Top Items:
Donna Fuscaldo / Wall Street Journal:
AT&T's Profit Rises On Wireless Growth — AT&T Inc., reported a 61% rise in net income amid recent acquisitions and said it activated 146,000 iPhone subscribers the last two days of the quarter, 40% of whom were new AT&T Wireless customers. — AT&T has an exclusive deal with Apple Inc …
Discussion:
Blackfriars' Marketing, IP Democracy, Between the Lines, Michael Gartenberg, iLounge and GigaOM
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Jacqui Cheng / Infinite Loop:
AT&T reports 146,000 iPhone activations in first two days — The iPhone is doing some good for AT&T, according to the company's second quarter financial results. Like Apple, iPhone sales only encompassed the last two days of the quarter for AT&T, but the opening numbers give us a taste …
Crayton Harrison / Bloomberg:
AT&T Profit Jumps 61 Percent on Benefits of Mergers — AT&T Inc., the largest U.S. phone company, reported a 61 percent increase in second-quarter profit after $140 billion in acquisitions almost doubled revenue. — Net income rose to $2.9 billion, or 47 cents a share, from $1.81 billion …
Scott Moritz / TheStreet.com:
Huge iPhone Fees Juice Apple — A sweet iPhone deal with AT&T (T - Cramer's Take - Stockpickr) is paying off for Apple (AAPL - Cramer's Take - Stockpickr) even faster than Wall Street expected. — It's well established that the world's most talked-about phone has lured thousands of free-spending …
Laurie J. Flynn / New York Times:
AT&T Earnings Up, but iPhone Sales Disappoint — AT&T, the largest telephone company, reported first-quarter earnings today that solidly beat Wall Street's forecasts as wireless subscribers continued to devour data services like text messaging and Internet access.
Peter Lauria / New York Post:
AOL HAS AN EYE ON YOU — TO BUY AD TARGETER — After acquiring its way into the video and mobile ad-serving marketplace, CEO Randy Falco is moving AOL into the behavorial-targeting ad market with a deal to purchase Tacoda, The Post has learned. — Sources said AOL is paying between $200 million …
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Business Wire:
AOL Enters into Agreement to Acquire Behavioral Targeting Firm TACODA — Acquisition Will Build on AOL's Efforts to Offer Advanced Targeting Solutions to Advertisers and Publishers — DULLES, Va.—(BUSINESS WIRE)—AOL announced today that it has entered into a definitive agreement to acquire TACODA …
Brad Burnham / Union Square Ventures:
AOL/Time Warner buys TACODA — We are pleased to announce today that AOL/Time Warner has agreed to buy our portfolio company TACODA. As is always the case with a company you have worked with for years, our excitement for the founders and management team about this great outcome is tempered …
Ken Fisher / Ars Technica:
TiVo HD gets official: $299, loaded, with SATA and TTG coming — Today's the day TiVo launches its "mass appeal" $299 "TiVo HD" aimed at HDTV fans. The new TiVo certainly has mass appeal, but whether or not that appeal can overcome the monthly $12.95-$16.95 service fee—well, that's the question at the top of everyone's list.
Discussion:
Business Week, DailyTech, dslreports.com, Digital World, Alec Saunders .LOG and Slashdot
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heise.de:
Russian public prosecutor is demanding 3-year jail sentence for head of AllofMP3 — For the former operator of the Russian music download portal allofmp3.com the threat of a prison term in his own country is real. In the trial against Denis Kvasov, the former owner of the site …
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Dan Warne / APC:
Inflight internet lives again: Qantas introduces wireless broadband, laptop power in all classes — Laptop power will be available in every seat of Qantas' new Airbus A380s from August 2008, the airline has announced. It is also retrofitting existing Boeing 747-400s with a new cabin type …
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Liz Gannes / NewTeeVee:
DivX Spins Off Stage6 — DivX announced today it would spin off Stage6, its high-quality YouTube alternative. This is bad news for video-sharing sites, showing they're having trouble holding their weight without the subsidy of venture capital or Google-level resources.
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Matt Marshall / VentureBeat:
CIA venture arm invests in video improvement company, MotionDSP — In-Q-Tel, the investment arm of the nation's intelligence services, has invested an undisclosed small amount of money into video enhancement company MotionDSP and also awarded it with contracts.
Kate Holton / Reuters:
UK rejects music copyright extension — LONDON (Reuters) - The British government rejected a plea to extend copyright laws for sound recordings to beyond 50 years on Tuesday, prompting the music industry to accuse it of not supporting musicians and artists.
Jeremy Liew / VentureBeat:
Ad Networks: Why it's better than ever to be a targeted content site — [Editor's note: This is an opinion piece by Jeremy Liew, a parter at Lightspeed Venture Partners] — One of the hallmarks of the last few years on the internet has been the growing length of the "long tail".
Discussion:
HipMojo.com, WebProNews, John Furrier, The Utility Belt, Jim Kukral and Alec Saunders .LOG
Valleywag:
Rumormonger: Microsoft's Vista SP1 fixes not out until 2009? — The tip, incredible. The source, ironclad. Microsoft has apparently told executives at one of the world's largest PC makers not to expect a formal release of Windows Vista SP1 — the first major set of upgrades and bug fixes …