Techmeme
February 7, 2013, 8:10 PM

Top News

Apple:
Statement by Apple  —  By early last year, Apple's cash balance had built to a point beyond what we needed to run our business and maintain flexibility to take advantage of strategic opportunities, so we announced a plan to return $45 billion to shareholders over three years.
Michael J. De La Merced / DealBook:
Einhorn to Sue Apple Over Plan to Discard Preferred Stock  —  David Einhorn has long been known as a fervent fan of Apple Inc. But the hedge fund magnate is making an unusually public stand to oppose a move by the maker of the iPad: a lawsuit.  —  His hedge fund, Greenlight Capital …
Javier E. David / CNBC:
Apple Should Distribute Cash, Not Hoard It: Einhorn  —  Cash-rich technology giant Apple needs to find a way to distribute its cash to shareholders, instead of sticking to the Depression-like mentality that prompts the company to hoard equity, fund manager David Einhorn told CNBC on Thursday.
Paul Burstein / Twitter Blog:
Now showing: Older Tweets in search results  —  Yesterday, we updated our Android, iOS and mobile web apps to make it easier for you to find relevant content when you're on the go.  We also started to roll out an additional update on our mobile apps as well as on twitter.com: you'll now be able to find older Tweets using search.
Jeff Sonderman / Poynter:
NBC closes hyperlocal, data-driven publishing pioneer EveryBlock  —  NBC News has shut down EveryBlock, one of the early pioneers of data-driven hyperlocal community news and information.  —  The decision took effect today.  Vivian Schiller, senior vice president and chief digital officer of NBC News …
Ellis Hamburger / The Verge:
Inbox Unchained: Mailbox just fixed email on the iPhone  —  How a startup outdid both Apple and Google in one fell swoop  —  Gentry Underwood had a feeling that his startup might be making some users depressed.  Orchestra was Apple's Productivity App of the Year 2011, but users were leaving after a few months using the service.
Tom Warren / The Verge:
Microsoft's new Xbox will include improved Siri-like speech recognition  —  Microsoft will greatly improve its speech recognition technology inside the next Xbox, The Verge has learned.  Sources familiar with Microsoft's Xbox plans have revealed that Durango, the codename for the next Xbox …
Alex Wilhelm / The Next Web:
LinkedIn crushes Q4 expectations with revenue of $303.6M, EPS of $0.35 as it passes 200 million users  —  Today LinkedIn reported its fourth quarter financial performance, including revenue of $303.6 million, and earnings per share of $0.35, on a non-GAAP basis.
JP Mangalindan / Fortune:
eBay is back!  —  Supercharged by PayPal, the e-commerce company and its stock are red-hot.  Watch out, Amazon!  —  FORTUNE — “I'd like to take you on a journey.”  A group of 2,500 eBay employees is assembled at the San Jose Civic, a concert venue a few miles from company headquarters.
More: Business InsiderThanks:@jpmanga
Jason Del Rey / AdAge:
Facebook Deal to Buy Microsoft's Atlas Coming As Soon As Next Week  —  Social Network Is Building An Ad Stack to Rival Google  —  Microsoft's attempt to find a new home for its Atlas ad-serving business may finally be coming to an end.  The company is expected to announce a deal to sell …
Loek Essers / CFOworld:
Facebook deleted all EU facial recognition data, regulators confirm  —  Both the Irish data protection commissioner and a German regulator confirmed Facebook deleted the data  —  Facebook has deleted all European facial recognition data, the Irish data protection commissioner …
Stacey Higginbotham / GigaOM:
More bad news about broadband caps: Many meters are inaccurate  —  For the 64 percent of Americans whose internet service provider imposes a broadband cap, and for those lucky enough to have a meter, I have some bad news.  The president of the firm who audits many of the country's broadband meters …
More: Policy BlogTweets: @qthrulThanks:@katiefehren
Ken Yeung / The Next Web:
CoTweet founders launch Seesaw for iPhone, an app that gets your friends' opinion when you need it  —  The last time Aaron Gotwalt, Jesse Engle, and Kyle Sollenberger worked together was when they founded the social media marketing platform CoTweet.  It eventually was acquired by email service provider Exact Target.
Canalys Newsroom:
Android powered a third of all mobile phones shipped in Q4 2012  —  Shanghai, Palo Alto, Singapore and Reading - Thursday, 7 February 2013  —  Canalys has published its final mobile phone shipment estimates across the 50+ countries that it tracks.  The total mobile phone market …
More: BGR and SiliconBeat
Drew Olanoff / TechCrunch:
Google Updates Hangouts, Lets You Adjust Bandwidth Used With A Slider, Adds Audio-Only Mode  —  Google wants to make all of its products accessible to everyone, no matter where they're located or what Internet conditions they're working with.  For those of you who travel or aren't located in the U.S. …

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Zack Whittaker / ZDNet: