Techmeme
July 24, 2012, 7:30 PM

Top News

Apple:
Apple Reports Third Quarter Results  —  17 Million iPads Sold  —  Board Declares Quarterly Dividend of $2.65 per Common Share  —  Apple® today announced financial results for its fiscal 2012 third quarter ended June 30, 2012.  The Company posted quarterly revenue of $35. billion …
Nick Wingfield / New York Times:
Apple Sales and Profit Miss Estimates  —  Apple sold 28 percent more iPhones last quarter than it did a year earlier, but the growth failed to meet the lofty expectations of analysts, leading to a rare disappointing earnings report from the company.  —  Following the release of the report …
Florian Mueller / FOSS Patents:
Apple seeks $2.5 billion in damages from Samsung, offers half a cent per standard-essential patent  —  With their California trial approaching fast, Apple and Samsung made filings during the last few hours that shed light on what's at stake and on why the parties haven't been able to settle their dispute so far.
Jordan Robertson / Bloomberg Tech Blog:
Apple Warms Up to Hackers, Plans Presentation at Black Hat  —  Attendees are seen through a Black Hat logo during the Black Hat and Defcon hacker conferences in Las Vegas.  —  In the 15 years that computer hackers have gathered in Las Vegas for the Black Hat conference …
Mark Gurman / 9to5Mac:
Apple confirms: OS X Mountain Lion available tomorrow on the Mac App Store for $19.99  —  In its Q3 financial earnings press release today, Apple, has announced that OS X Mountain Lion will be available tomorrow.  The release will come exclusively through the digital Mac App Store …
Ryan Lawler / TechCrunch:
Airbnb Acqui-Hires Brian Pokorny And The Batch/DailyBooth Team To Boost Mobile Adoption  —  Airbnb has grown dramatically over the last year, announcing last month that it topped 10 million total nights booked, with more than 200,000 active properties listed on its site.
Benjamin Mayo:
How Many People Use Twitter's Own Apps?  —  On the latest Talk Show, Gruber wondered what the spread of Twitter clients really is.  It made me realise that no one has really explored how many people use Twitter's own apps.  I thought I'd (try to) find out.
More: The Verge and SplatF
Evelyn M. Rusli / DealBook:
Square Is Said to Be Seeking a $3.25 Billion Valuation  —  For all of Square's challenges, raising money has not been one.  —  The mobile payments start-up, best known for its pint-sized credit card reader, is close to raising roughly $200 million, which would give the company an implied valuation …
Peter Kafka / AllThingsD:
Netflix Hits Its Q2 Numbers, A Little Light on Subscribers  —  A first look at the Netflix Q2 numbers: Earnings of 11 cents a share on revenue of $889 million.  The street was expecting five cents per share and $889 million.  At least as important, though, are the video service's subscriber numbers.
Nate Hoffelder / The Digital Reader:
Amazon Cracks Down on Kindle Web Browsing  —  When the Kindle launched in late 2007 it came with an experimental web browser as well as free web browsing over the 3g connection.  As nice as that was to have, all good things come to an end.  There are reports over at MobileRead today that Amazon …
Vanessa Mock / Wall Street Journal:
EU, Google Nearing Antitrust Deal  —  BRUSSELS—European Union antitrust authorities have reached a “good understanding” with Internet company Google Inc. over their competition concerns, with the first technical talks set to follow in the “coming days or weeks,” the EU's top competition official said Tuesday.
Brian Heater / Engadget:
Lytro finally rolls out Windows desktop software, celebrates with free shipping  —  As cool as the Lytro camera's post-picture taking focusing technology is, it's hard to overlook some of the product's shortcomings — not the least of which is the fact that the company only offered a Mac solution …
John Cook / GeekWire:
Big Fish unveils $7.99 per month cloud gaming service, streaming titles across tablets, PCs and smartphones  —  Big Fish Games CEO Paul Thelen at Casual Connect  —  Seattle's Big Fish Games today unveiled a new cloud-based gaming service called Big Fish Unlimited that allows game players …
Matt Richtel / New York Times:
Silicon Valley Worries About Addiction to Devices  —  Stuart Crabb, a director in the executive offices of Facebook, naturally likes to extol the extraordinary benefits of computers and smartphones.  But like a growing number of technology leaders, he offers a warning: log off once in a while, and put them down.
More: Gizmodo
Arik Hesseldahl / AllThingsD:
Someone Is Getting Really Nervous About HP's Debt  —  Shares of Hewlett-Packard hit another 52-week low yesterday, dropping to $18.30 and continuing their summer doldrums, trading in the lowest range they have seen in nearly eight years.  The shares continued their depressing fall today …
Jon Russell / The Next Web:
Yahoo agrees to return Indonesian check-in service Koprol to its founders  —  Yahoo-owned Koprol, the one time Foursquare-rival based out of Indonesia, has completed a 360-degree journey back to its founders, after the US-based Web giant agreed to return ownership of the name …
More: e27 and Daily Social EN
Nathan Ingraham / The Verge:
Broadcom announces its first 802.11ac Wi-Fi chip for smartphones  —  Online video consumption on multiple screens throughout the home is quickly becoming the norm — and all that video has a way of sucking up a home's bandwidth.  Semiconductor manufacturer Broadcom believes that the gigabit Wi-Fi speeds …

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Roger Cheng / CNET: