Techmeme: Concern Grows Over Founders Cashing Out Too Much, Too Early (Connie Loizos/PE Hub Blog)

5:45 AM ET, April 21, 2011

Top Items:

Apple Reports Second Quarter Results — Record March Quarter Drives 83 Percent Revenue Growth, 95 Percent Profit Growth — Record iPhone Sales Grow 113 Percent — Apple® today announced financial results for its fiscal 2011 second quarter ended March 26, 2011.

Dan Frommer / SAI: Silicon Alley Insider:

Apple Shares Up, Huge iPhone And Mac Sales Overshadow Weak iPad — Apple posted better than expected March quarter sales and profits, with especially huge iPhone and Mac shipments. — iPad sales were much lower than expected — just 4.69 million shipped, versus expectations around 7 million.

Discussion: Guardian, MobileCrunch, AppleInsider, eWeek, mocoNews, Penn Olson, Ars Technica, Digits, TheStreet.com, MediaFile and SAI

Jason Kincaid / TechCrunch:

Apple Earnings Q2 '11: $24.67B Revenue; 3.76M Macs, 18.65M iPhones, 4.69M iPads Sold — It's that special time of the season, when Apple fans and investors alike get to gloat over just how much money the tech giant in Cupertino is raking in: Quarterly Earnings.

Discussion: VatorNews, AppleInsider, MarketBeat, Mashable!, Bloomberg, @mblumenthal, GeekWire, Hardware 2.0 Blog, Gizmodo and IBD Click

Peter Kafka / MediaMemo: The Most Successful Store No One Cares About: Apple's iTunes Posts a Record $1.4 Billion Quarter

Yukari Iwatani Kane / Japan Real Time: Apple: No Disruptions from Japan

Alasdair Allan / O'Reilly Radar:

Got an iPhone or 3G iPad? Apple is recording your moves — Today at Where 2.0 Pete Warden and I will announce the discovery that your iPhone, and your 3G iPad, is regularly recording the position of your device into a hidden file. Ever since iOS 4 arrived, your device has been storing a long list of locations and time stamps.

Charles Arthur / Guardian:

iPhone keeps record of everywhere you go — Privacy fears raised as researchers reveal file on iPhone that stores location coordinates and timestamps of owner's movements — Security researchers have discovered that Apple's iPhone keeps track of where you go - and saves every detail …

Andy / Andy Ihnatko's Celestial Waste of Bandwidth:
Hey, wonderful: there's a location-tracking file on my iPhone.

Discussion: broadstuff, blogs.chron.com, Freedom to Tinker, SocialTimes.com, Network World, @fredericl, @chmullig and Mobilized

Peter Rojas / gdgt:

Amazon's tablet is coming, but what will it be? — It's something of an open secret that Amazon is working on an Android tablet and I am 99% certain they are having Samsung build one for them. Does the world really need yet another tablet? If it were anyone else, I'd say no …

Discussion: The Next Web, IntoMobile, SAI, Electronista, SlashGear, BGR and Android Phone Fans

Alexia Tsotsis / TechCrunch:

Obama: I Want People To Feel The Same About The Next Internet Breakthrough As They Did About The Moonwalk — Obama spent a considerable amount of time preaching to the choir at today's Facebook Town Hall event, first bringing up Intel founder and Hungarian immigrant Andy Grove as an example …

Ryan Tate / Gawker:

Why Are Tech Founders Such A**holes? — In the past couple of weeks, the co-founders of Microsoft and Twitter have been attached to the same kinds of unsavory stories that have long dogged the people behind Facebook, Apple, Zynga and other top tech firms. What is it about computers and money that instills villainy?

Discussion: A Whole Lotta Nothing

Nicholas Jackson / The Atlantic Online:

Gawker's Traffic Numbers Are Worse Than Anyone Anticipated — When Gawker launched an aggressive redesign back in early February, the tech blogs were waiting to see what would happen. How would readers respond? (The assumption was that the reaction would be negative …

Discussion: @apatrizio and Terry Heaton's PoMo Blog, more at Mediagazer »

Amazon.com:

Amazon to Launch Library Lending for Kindle Books — Customers will be able to borrow Kindle books from over 11,000 local libraries to read on Kindle and free Kindle reading apps — Whispersyncing of notes, highlights and last page read to work for Kindle library books

Discussion: BetaNews, GigaOM, SocialTimes.com, eWeek, New York Times, Gadget Lab, USA Today, Gadgetell, Shelly Palmer Digital Living, Geek.com, Technologizer, PC World, The Register and Pulse2, more at Mediagazer »

Christian Zibreg / 9 to 5 Mac:
You'll be able to borrow Kindle books from 11,000 libraries, says Amazon

Discussion: CrunchGear, USA Today and Engadget

Electronista:

Foursquare co-founder makes unusual stop at Apple — Foursquare co-founder Dennis Crowley drew some attention Wednesday with a check-in at Apple's Cupertino headquarters. The post itself gave no clues but saw him check in at the same time as Holger Luedorf, the company's key organizer …

Discussion: 9 to 5 Mac

Mark Gurman / 9 to 5 Mac:

Apple pulled Facebook integration from iOS 4, Media Stream is its replacement — Out of everything revealed in yesterday's white iPhone 4 prototype leak, a small settings pane titled ‘Facebook’ stuck to us the most. The first thing that came to mind was that iOS 4 was supposed to include some Facebook integration.

Discussion: SAI, IntoMobile, Electronista and App Advice, Thanks:tc_geeks

Jonathan S. Geller / BGR:

BlackBerry Curve Touch to be revealed at BlackBerry World; June-July launch — Here's some interesting information for you BlackBerry lovers out there. We finally have some firm details surrounding the GSM counterpart to the Malibu, which will be a CDMA Curve Touch launching late fall.

Discussion: TmoNews, SlashPhone, GottaBeMobile and Know Your Cell

Connie Loizos / PE Hub Blog:

Concern Grows Over Founders Cashing Out Too Much, Too Early — Six months ago, economist Paul Kedrosky found himself in a curious situation. After being introduced to a new service, along with several other potential investors, the founder of the service announced that as part of any seed-stage deal …

Discussion: SAI

Sinead Carew / Reuters:

Verizon evaluating whether to distribute PlayBook — (Reuters) - Verizon Wireless is still evaluating whether or not it will distribute the PlayBook tablet computer from Research In Motion, the biggest U.S. mobile operator said on Wednesday. — While BlackBerry maker RIM …

Discussion: VentureBeat, Electronista, SlashGear, PhoneArena, SAI, Engadget and SAI

Royal Pingdom:

The iPad already used more than Linux computers — We noticed an interesting thing the other day that we'd like to share with you. However, if you're a Linux enthusiast, you may want to stop reading now... These are the operating system stats for April for the United States:

Luis Merlos / BerryReview.com:

Hulu Wasted Little Time to Block the PlayBook — The PlayBook released just yesterday and it looks like Hulu did not like the idea of allowing PlayBook users to stream media from it. Today Nikolaus excited to get his PlayBook checked to see if Hulu worked and to his surprise Hulu has already blocked the PalyBook.

Discussion: CrackBerry.com blogs, TechSpot and BlackBerryandBeyond.com

Sarah E. Needleman / Wall Street Journal:

Sites Retool for Google Effect — Burned by Google Inc.'s recent changes to its search formula, small businesses are experimenting with strategies to recover lost Web traffic while seeking out new ways to generate sales—some even scaling back daily operations.

Discussion: SAI

Ryan Kim / GigaOM:

Foursquare Shifts Focus From Present Tense to Future — Dennis Crowley with Robert Scoble at the Where 2.0 conference — Foursquare has grown to almost 10 million users by connecting them to where they are now, in the present. But the company sees a much brighter future in focusing …

Discussion: NetworkEffect, Local Onliner, TechCrunch and About Foursquare

Popular Mechanics:

Should Cops Be Allowed to Scan Your Phone During a Traffic Stop? — In Michigan, the American Civil Liberties Union (ACLU) has filed a complaint alleging that Michigan State Police officers used forensic cellphone analyzers to snoop in drivers' cellphones during routine traffic stops.

Discussion: The Register, CNET News, Ubergizmo, The Tech Herald … and PC World

Neowin.net:

Exclusive: Chrome notebooks confirmed to be released June/July — To be sold as a subscription. — You may or may not have seen the news about the Google Chrome production notebooks floating around the web today. Ariotech reports that “Google product manager Sundar Pichai said …

Discussion: thechromesource, TechSpot, Electronic Pulp, Ubergizmo, TeleRead and Geek.com, Thanks:neowinsteve

James Temple / SFGate:

Firefox developer to open San Francisco office — Mozilla, the developer of the popular Firefox web browser, will open its first San Francisco office this summer, bolstering the city's growing renown as a technology hub. — Mayor Edwin Lee will announce this afternoon that the Mountain View nonprofit …

Discussion: NBC Bay Area, Thanks:jasonlloren

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