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Pathik has written and can be contacted at pathik@techie-buzz.com.
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Facebook has acquired Acrylic, a Mac and iOS app development studio. Acrylic makes apps like Pulp, a news reader, and Wallet, a security app.

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Google reported its earnings for Q2 2012, with its quarterly revenue growing to $12.2 billion and operating income increasing to nearly $3.2 billion.

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Microsoft reported its earnings for Q4 FY2012 with revenues jumping to $18.06 billion, but also posted its first ever loss of $492 million due to a non-cash writedown related to aQuantive.

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Nokia’s CEO has hinted that Nokia may be building the first Windows Phone 8 device, given its deep ties with Microsoft.

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Nokia announced its earnings for Q2 2012, and it was pretty embarrassing. It posted an operating loss of around $1 billion on revenue of $9.3 billion.

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Qualcomm reported its earnings for Q3 FY12 with revenues jumping 28% year-over-year to $4.63 billion and operating profit up 24% to $1.38 billion.

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eBay reported its earnings for Q2 2012 with revenue growing to $3.4 billion, up 23% year-over-year. PayPal and Marketplaces both displayed impressive growth metrics.

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Google has launched Gmail SMS in three African countries. The service enables users to access, receive and send email from their phones via SMS.

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Intel reported its earnings for the second quarter of 2012 today, with revenue of $13.5 billion and operating profit of $3.8 billion. Earnings next year will be driven primarily by Windows 8.

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Yahoo announced its earnings for Q2 2012, with gross revenue of $1.2 billion and an operating profit of $55 million. It’s in a pretty bad shape.

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PayPal has acquired Card.io, a mobile payments startup which enables developers to read credit card information with a smartphone’s camera.

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Google may be making a healthy profit on each Nexus 7 unit sold after all. It is most definitely not taking a hit, as the gross margins seem to be around 24% to 36%.

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Facebook may be looking to roll out an online banking offering by tying up with banks to make the banking experience more social.

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Samsung is reportedly working on a Windows RT tablet to take on the iPad and hedge its bets on the Android platform.

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Amazon is expected to launch the Kindle Fire 2 in Q3 2012, with an improved display and better hardware than the Kindle Fire. It will compete with the Google Nexus 7 and the rumored Apple iPad Mini.

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