@CNN — GigaOM

@CNN

Following Apple’s announcement of record revenue and profit for its first financial quarter of 2012, its stock is surging in after hours trading. Share value has climbed to around $452, or 32 points above closing, which translates to a market cap of roughly $421 billion. Read More »

Screenshot of Formspring's new homepage (click to enlarge)

Social Q&A site Formspring has experienced a dip in monthly unique visitors, as the two-year-old startup transitions out of the role of hot newcomer. The company is looking to aggressive mobile web and app development and an updated design to get the growth back on track. Read More »

 
 

On Monday, the Supreme Court deemed it unconstitutional in most cases to use GPS to track suspects without a warrant — calling the attachment of a GPS device to a suspect’s property a trespass — but the Court declined to address some major privacy issues also… Read More »

Verizon customers craving a thin LTE smartphone with all-day battery life get their wish later this week. Motorola’s Droid Razr Maxx launches on Jan. 26 for $299 with contract. But the battery is only one standout feature among many: Bluetooth 4.0, GLONASS and Super AMOLED. Read More »

Verizon plans milk as much revenue off of its 3G and LTE networks as possible, becoming the “premium” mobile data operator, but its plan could backfire. Despite the increase in 4G sales, Verizon is still primarily a 3G operator, and 3G doesn’t justify its steep prices. Read More »

The back-and-forth between Google and Twitter over Google’s new social-search results is only the latest manifestation of a much deeper problem with the relationship between the two former partners. The reality is that both sides need each other more than they would probably like to admit. Read More »

In a note to investors today, Sterne Agee’s Shaw Wu discussed his company’s expectations for Apple’s earnings call Tuesday afternoon, which were up once again from earlier predictions. Wu’s revised estimate joins a chorus of rosy outlooks about the Mac-maker’s performance. Read More »

Screenshot of Timeline (click to enlarge)

Facebook said Tuesday it will convert all users’ profiles to the new Timeline interface over the next few weeks. Soon Timeline, which shows each user’s life over an expandable Timeline that dates all the way back to his or her birth, will be the only design… Read More »

Producteev, a popular task-management tool, is taking a big step forward, updating its web and iPhone apps while launching new Android and Windows desktop apps. The wholesale improvements, which include TaskRabbit integration, help Producteev in its quest to become a universal task management service. Read More »

If Verizon has to visit a copper customer more than twice to repair the line, the communications company plans to just switch the customer over to fiber, said an executive on the company’s annual financial results call Tuesday. Read More »

A new iPhone application called Highlight hopes to use the data we are sharing about ourselves, our interests and our friends on social networks and combine it with persistent location data to help connect people who might have things in common. Read More »

Cloud collaboration service Huddle is targeting huge corporate customers, bringing them a new tier of service that allows an unlimited number of users for no extra charge. Can it help win new business and take on the industry’s biggest beasts? Read More »

More Must Reads

Apple spent the most on semiconductors in 2011, beating out Samsung and HP to take the crown. HP dropped from the top spot, thanks to overall weakness in the PC market, while Apple soared upward on the rising tide of smartphones, tablets and the MacBook Air. Read More »

IBM is working the reins of its Smarter Commerce initiative by rolling out a new Netezza analytics appliance designed to help retailers churn through potentially petabytes of consumer sales data in real time. It’s trying to capitalize on the increased importance of e-commerce to revenues. Read More »

Dolphin Browser, a popular third-party web client for Android devices, is set to get even more popular. On Tuesday, the browser gained two new add-ons: support for both Skitch and Evernote, making it easier to annotate, draw on, or capture web content for saving or sharing. Read More »

Apple has been dealt another blow in its ongoing legal patent war with Samsung. A Dutch appeals court ruled Tuesday that an appeal by Apple against a lower court’s decision from August 2011 is invalid, and the Galaxy Tab 10.1 does not infringe on Apple’s iPad… Read More »

IBM has teamed up with NEC to deliver an OpenFlow-based controller-and-switch combo that tries to find the sweet spot in software-defined networking between expensive, proprietary gear from Cisco or Juniper and the brand-new, open-sourced stuff that startups and webscale companies are peddling. Read More »

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