Facebook's stock tumbles after 1st public quarter

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• Facebook's stock tumbles after 1st public quarter
• Galaxy phones drive Samsung to record profit again
• Worries about future pummel Zynga shares
• New Instagram Glasses add filter effects to real life
• Scientists use Twitter to predict the spread of flu
• 10 Incredible Instagram Shots of the Derecho Storm Over New York [PICS]
• Worries about future pummel Zynga shares
• Google to offer KC ultra-fast Internet for $70/mo.
• Sprint loss widens, but revenue beats estimates
• Amazon.com meets tiny 2Q profit expectations
• Steam Android app proves to be a useful tool
• Smartphones power record Samsung profit of $5.9 billion during Apple lull
• Twitter explains new mystery outage
• Galaxy phones drive Samsung to record profit again
• Dragon NaturallySpeaking brings a form of Siri to your desktop, Android
• Oakland police radios failed during Obama visit
• Facebook revenue growth skids, shares plunge
• Samsung sold 50.5 million smartphones in second quarter, almost twice what Apple sold: report
• iPhone app in Apple’s App Store found to contain… Windows malware?
• Hacker uses NFC to pwn Android phones
• News Summary: Amazon meets tiny 2Q profit estimate
• On the Call: Facebook CEO Mark Zuckerberg
• ABI: Developers are in for a dose of reality as mobile app downloads decline
• Samsung posts record $5.9 billion profit on smartphones
• On the Call: Amazon CFO Tom Szkutak on media sales
• News Summary: Facebook drops on 1st public quarter
• Facebook's stock tumbles after 1st public quarter
• Amazon.com meets tiny 2Q profit expectations
• Amazon profit plunges on acquisition cost
• Zuckerberg: No Facebook phone for now
• What's Your Gold Medal Moment? [OPEN THREAD]
• Tribes want federal regulation of Internet gaming
• Expedia 2Q profit falls but beats expectations
• Apple wants the iPhone to run your entire house
• Worries about future pummel Zynga shares
• Sprint loss widens, but revenue beats estimates
• Twitter suffers second outage in five weeks
• Coinstar 2Q net up 38 pct; stock sinks on guidance
• News Summary: Data center blamed in Twitter outage
• Twitter: Data center problems caused outage

Facebook's stock tumbles after 1st public quarter Posted: 26 Jul 2012 04:27 PM PDT Facebook's first earnings report as a public company had solid numbers, but in the end it landed with a thud — much like its rocky initial public offering two months ago.

Galaxy phones drive Samsung to record profit again Posted: 26 Jul 2012 08:26 PM PDT Samsung, the world's largest technology firm by revenue, reported another record-high quarterly profit as customers flocked to Galaxy smartphones, helping it outdo rivals even at a challenging time for the global tech industry.

Worries about future pummel Zynga shares Posted: 26 Jul 2012 03:14 PM PDT Zynga investors are not playing games.

New Instagram Glasses add filter effects to real life Posted: 26 Jul 2012 03:23 PM PDT Photo sharing service Instagram allows you to add all sorts of filters to your snapshots giving them the appearance of having been taken on an old Kodachrome or similar retro camera. It's pretty addictive to use — so addictive, in fact, … Continue reading →

Scientists use Twitter to predict the spread of flu Posted: 26 Jul 2012 03:15 PM PDT Researchers, led by Adam Sadilek of the University of Rochester in New York, are looking for a way to use Twitter to predict when individuals will get sick with the flu. By analyzing the 4.4 million tweets with GPS location … Continue reading →

10 Incredible Instagram Shots of the Derecho Storm Over New York [PICS] Posted: 26 Jul 2012 02:42 PM PDT @marcgeorges

Worries about future pummel Zynga shares Posted: 26 Jul 2012 03:14 PM PDT Zynga investors are not playing games.

Google to offer KC ultra-fast Internet for $70/mo. Posted: 26 Jul 2012 12:23 PM PDT Google Inc. revealed Thursday what it will charge for its long-awaited, ultra-fast Internet service in Kansas City: $70 per month.

Sprint loss widens, but revenue beats estimates Posted: 26 Jul 2012 03:10 PM PDT Sprint Nextel Corp., the country's third-largest wireless carrier, on Thursday reported a wider loss for the second quarter as wrote down the value of its moribund Nextel network.

