10 Things In Tech You Need To Know, July 25

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		Tech Science Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Wednesday, July 25, 2012 Advertisement Good morning! Here's the news: AOL beat earnings estimates and reported its lowest revenue decline in seven years. Apple's earnings missed Wall Street's expectations on Tuesday, as iPhone sales fell short. Here's the two word summary of everything Apple said to explain why in the earnings call. Nintendo reported an operating loss of about $132 million in the last quarter. On the bright side, sales of the Nintendo 3DS more than doubled from the previous year. The Scandinavian duo who cofounded Skype are apparently no longer on speaking terms. Facebook just lost another top employee, Carl Sjogreen, who was the director of product management for the company. Foursquare is launching Promoted Updates, its latest effort to generate revenue. HBO said it has "no plans" to let its shows run on Netflix, in response to Netflix's CEO Reed Hastings suggesting the two companies might work together. Square is about to raise $200 million in a round led by Rizvi Traverse Management. The deal would give the startup a valuation of $3.25 billion, twice what it was worth a year ago. Apple will release Mountain Lion today. Here's how to prepare your Mac for it. In case you missed it: Check out the PR 50, our rankings of the best communications pros in technology right now. Please follow SAI on Twitter and Facebook. Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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