Techmeme
September 24, 2012, 2:40 PM

Top News

Apple:
iPhone 5 First Weekend Sales Top Five Million  —  Apple® today announced it has sold over five million of its new iPhone® 5, just three days after its launch on September 21, and more than 100 million iOS devices have been updated with iOS 6, the world's most advanced mobile operating system. iPhone 5 …
Philip Elmer-DeWitt / Fortune:
Apple's 5 million iPhone 5 sales: What analysts are saying  —  First weekend sales set a record, but Wall Street found them disappointing  —  FORTUNE — Smartphone sales, like presidential debates, are a game of expectations — although in the case of Apple's (AAPL) iPhone 5, it's one the analysts played but the not the company.
Wall Street Journal:
Apple Gave Few Phones to Other Retailers  —  Apple Inc.'s AAPL -1.35% new iPhone 5 remained a hot item following the sales kickoff Friday, with customers flocking to stores to buy the new handset.  But they seemed to have little luck finding the gadget at the Silicon Valley company's retail …
Matthew Panzarino / The Next Web:
Beloved email client Sparrow will get yet another post-acquisition update to support iPhone 5  —  The much-loved email client Sparrow will be getting another compatibility update, adding support for the iPhone 5′s larger screen.  The news came from a tweet by Sparrow founder Dom Leca today.
Alexei Oreskovic / Reuters:
Google shares hit all-time high  —  (Reuters) - Google Inc shares set an all-time high on Monday, with the Web giant's reliable advertising business back in vogue among Wall Street investors disenchanted with younger social media companies.  —  The stock reached $747.84 around noon eastern time …
Iain Marlow / Globe and Mail:
Flatlining user base spells end of RIM's growth story  —  A decade after Research In Motion Ltd. introduced its first smartphone, the tribe of BlackBerry users has stopped growing.  —  RIM is in the midst of a long-running slump in sales, but despite that, it has still managed to sell enough devices …
Matt Brian / The Next Web:
Apple warns ex-MobileMe users with 20GB free iCloud storage of ‘downgrade’ coming Sept. 30  —  Apple has begun sending last-minute reminders to users currently enjoying 20GB of free iCloud storage, warning that from September 30, it will downgrade their accounts unless they take action.
Matthew Panzarino / The Next Web:
Apple TV updated to iOS 5.1, bringing Shared Photo Streams, AirPlay broadcasting and more  —  Apple has updated the Apple TV software to version 5.1, bringing along with it support for the new Shared Photo Streams introduced in iOS 6, as well as iTunes Account Sharing and other goodies, reports MacRumors.
Ingrid Lunden / TechCrunch:
Groupon Has Bought Restaurant Reservations And Discount Provider Savored  —  Groupon continues its acquisition march to beef up its service and take itself beyond daily deals.  Today it announced that it has bought Savored, a restaurant reservations and discount meal provider.
Robert Andrews / paidContent:
Frustrated with poor mobile sales, publishers blame ad agencies  —  Publishers are seeing mobile audiences growing fast - but revenue is yet to catch up, and it's the ad industry taking the blame.  —  Mobile makes up a fifth of reader traffic for 87 percent of publishers …
Leena Rao / TechCrunch:
eBay Debuts Setify, Its Own Pinterest-Like Tool To Share Collections Of Items  —  eBay has just debuted a new tool, called Setify, which allows users to basically allows people to create collections of items on eBay.  —  Setify, which is in private beta (but you can request an invitation) …
More: eBay Ink
Darrell Etherington / TechCrunch:
Source: Apple Aggressively Recruiting Ex-Google Maps Staff To Build Out iOS Maps  —  Apple is going after people with experience working on Google Maps to develop its own product, according to a source with connections on both teams.  Using recruiters, Apple is pursuing a strategy …
Ingrid Lunden / TechCrunch:
Facebook Mobile Payments Via Carrier Billing (And Bango) Now Live In U.S., UK And Germany  —  Another step ahead for Facebook's strategy to make more money out of its mobile business: the company is now accepting mobile payments for its mobile web service via carrier billing in the U.S. …
Rachel Metz / Technology Review:
Even Sleeping Smartphones Could Soon Hear Spoken Commands  —  Nuance is working with chipmakers on technology that would enable “persistent listening” apps.  —  Speech recognition software company Nuance is working with chip makers on how to build a chipset for a mobile device that would let users …
Paul Sloan / CNET:
Facebook's stock falls as Zuckerberg effect wears off  —  Shares of Faceboook are getting slammed today, reversing the rally that began after the CEO gave an upbeat talk.  Barron's says the stock is worth $15.  —  Looks like the Facebook pessimism has returned.
Peter Svensson / Associated Press:
Verizon says iPhone 5 won't be ‘relocked’  —  You are here  —  Home » Verizon Communications Inc » Verizon says iPhone 5 won't be ‘relocked’  —  NEW YORK (AP) — Verizon Wireless said Monday that it won't prevent its version of the iPhone 5 from being used on AT&T's network.
David Carr / New York Times:
Atlantic Covering Business World With Quartz Site  —  Business titans are generally not prone to self-appraisal, and when they do take stock, it usually begins and ends with a list of their conquests.  —  David G. Bradley, the owner of Atlantic Media, has never been like that.

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