Techmeme
July 22, 2014, 4:55 PM

Top News

Richard Lai / Engadget:
Xiaomi's latest phone gets a steel frame, IR blaster and top specs for just $320  —  Having sold 26.11 million phones in the first half of this year, the beast from the East that is Xiaomi is back again with a new flagship Android phone: the MI4.  For the first time ever …
Vlad Savov / The Verge:
‘One more thing’: ex-Google exec says his Chinese employer is no Apple ripoff  —  “We're not copying Apple's products.  End of story.”  —  A man wearing a black top and denim jeans stands on stage promising to unveil “one more thing.”  As much as that might sound like the familiar finale …
Mikey Campbell / AppleInsider:
Apple granted comprehensive ‘iTime’ smartwatch patent with in-strap circuitry, arm gesture support  —  In one of the clearest signs that Apple is — and has been — working on a smartwatch device, the Cupertino company was on Tuesday granted a patent for a wrist-worn wearable …
Apple:
Apple Reports Third Quarter Results  —  iPhone, Mac & Services Growth Drive Record June Quarter Revenue & 20% EPS Growth  —  Apple® today announced financial results for its fiscal 2014 third quarter ended June 28, 2014.  The Company posted quarterly revenue of $37.4 billion …
Daisuke Wakabayashi / Wall Street Journal:
iPhone sales up 12.7% from a year ago on demand from BRIC countries; iPad sales down 9.2%  —  Apple Reports Strong iPhone Sales  —  Sales of Smartphone Jump 12.7% in Latest Quarter, Ahead of Expected Refresh  —  Apple Inc. reported its second straight quarter of double-digit percentage growth …
Sarah Perez / TechCrunch:
Amazon Quietly Launches Its Consumer-Facing Mobile Wallet App, Amazon Wallet  —  Amazon's first attempt at its own mobile wallet application, designed for use at the point-of-sale, has made a quiet debut on the Amazon Appstore and on Google Play.  However, the current implementation of the new …
Microsoft:
Microsoft Cloud Growth Drives Strong Fourth-Quarter Results  —  REDMOND, Wash. — July 22, 2014 — Microsoft Corp. today announced revenue of $23.38 billion for the quarter ended June 30, 2014.  Gross margin, operating income, and diluted earnings per share ("EPS") for the quarter were $15.79 billion …
Alex Wilhelm / TechCrunch:
Microsoft Reports $23.38B FQ4 Revenue Including $2B In Phone Top Line, Misses With EPS Of $0.55  —  Today after the bell Microsoft reported its fiscal fourth quarter performance, including revenue for the period of $23.38 billion and earnings per share of $0.55.
Ben Thompson / stratechery:
To focus on services, Microsoft should split in two and make the Windows business a separate company  —  It's Time to Split Up Microsoft  —  To understand why so many serious Microsoft observers were encouraged by Satya Nadella's week-ago memo Bold Ambition and Our Core,1 it's useful …
More: Engadget and Stowe BoydThanks:@pavanrajam
Colleen Taylor / TechCrunch:
Timehop, The App That Works As A Digital Time Capsule, Raises $10M Led By Shasta Ventures  —  Timehop, the app that serves as a personal “today in history” memo by surfacing your social networking photos and posts from a year ago or more, has raised $10 million in new funding.
More: Re/code and VentureBeatTweets: @bryce
Hillary Reinsberg / BuzzFeed:
One of the most-viewed YouTube channels worldwide is a woman unboxing toys for toddlers  —  YouTube's Biggest Star Is An Unknown Toy-Reviewing Toddler Whisperer  —  Is it possible an unknown, one-woman toy-reviewing YouTuber called “Disney Collector” is making more money than most CEOs?
Tweets: @pkafka
TechCrunch:
Nvidia's Shield Tablet And Shield Controller Look To Offer No-Compromise Mobile Gaming  —  The Nvidia Shield was a first attempt by graphics chip- and card-maker Nvidia, but it gave the company a taste for building gadgets that wouldn't go away, so now they're back with the Shield Tablet …
Deborah Gage / Wall Street Journal:
Application performance management company AppDynamics raises $120M at $1B valuation, plans eventual IPO  —  AppDynamics Raises $120M, Valued at $1 Billion for Corporate Software  —  AppDynamics Inc., whose software monitors how applications are performing in order to help companies avoid bottlenecks …
Wall Street Journal:
Apple asks manufacturers to supply between 70M-80M 4.7-inch and 5.5-inch iPhones by December 30  —  Next iPhone Will Offer Bigger Screens  —  Apple Tells Suppliers to Gear Up for 4.7-inch and 5.5-Inch Screen Sizes  —  Apple Inc. is preparing for its largest initial production run of iPhones …
Rene Ritchie / iMore:
Apple reaffirms it has never worked with any government agency to create a backdoor in any product or service  —  On July 18, Jonathan Zdziarski, a former iOS jailbreaker and current iOS forensic scientist and law enforcement consultant, gave a talk at the HOPE X conference in New York City.
LinkedIn:
LinkedIn to acquire business marketing company Bizo for $175M  —  LinkedIn to Acquire Bizo  —  Bizo Provides Opportunity to Accelerate LinkedIn's Efforts to Offer a Comprehensive B2B Marketing Platform for Brands  —  LinkedIn (NYSE:LNKD), the world's largest professional network …

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