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1:30 AM ET, July 20, 2007

Techmeme

 Top Items: 
Google:
Google Announces Second Quarter 2007 Results  —  Google Inc. (NASDAQ: GOOG) today announced financial results for the quarter ended June 30, 2007.  —  "Our performance once again demonstrates the strength of our core search and ads business.  The growth in our global traffic combined …
RELATED:
Larry Dignan / Between the Lines:
Google isn't perfect: Earnings fall short of expectations  —  Google reported second quarter earnings of $925 million, or $2.93 a share, but that wasn't enough to satisfy Wall Street.  —  Excluding charges, Google reported earnings Thursday of $1.12 billion, or $3.56 a share.
Eric Savitz / Tech Trader Daily:
Google Slides 5% After Hours As Q2 EPS Comes In Light  —  Google (GOOG) shares are falling what turned out to be a slightly disappointing second quarter.  —  Revenues were $3.87 billion, or $2.72 billion ex-TAC, with pro forma EPS of $3.56; the Street was looking for $2.68 billion revenues ex-TAC, and $3.59 a share.
Internet Stocks on Seeking Alpha:
Google Q2 2007 Earnings Call Transcript  —  Executives  —  Sergey Brin - Founder and President of Technology  —  Larry Page - Founder and President of Products  —  Jonathan Rosenberg - SVP of Product Management  —  Omid Kordestani - SVP of Global Sales and Operations  —  Analysts
Valleywag:
Live Coverage: Google misses second-quarter earnings — who's taking the fall?
Discussion: CNNMoney.com and Googling Google
Elinor Mills / CNET News.com:
Wall Street pouts after Google earnings
Justin Smith / Inside Facebook:
Breaking: Facebook Acquires Parakey  —  Just received word from Facebook that the company has made its first acquisition: Parakey, a startup founded by Blake Ross and Joe Hewitt, co-founders of Mozilla Firefox.  Ross and Hewitt will join Facebook immediately to work on the Facebook Platform.
RELATED:
Michael Arrington / TechCrunch:
FaceBook's First Acquisition: Parakey  —  Their first acquisition: Facebook has bought Parakey, the yet-to-launch "web operating system" created by Firefox co-founders Blake Ross and Joe Hewitt.  The price isn't being disclosed, but Facebook should be issuing a press release this afternoon.
Matt Marshall / VentureBeat:
Facebook's first acquisition: secretive start-up Parakey  —  Facebook has acquired Parakey, a Mountain View, Calif., startup that had been working on a new way for people to work seamlessly on applications while online and offline.  —  Founded by former Mozilla Firefox browser developers Blake Ross …
Valleywag:   Acquisitions: Facebook buys a star engineer, and another billion …
Microsoft:
Microsoft's Annual Revenue Surpasses $50 Billion  —  Double-digit revenue and EPS growth fueled by Windows Vista and the 2007 Microsoft Office system  —  Segment Revenue/Operating Income(Loss)  —  Microsoft Corp. today announced revenue of $13.37 billion for the quarter ended June 30 …
RELATED:
Andy Beal / Andy Beal's Marketing Pilgrim:
Microsoft Q2 Earnings: High, but Probably Not Because of Search  —  Microsoft also posted their second quarter earnings today, reminding us all that just because Live Search isn't doing so hot, that doesn't mean their bottom line suffers.  While Google and Yahoo have some income coming …
Mary Jo Foley / All about Microsoft:
New hires, datacenter investments evident in Microsoft earnings
Discussion: InsideMicrosoft
irconnect.com:
Ask.com to Give People Unmatched Privacy Control  —  Ask.com(R), a leading search engine and wholly-owned business of IAC (Nasdaq: IACI), today announced it will soon be implementing a new product called AskEraser that will offer its searchers unmatched control over their privacy when searching for information on the Web.
Discussion: HipMojo.com, TechConsumer, 901am and Bink.nu
RELATED:
Barry Schwartz / Search Engine Land:
Ask.com To Launch AskEraser To Erase Search History & New Data Retention Policy  —  Ask.com announced that they will be launching "AskEraser" in the near future, a feature to allow you to erase your search history.  Ask also said it will be implementing a new 18 month data retention policy …
Stephen Lawson / InfoWorld:
Verizon-Broadcom deal allows continued imports  —  San Francisco (IDGNS) - Broadcom and Verizon Wireless have reached a deal that will allow Verizon to continue importing and selling phones that are the subject of continuing litigation between Broadcom and Qualcomm.
Discussion: Phone Scoop
RELATED:
Austin Modine / The Register:   Broadcom signs licensing pact with Verizon
Marguerite Reardon / CNET News.com:
Broadcom, Verizon Wireless reach 3G phone deal
Discussion: TechSpot News
Vidura Panditaratne / Press Esc:
Multi-gigabit wireless "within three years"  —  Multi-gigabit wireless technology using of extremely high radio frequencies (RF) to achieve broad bandwidth and high data transmission rates over short distances will be ready within three years making wired computers and peripherals obsolete …
Discussion: Slashdot: Hardware
RELATED:
Joel Hruska / Ars Technica:   Research group promises multi-gigabit wireless within three years
AMD:
AMD Reports Second Quarter Results  —  AMD (NYSE: AMD) today reported financial results for the quarter ended June 30, 2007 .  AMD reported second quarter 2007 revenue of $1.378 billion, an operating loss of $457 million, and a net loss of $600 million, or $1.09 per share.
RELATED:
Ashlee Vance / The Register:
AMD parts with profits in Q2
Discussion: Reuters
Ross Mayfield / Ross Mayfield's Weblog:
CEO 2.0  —  As a company founder, as I've written before, it is inevitable and necessary that your role evolves for the best interest of the company and what you own of it.  Today I'm invoking the most powerful inflection point I can for Socialtext.  We've grown to 3,000 customers, 50 people …
 
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 More Items: 
Seth Godin / Seth's Blog:
Jobs of the future, #1: Online Community Organizer
Discussion: Bokardo
Paul McDougall / InformationWeek:
Microsoft Hit With A Second Xbox 360 Class Action Suit
Cade Metz / The Register:
Sprint boots 200 American patriots for using their phones
Discussion: SMS Text News
Saul Hansell / New York Times:
The Food Line at the Googleplex Did Seem Rather Long
Discussion: CNET News.com
The Crackers / Threadless News & Updates:
Yo, check out these loves designs
Discussion: PSFK
Dan Fost / The Technology Chronicles:
The rebirth of advertising  —  To hear my buddy Barry Soicher tell it …
Discussion: Beet.TV
Thomas Mennecke / Slyck:
LimeWire Interview
Discussion: P2P Blog
Tom Krazit / CNET News.com:
Analyst: Apple gets a cut of AT&T iPhone revenue
Discussion: Krunker
 Earlier Items: 
Jeffobrien / The Browser:
Ooma punks VOIP market - with help from Ashton Kutcher
Emre Sokullu / Read/WriteWeb:
The Impact of Facebook's Platform
Discussion: techno.blog
Liz Gannes / NewTeeVee:
Irina Slutsky Leaves PodTech
Discussion: Podcasting News and WebProNews
Kasper Jade / AppleInsider:
Sources: Apple set to grow iPhone family pre-holidays
Tim Mullaney / Bloomberg:
McClatchy, New York Times Hit as Housing Moves to Web
Alexander Wolfe / InformationWeek:
Too Many Linux Distros Make For Open Source Mess
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

 
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