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9:40 AM ET, January 25, 2012

Techmeme

 Top Items: 
Apple:
Apple Reports First Quarter Results  —  Highest Quarterly Revenue and Earnings Ever All-Time Record iPhone, iPad and Mac Sales  —  Apple® today announced financial results for its fiscal 2012 first quarter which spanned 14 weeks and ended December 31, 2011.
RELATED:
Mark Gurman / 9to5Mac:
Tim Cook sends congratulatory email, plans to ‘discuss some exciting new things going on at Apple’ at Town Hall tomorrow  —  Following today's blowout numbers, we just received word that Apple CEO Tim Cook sent a short email to Apple employees congratulating them both on a record setting holiday quarter …
MG Siegler / TechCrunch:
Apple's Massive Numbers And Some Context  —  Simply looking over the numbers, it might be hard to wrap your head around what Apple just announced for their Q1 2012 results.  A company this big is not supposed to be able to nearly double revenue year-to-year.  Nor are they supposed to more than double profit.
Bloomberg:
Apple 'Didn't Bet High Enough' on Chinese Demand for IPhone 4S, Cook Says  —  Apple Inc. (AAPL) underestimated the “staggering” demand for the iPhone 4S when it started sales in China this month, Chief Executive Officer Tim Cook said.  —  “We thought we were betting bold,” …
Ryan Lawler / GigaOM:
Why Apple TV is finally starting to matter  —  Hidden somewhere in Apple's earnings call is this little snippet: According to CEO Tim Cook, the company sold 1.4 million Apple TVs during the holiday quarter.  That's notable because it's about half of the devices that Apple had sold in the entire year prior …
Discussion: AllThingsD and CNET
Ina Fried / AllThingsD:
Tim Cook on His First Four Months as Apple CEO: Just Look at the Results
Discussion: 9to5Mac and TUAW
Dan Frommer / ReadWriteWeb:
Apple's Growth Rate Is Simply Incredible... And It's Accelerating
Discussion: SplatF
Mark Gurman / 9to5Mac:
More on Apple's Anobit acquisition: Team remains in Israel (for now), headed by notable chip VP
Discussion: Electronista
Philip Elmer-DeWitt / Fortune:
Apple's blow-out quarter: Once again, the Street blew it
Discussion: MediaPost, Thanks:@philiped
Kathleen De Vere / Inside Mobile Apps:
Apple has paid $4 billion to developers over lifetime of its app store
Discussion: Gotta Be Mobile and ReadWriteWeb
Alma Whitten / The Official Google Blog:
Updating our privacy policies and terms of service  —  In just over a month we will make some changes to our privacy policies and Google Terms of Service.  This stuff matters, so we wanted to explain what's changing, why and what these changes mean for users.  —  First, our privacy policies.
RELATED:
Danny Sullivan / Marketing Land:
Google's New Terms Of Service & Privacy Policy: Anything You Do May Be Used To Target You?  —  It sounds like the Miranda warning so familiar to those who watch US cop shows.  “Anything you can and do will be held against you in a court of law.”  Next month, Google has a privacy policy and terms of service that goes into effect.
Cecilia Kang / Washington Post:
Google announces privacy changes across products; users can't opt out  —  Google said Tuesday it will follow the activities of users across e-mail, search, YouTube and other services, a shift in strategy that is expected to invite greater scrutiny of its privacy and competitive practices.
Somini Sengupta / Bits:
Facebook's Sandberg Gently Warns Europe About Privacy Rules  —  Concerned about privacy?  Maybe you should be concernedabout the economy instead.  That was the subtext of a keynote speech by Sheryl Sandberg, Facebook's chief operating officer, at a technology conference in the heart of Europe on Tuesday.
RELATED:
Aoife White / Bloomberg:
Companies Face Fines as Much as 2% of Sales Under EU Privacy Law  —  Companies face fines as high as 2 percent of yearly global sales for losing personal data under an overhaul of European Union privacy rules.  —  Data protection agencies in the EU's 27 countries would gain the power …
Matt Mullenweg:
On the Evolution of Investing  —  Today Y Combinator announced they are adding two new partners, Garry Tan and Aaron Iba.  This announcement is unique because it does not list their academic credentials, their previous investments, the boards of companies or non-profits they have sat on …
Matt Brian / The Next Web:
UK mobile operator O2 sends your phone number to every website you visit  —  O2 may also be unwittingly assisting spammers, allowing them to match email addresses with phone numbers.  See below for more updates.  —  If you reside in the UK and you are one of the millions of subscribers …
Scott Lowe / IGN:
Xbox 720 Will Be Six Times as Powerful as Current Gen  —  Sources confirm fall 2013 release, detail graphics processing power.  —  The next Xbox will ship to retailers in late October or early November of next year with six times the processing power of the Xbox 360, sources close to the project have told IGN.
Reuters:
Megaupload founder faces lengthy extradition battle  —  (Reuters) - Efforts by the United States to extradite the mastermind of an alleged Internet piracy scheme from New Zealand to face copyright infringement and money laundering charges are likely to be long and complex.
RELATED:
Nate Anderson / Ars Technica:
“We're just like YouTube,” Megaupload lawyer tells Ars
Discussion: Fast Company and The Verge
Thomas Catan / Wall Street Journal:
Con Artist Starred in Sting That Cost Google Millions  —  PROVIDENCE, R.I.—Wearing leg irons and guarded by federal agents, David Whitaker posed as an agent for online drug dealers in dozens of recorded phone calls and email exchanges with Google sales executives, spending $200,000 …
Discussion: Search Engine Land
Alexia Tsotsis / TechCrunch:
Obama: America Should Support The Next Steve Jobs  —  In his compelling State of the Union address tonight, President Obama laid out a blueprint for economic recovery, with numerous references to the technology sector.  “An economy built to last is one where we encourage the talent and ingenuity …
RELATED:
Liz Gannes / AllThingsD:
The State of the Union Gets Live-Tweeted
Bloomberg:
Facebook Trades to Be Halted for Three Days  —  Shareholders of Facebook Inc., the Internet site preparing an initial public offering, are facing a three-day suspension of trading on secondary markets this week, people with knowledge of the matter said.  —  While buy and sell orders can be made …
Yoni Heisler / Network World:
Inside Apple's secret packaging room  —  It's no secret that Apple sweats every last detail when it comes to their products, an obsession which even includes a product's packaging  —  Adam Lashinsky's upcoming book, Inside Apple, provides an intriguing look into the inner workings at Apple …
Jesse Hicks / The Verge:
An interview with William Gibson  —  William Gibson famously coined the term “cyberspace,” and gave us a singular vision of the future in early cyberpunk novels Neuromancer, Count Zero, and Mona Lisa Overdrive.  In the three decades since, his fiction has crept closer to a recognizably contemporary setting …
 
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 More Items: 
Electronista:
MSN UK puts out news app for iPad
Nick / Rough Type:
Piracy and privacy  —  Internet activists flexed some impressive muscle …
Laura Hazard Owen / paidContent:
Well, Here's How Amazon Publishing Will Get Its Books Into Barnes & Noble
Kevin Fitchard / GigaOM:
A bird's-eye view of T-Mobile's new spectrum trove
Discussion: Engadget, The Verge and PhoneArena
 Earlier Items: 
Brian Clark Howard / Fast Company:
How Words With Friends Beat Scrabble At Its Own Game
Amir Nathoo / Cross Platform Dev Blog:
You've probably underestimated just how big this is
Olivia Solon / Wired.co.uk:
What is Acta and why should you be worried about it?
Discussion: Examiner
David Law / The Windows Blog:
Hotmail, already powering over 15 million phones and growing, comes to Kindle Fire
Fortune:
The real way to build a social network
Boonsri Dickinson / Business Insider:
Famous iPhone Hacker George Hotz Has Left Facebook
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

William Earl / Variety:
Heretic's directors say they put a message in the credits that “no generative AI was used in the making of this film” to warn Hollywood about the danger of AI

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

 
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