Amazon.com meets tiny 2Q profit expectations Posted: 26 Jul 2012 04:19 PM PDT Online retailer Amazon.com Inc. on Thursday reported muted second-quarter earnings and projected an operating loss for the current quarter as it absorbs the costs of a warehouse technology acquisition and plans to spend more on order-fulfillment centers ahead of the holidays.

Steam Android app proves to be a useful tool Posted: 26 Jul 2012 06:00 PM PDT If you're a PC gamer in the modern era, you probably use Steam and have a bunch of games in your Steam library. It's OK – you can admit it; I have plenty of games on there, too. Steam has become an important community for so many user over the past eight years. Thanks to its regular ridiculous sales, we've invested quite a lot of money in it, so it's necessary for us to have access to it on the go. Thankfully, the Steam app for Android does exactly what you need it to do.

Smartphones power record Samsung profit of $5.9 billion during Apple lull Posted: 26 Jul 2012 08:43 PM PDT SEOUL (Reuters) - Samsung Electronics Co, the world's top technology firm by revenue, reported on Friday a record operating profit of $5.9 billion for the June quarter, as rampant Galaxy S handset sales helped stretch its lead over Apple Inc. September quarter mobile profits are expected to forge further ahead as the latest Galaxy model enjoys a sales boom before the next iPhone launch, widely expected in October, driving Samsung's profit to a record of nearly 8 trillion won ($7 billion). The mobile business brings in around 60 percent of Samsung's earnings. ...

Twitter explains new mystery outage Posted: 26 Jul 2012 08:34 PM PDT A freak double failure in its data centers took Twitter down for around an hour on Thursday, leaving millions without updates from friends, celebrities and news providers a day ahead of the Olympics.

Galaxy phones drive Samsung to record profit again Posted: 26 Jul 2012 08:26 PM PDT Samsung, the world's largest technology firm by revenue, reported another record-high quarterly profit as customers flocked to Galaxy smartphones, helping it outdo rivals even at a challenging time for the global tech industry.

Dragon NaturallySpeaking brings a form of Siri to your desktop, Android Posted: 26 Jul 2012 08:00 PM PDT Nuance Communications (NUAN) has made some big-time improvements to its popular Dragon NaturallySpeaking voice recognition software, including improved performance on Gmail and Hotmail and a new Android app that lets customers use their Android device as a remote microphone for the PC app. The new NaturallySpeaking 12 release, available on August 3rd for $99.99, promises 20% improved voice recognition accuracy over the previous NaturallySpeaking release, a Siri-esque Smart Format feature that adapts to users' individual speech patterns, and a new version of the Dragon Remote Microphone app that is now compatible with Android. Nuance unveils Dragon NaturallySpeaking 12, delivering unprecedented accuracy and speed for voice recognition on the PC BURLINGTON, Mass., – July 26, 2012 – Nuance Communications, Inc. (NASDAQ: NUAN)

Oakland police radios failed during Obama visit Posted: 26 Jul 2012 07:49 PM PDT This city's year-old $18 million police radio system failed repeatedly during President Barack Obama's visit to Oakland on Monday and during protests surrounding it.

Facebook revenue growth skids, shares plunge Posted: 26 Jul 2012 07:28 PM PDT SAN FRANCISCO (Reuters) - Facebook Inc reported a drastic slowdown in revenue growth and offered no financial forecasts to ease worries over the prospects for boosting advertising in its first earnings report as a public company, sending its shares to a record low. Facebook executives pointed to early signs of success in new advertising services, but the lack of a detailed financial outlook went over poorly with investors hoping for evidence that the company could soon reverse the continuing slowdown in its business. ...

