher / Re/code:
AOL Buys Personalization Startup Gravity for $90 Million in Cash  —  In a bid to add another publishing and advertising tool to its offerings, AOL has acquired personalization startup Gravity for about $90 million in cash.  —  As part of the deal, which is expected to close in the first quarter …
Matthew Panzarino / TechCrunch:
Biz Stone's Jelly Raises Series B Led By Greylock, And Josh Elman Joins The Board  —  Twitter co-founder Biz Stone has raised a Series B round of investment led by Greylock Partners, with Spark Capital participating.  The raise comes just under a year after it raised a Series A round from Spark …
Bloomberg:
Lenovo to Buy IBM Server Unit For $2.3 Billion Amid PC Slump  —  Lenovo Group Ltd., the world's largest maker of personal computers, will buy International Business Machines Corp.'s server business for $2.3 billion.  —  The deal price includes about $2 billion of cash and the rest in Lenovo stock …
Chris Kohler / Wired:
Instead of porting its games to other mobile platforms, Nintendo should run its own platform  —  Everything You're Thinking About Nintendo Is Totally Wrong  —  The entire internet has weighed in with what it believes is the answer to Nintendo's financial woes: Go mobile, immediately.
Tweets: @mattbraga and @magicody
John Biggs / TechCrunch:
Google Glass User Detained By Feds Talks About Ordeal  —  While some businesses are banning the high-tech wearable device Google Glass, a theatre owner in Columbus, Ohio, saw enough of a threat to call the Department of Homeland Security.  The manager called in unnamed Homeland Security agents …
Sarah Perez / TechCrunch:
Watch Out Tumblr, Pinterest Now Supports GIFs  —  Earlier this week, some Pinterest users noticed that the company was experimenting with support for animated GIFs on its site - the popular, moving images that, until recently, defaulted to static photos when pinned.
Dennis Berman / Wall Street Journal:
Wal-Mart aims to match Amazon's service offerings in two years, continues warehouse build out  —  Wal-Mart Aims To Match Amazon's Service Offerings  —  Wal-Mart Will Continue To Build Out New Distribution Centers for Online Delivery  —  The head of Wal-Mart Stores Inc. 's e-commerce efforts predicted …
Chris Burns / SlashGear:
Qualcomm acquires 1,400 Palm, iPAQ, Bitphone patents from HP  —  This afternoon Qualcomm has announced that they will acquire all of HP's remaining Palm-related patents.  They will also be acquiring from Hewlett-Packard a number of other patents in the mobile sector, including those under the titles' iPAQ and Bitphone.

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More News

Natasha Lomas / TechCrunch:

Earlier Picks

Douglas MacMillan / Wall Street Journal: