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9:50 PM ET, July 19, 2011

Techmeme

 Top Items: 
Apple:
Apple Reports Third Quarter Results  —  CUPERTINO, California—July 19, 2011—Apple® today announced financial results for its fiscal 2011 third quarter ended June 25, 2011.  The Company posted record quarterly revenue of $28.57 billion and record quarterly net profit of $7.31 billion, or $7.79 per diluted share.
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Dan Frommer / SplatF:
Just like that, the iPad is already bigger than the Mac  —  It's only been a year and a few months since Apple's iPad launched, but as of last quarter, it has already passed Apple's 27-year-old Mac business in sales.  —  During the June quarter, Apple sold 9.2 million iPads for $6 billion in revenue.
Larry Dignan / Between the Lines Blog:
Apple Q3 a blowout: 20.34 million iPhones; 9.25 million iPads  —  Apple crushed third quarter estimates as it sold more iPhones and iPads than Wall Street expected.  —  The company reported earnings of $7.31 billion, or $7.79 a share, on revenue of $28.57 billion.
Jay Yarow / The Business Insider:
Apple Delivers A Massive Blow Out Thanks To Huge iPhone And iPad Sales
Discussion: CNET News, AllThingsD and Ars Technica
Nick Bilton / New York Times:
Internet Activist Charged in M.I.T. Data Theft  —  Aaron Swartz, a 24-year-old programmer and online political activist, was indicted Tuesday in Boston on charges that he stole over four million documents from the Massachusetts Institute of Technology and JSTOR, an archive of scientific journals and academic papers.
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Morgan Callahan / Demand Progress Blog:
Federal Government Indicts Former Demand Progress Executive Director For Downloading Too Many Journal Articles  —  Cambridge, MA - Moments ago, Aaron Swartz, former executive director and founder of Demand Progress, was indicted by the US government.  As best as we can tell …
Jay Yarow / The Business Insider:
Some Of Apple's Board Started Looking For Steve Jobs' Replacement  —  Members of Apple's board started talking about CEO sucession plans with executive recruiters and “one head of a high-profile technology company” when Steve Jobs took his most recent leave of absence, the Wall Street Journal reports.
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Leena Rao / TechCrunch:
Google+ iPhone App Now Live In The App Store (Screenshots)
Bloomberg:
Microsoft Is Said to Drop Out of Auction for Hulu Online Streaming Service  —  Microsoft Corp. (MSFT) is dropping out of the bidding for Hulu LLC, the online video service put up for sale by its media-company owners, according to a person with knowledge of the matter.
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Nicholas Carlson / The Business Insider:
Yahoo Would Buy Hulu For $2 Billion - But Only If It Came With Four Years Of Exclusive Rights
Mark Milian / CNN:
Google+ has a ‘celebrity acquisition plan’  —  (CNN) — Google would like its new social network to be well-known in Hollywood circles.  To that end, the Internet giant is drawing up a “celebrity acquisition plan” to help publicize Google+, its 3-week-old social network, according to Google e-mails reviewed by CNN.
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Don Butler / Thomvest:
If History is any Guide, You've Got Two Years  —  If you look to the past as a guide to the future, or if you believe in the cycles of history, then I think you have two years.  Two years to get enough funding to last for some time beyond then.  Or, two years to get either bought or go public …
Alyson Shontell / The Business Insider:
Mayor Bloomberg Reveals His Plan For New York To Overtake Silicon Valley  —  Today at Crain's New York Business Conference, Mayor Bloomberg announced his long-awaited Request for Proposals for a NYC engineering campus.  —  More than a dozen schools around the world expressed initial interest …
Discussion: @cdixon
Andy Greenberg / The Firewall:
Hacker Arrests May Have Included Core Member Of LulzSec  —  The law enforcement crackdown on the hacker group Anonymous may have reached its most active sub-group: LulzSec.  —  According to a report from Fox News, the hacker who goes by the name “Tflow,” a core member of LulzSec, was arrested in South London Tuesday.
Federico Viticci / MacStories:
Apple Confirms: OS X Lion Coming Tomorrow  —  At the Q3 2011 earnings call, Apple just confirmed OS X Lion is launching tomorrow.  The OS will be available on the Mac App Store at $29.99.  OS X Lion is a major upgrade to Apple's desktop operating system which introduces over 250 new user features …
The United States Department of Justice:
Sixteen Individuals Arrested in the United States for Alleged Roles in Cyber Attacks … WASHINGTON - Fourteen individuals were arrested today by FBI agents on charges related to their alleged involvement in a cyber attack on PayPal's website as part of an action claimed by the group “Anonymous …
Leena Rao / TechCrunch:
Zillow Prices IPO At $20 Per Share, Now Valued At Nearly $540 Million  —  Real estate listings site Zillow has just priced its IPO at $20 per share, giving the company a $539 million valuation.  Last week, the company upped the pricing of its IPO to $16 to $18 per share, from the initial range of $12 to $14 per share.
Claire Cain Miller / New York Times:
Google Spending Millions to Find the Next Google  —  MOUNTAIN VIEW, Calif. — Google thinks it can be young and crazy again.  And it is betting $200 million that it is right.  —  Caught up in the hottest market for technology start-up companies in over a decade, the Silicon Valley behemoth …
Discussion: @mkapor
Vanessa Fox / Search Engine Land:
How Twitter's Technical Infrastructure Issues Are Impacting Google Search Results  —  In the last few days, several noticed that the Google Toolbar PageRank value for www.twitter.com had plummeted to 0 (it's now back to its previous 9).  Was Google punishing Twitter for how things went …
Chris Ziegler / This is my next:
MasterCard, Visa, American Express, Discover join ISIS mobile payment network  —  Four of the largest credit card issuers in the world — MasterCard, Visa, American Express, and Discover — have all announced today that they're joining ISIS, a partnership of American carriers formed last year aimed …
Charles Arthur / Guardian:
How LulzSec hacked the Sun's website  —  Weakness in disregarded server was used to gain access to News International systems and then redirect traffic to fake web page, and then to LulzSec's Twitter feed  —  The LulzSec attack on News International's systems to redirect readers from the Sun …
Discussion: Gizmodo and The Register
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John Leyden / The Register:
LulzSec say they'll release big Murdoch email archive
Kara Swisher / AllThingsD:
Yahoo Revenues Down Again in Q2, With Weakness in Search and U.S. Display Ad Sales  —  Yahoo turned in another flat performance in the second quarter, with $1.08 billion in revenue, which was slightly below Wall Street expectations.  —  Earnings per share were right on target, though, at 18 cents each, an increase of 18 percent.
 
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 More Items: 
Dan Primack / Fortune:
Twitter's new plan: Commerce?
Discussion: Bits, AllThingsD and Reuters
Reuters:
Canada won't block $4.5 billion sale of Nortel patents
Brad Ellis / YouTube Blog:
Auto-Captions now available in Japanese
Edmund Lee / AdAge:
FTC Chief Says Consumers Should Own and Control Their Data on Social Networks
Larry Dignan / Between the Lines Blog:
VMware's second quarter strong, sees upside ahead
Discussion: Market Wire and The Register
 Earlier Items: 
Patrick Avenell / Current:
Apple to open a new Store every 50 hours before end of 2011 harvest
Discussion: MacRumors and The Next Web
Ina Fried / AllThingsD:
Gigwalk Signs Up Microsoft to Provide Thousands of Paid Tasks for iPhone-Carrying Part-Timers
Discussion: Tech Check
 

 
From Mediagazer:

Evan Drellich / New York Times:
The MLB is planning national packages for streaming companies to bid on in 2028, when its national TV deals with ESPN, Fox, and Turner expire

Lauren Forristal / TechCrunch:
Tubi launches Scenes, a mobile feature that lets viewers watch 60-to-90-second trailer-style clips from its library to help with content discovery

Daniel Thomas / Financial Times:
James Harding says the Tortoise-Observer deal could create a profitable media group and there isn't a guaranteed future for the Observer with the Guardian
 
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