Samsung sold 50.5 million smartphones in second quarter, almost twice what Apple sold: report Posted: 26 Jul 2012 07:14 PM PDT SEOUL (Reuters) - Samsung Electronics Co, the world's top smartphone maker, sold 50.5 million smartphones in the second quarter, stretching its lead over rival Apple Inc, a report by research firm StrategyAnalytics showed. Samsung took 34.6 percent of the global smartphone market, while Apple, which suffered a 26 percent sequential plunge in smartphone sales, had 17.8 percent of the market after selling 26 million iPhones in the June quarter, the report said. Nokia took the third spot with a 7.0 percent market share, selling 10.2 million smartphones. ...

iPhone app in Apple’s App Store found to contain… Windows malware? Posted: 26 Jul 2012 07:00 PM PDT Apple's (AAPL) stiff rules and extensive testing procedures have done a great job of keeping malware out of the iOS App Store. With just a few notable exceptions, iOS users have been able to download apps without having to worry that their personal data or their device itself might be compromised. As discovered by users and recently noted in Apple's own support forum, however, iPhone, iPod touch and iPad owners who download apps using iTunes on Windows PCs might want to start exercising some caution. Sophos's Naked Security blog on Wednesday noted that a live app in Apple's iOS App Store has been found to contain malware. Not iOS malware, however… Windows malware. The app in question, dubbed "Instaquotes-Quotes Cards For Instagram," was

Hacker uses NFC to pwn Android phones Posted: 26 Jul 2012 06:00 PM PDT Esteemed hacker Charlie Miller, who made a name for himself embarrassing Apple engineers with his iOS hacks, has returned with a big, juicy target in his sites: the Near Field Communications technology used to send mobile payments over smartphones. Ars Technica reports that Miller showed off his latest smartphone hack at Black Hat USA on Wednesday that involved using NFC to force someone's Android smartphone to go to a malicious website and download malware. And the scariest part about this is that all hackers have to do to compromise users' phones is to walk right by them. "What that means is with an NFC tag, if I walk up to your phone and touch it, or I just get near it,

News Summary: Amazon meets tiny 2Q profit estimate Posted: 26 Jul 2012 05:30 PM PDT A PENNY PER: Online retailer Amazon.com Inc. matched Wall Street's second-quarter profit forecasts for a penny per share. Shares rose about 1 percent in after-hours trade.

On the Call: Facebook CEO Mark Zuckerberg Posted: 26 Jul 2012 05:26 PM PDT Facebook released its first earnings report as a public company on Thursday, and while the results matched Wall Street's expectations, investors sent its stock sharply lower amid worries about revenue growth and other issues.

ABI: Developers are in for a dose of reality as mobile app downloads decline Posted: 26 Jul 2012 05:00 PM PDT Is HTML5 really overhyped? Not so fast, says a recent report from market research firm ABI Research. The firm on Wednesday released a new report that analyzes trends in mobile app downloads. While ABI sees native app downloads per smartphone user on platforms like Apple's (AAPL) iOS and Google's (GOOG) Android OS increasing to 37 in 2012 from 35 last year, the long-term trend is negative. "When forecasting on app downloads one has to make a number of assumptions on, for instance, the device mix, developer activity, and the demographics of existing and future smartphone users," ABI analyst Aapo Markkanen said. "The next waves of smartphone subscribers in the more mature app markets of the United States, Western Europe, and parts of Asia

Samsung posts record $5.9 billion profit on smartphones Posted: 26 Jul 2012 04:47 PM PDT SEOUL (Reuters) - Samsung Electronics Co, the world's top technology firm by revenue, reported a record quarterly profit of $5.9 billion on Friday, as rampant sales of its smartphones more than offset a tumble in memory chip prices. The South Korean firm reported April-June operating profit of 6.72 trillion Korean won ($5.86 billion), in line with its earlier estimate of 6.7 trillion won and up 79 percent from a year ago. Samsung, which earlier this year ended Nokia's 14-year reign as the top global handset maker, did not break out its second-quarter smartphone shipments. ...

On the Call: Amazon CFO Tom Szkutak on media sales Posted: 26 Jul 2012 04:47 PM PDT Is the glow from the Kindle Fire fading?

News Summary: Facebook drops on 1st public quarter Posted: 26 Jul 2012 04:42 PM PDT much like its rocky initial public offering two months ago.

Facebook's stock tumbles after 1st public quarter Posted: 26 Jul 2012 04:27 PM PDT Facebook's first earnings report as a public company had solid numbers, but in the end it landed with a thud — much like its rocky initial public offering two months ago.

