Monthly Archives: July 2012

Tim Bradshaw

It is a hazard of holding a patent trial in the San Francisco Bay Area that many potential jurors have links to Silicon Valley companies. It took the full first day in a San Jose court to select a fair and balanced jury for the patent case between Apple and Samsung, dashing hopes that the court might have heard the two companies’ opening arguments on Monday afternoon. Read more

Tim Bradshaw

The alliance between Apple and Twitter almost became a direct investment last year, it emerged late on Friday, in a sign of the power plays at work as Silicon Valley companies grapple with the high-stakes shift to mobile.

United by common competitors in Facebook and Google, Apple discussed a possible investment in Twitter at a multibillion-dollar valuation more than a year ago, just as the social media service was being built deep into the latest iPhone. Read more

Interesting commentary from around the Web on the tech story that made headlines this week.

Even though Apple’s earnings disappointed Wall Street this week, attention quickly shifted to the forthcoming iPhone 5 and the latest version of its Mac operating system, Mountain Lion. Read more

Tim Bradshaw

Facebook stock has tumbled to a new low in after-hours trading, as its first quarterly earnings as a public company underwhelmed investors.

Already nervous after Zynga’s disastrous results on Wednesday, markets were unimpressed at Facebook’s mere meeting of analysts’ consensus forecasts with $1.18bn in revenue and earnings, excluding certain items, of 12c. Read more

Chris Nuttall

Roku and Vizio are the battling underdogs of the US TV industry, surviving and even prospering against bigger players thanks to their aggressive pricing strategies and rapid innovations.

Roku’s set-top box for streaming internet content has held its own against Apple TV, while Vizio has duelled effectively with Samsung over TV sales leadership. Now Roku has earned fresh legitimacy with a $45m investment led by News Corporation and its part-owned broadcaster British Sky Broadcasting. Read more

Get ready for the mother of all product launches.

That was the message earlier this week from the top brass at Apple. Sales of the iPhone 4S are winding down: with the coming of the iPhone 5, Steve Jobs’ heirs are about to face their first real test.

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Tim Bradshaw

Facebook’s “Sponsored Stories”. Twitter’s “Promoted Tweets”. Tumblr’s “Sponsors” in Radar and Spotlight. A pattern is forming in how social media companies charge advertisers to promote their “organic” postings.

The latest to flip the revenue switch in this way is Foursquare.

More than three years after the location-led app took the South by South West Interactive festival by storm, “Promoted Updates” are Foursquare’s first big ad productRead more

Chris Nuttall

Apple’s third-quarter results have fallen short of Wall Street expectations, in a rare miss for the maker of the iPhone.

Apple reported revenues of $35bn and profits of $8.8bn or $9.32 per share, compared to an analyst consensus forecast of  $37.2bn and $10.37 per share. Its shares fell 5 per cent to $570.00 in after-hours trading on the news in New York

Apple’s chief executive and chief financial officer were  questioned by analysts on the miss – caused mainly by lower-than-expected iPhone sales – on the company’s earnings call.  Our live blog from that event is after the jump. Read more

It was a big week not only for Yahoo but for Marissa Mayer, who capped her appointment as chief executive with the announcement that she is expecting her first child. Once the initial surprise had passed, Silicon Valley was abuzz with speculation about whether Mayer could be the spark that has been missing from Yahoo for the past few years.

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Marissa Mayer

In January 2009, Marissa Mayer – by her own admission – broke the internet.

As Google’s vice-president of search products, Ms Mayer was responsible for what was then the world’s most popular website. An errant “/” in a computer code had triggered a chain of events that resulted in the message “This site may harm your computer” popping up alongside every search result.

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