Amazon.com meets tiny 2Q profit expectations Posted: 26 Jul 2012 04:19 PM PDT Online retailer Amazon.com Inc. on Thursday reported muted second-quarter earnings and projected an operating loss for the current quarter as it absorbs the costs of a warehouse technology acquisition and plans to spend more on order-fulfillment centers ahead of the holidays.

Amazon profit plunges on acquisition cost Posted: 26 Jul 2012 04:04 PM PDT Online retail titan Amazon said its profit in the past quarter plunged 96 percent, with the cost of buying a robotics firm hurting already weak results.

Zuckerberg: No Facebook phone for now Posted: 26 Jul 2012 04:00 PM PDT Facebook (FB) CEO Mark Zuckerberg on Thursday said what many consumers have long been thinking: That it "won't make much sense" for Facebook to build its own phone. During Thursday's earnings report call, Zuckerberg was asked whether his company planned to get into the hardware business to expand its brand further into the mobile realm. After denying that his company planned to make its own phone, Zuckerberg explained that the company was for now content to work with the big-time smartphone players to make Facebook an integral part of the mobile experience for smartphone users and emphasize that "that's why we're supporting Apple and working closely with them."

What's Your Gold Medal Moment? [OPEN THREAD] Posted: 26 Jul 2012 03:35 PM PDT Before this year's Olympic champions win their medals, we want to hear your own tech and social media gold medal moments.

Tribes want federal regulation of Internet gaming Posted: 26 Jul 2012 03:18 PM PDT With some states readying to start online gambling, Native American tribal leaders are calling on the federal government to step in as it did with brick-and-mortar gambling and establish regulations that ensure tribes get a piece of the action without having their revenue taxed and their sovereignty compromised.

Expedia 2Q profit falls but beats expectations Posted: 26 Jul 2012 03:15 PM PDT Online travel agency Expedia Inc.'s second-quarter profit fell 25 percent but easily beat expectations, and its shares rose sharply in after-hours trading Thursday.

Apple wants the iPhone to run your entire house Posted: 26 Jul 2012 03:15 PM PDT Although the iPhone has already proven itself to be an extremely useful little device, Apple (AAPL) has some even bigger plans for its popular smartphone in mind: Basically, it wants the iPhone to be the central remote control for every key gadget and appliance in users' homes. Patently Apple has found a new patent application filed by Apple showing the iPhone's future NFC capabilities being used for a wide variety of functions, including "being able to control standalone cameras, projectors, in-home security systems, lawn sprinkler systems, your thermostat, garage door and more." The application also shows a spiffed-up version of the Apple TV that "could one day control cable or satellite television programming and video game play via a video game controller."

Worries about future pummel Zynga shares Posted: 26 Jul 2012 03:14 PM PDT Zynga investors are not playing games.

Sprint loss widens, but revenue beats estimates Posted: 26 Jul 2012 03:10 PM PDT Sprint Nextel Corp., the country's third-largest wireless carrier, on Thursday reported a wider loss for the second quarter as wrote down the value of its moribund Nextel network.

Twitter suffers second outage in five weeks Posted: 26 Jul 2012 03:09 PM PDT SAN FRANCISCO (Reuters) - A data center glitch brought down Twitter for roughly 2 hours on Thursday, as the micro-blogging service suffered its second widespread outage in 5 weeks and another blow to its reputation and reliability. "I wish I could say that today's outage could be explained by the Olympics or even a cascading bug," said vice president of engineering Mazen Rawashdeh in a blog post after service resumed. "Instead, it was due to this infrastructural double-whammy. We are investing aggressively in our systems to avoid this situation in the future. ...

Coinstar 2Q net up 38 pct; stock sinks on guidance Posted: 26 Jul 2012 03:02 PM PDT The ower of the Redbox DVD kiosks said Thursday that second-quarter rose 38 percent as it expanded into Canada and deepened its foothold in the U.S.

News Summary: Data center blamed in Twitter outage Posted: 26 Jul 2012 03:01 PM PDT OUTAGE: People around the world experienced problems accessing Twitter for more than an hour Thursday.

Twitter: Data center problems caused outage Posted: 26 Jul 2012 02:59 PM PDT Twitter blamed systems failures — not a crush of traffic around the Olympic games — for an outage on Thursday that saw people around the world experience problems accessing the micro blogging site for more than an hour.

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