Today in Tech: Google + tops 10 million users

July 15, 2011: 8:58 AM ET

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* One third-party reported it, but now it's official: Google+ grew to 10 million in two weeks, with users sharing more than 1 billion items being shared daily. "We're only at 1% of what's possible," Google CEO Larry Page said during this week's conference call. "Google's just getting started." To that end, the Internet giant reported second quarter net income of $2.5 billion, a 36% increase over the same time last year, on sales of $9 billion. (CNNMoney)

* Music-streaming service Spotify launched in the U.S. yesterday after nearly two-and-a-half years of promises and speculation. Why it deserves the hype, and what Spotify investor and Napster co-founder Sean Parker has to say about its stateside arrival. (Fortune and Facebook) * Is Facebook worth $10 billion? (The Wall Street Journal)

* Rumors abound that Apple may refresh the MacBook Air line next week with new Sandy Bridge processors from Intel, a 4 GB of RAM minimum, high-speed Thunderbolt ports, 128 and 256 GB flash-based hard drives, and backlit keyboards. (All Things D)

* According to Flurry Analytics, the overall share of third party projects started on Android devices fell from a high of 39% in Q4 2010 to 36% in Q1 2011 and 28% in Q2. The mobile firm chalks that notable fall-off to the Verizon iPhone and iPad 2 launches. (Fortune)

* How a proposed law could endanger Internet entrepreneurship. (Huffington Post)

* Justin Timberlake, who invested in MySpace last week and Stipple last November, just reportedly put some cash into a stealthy (read: secret) startup called Dekko. Not much is known about Dekko at this time other than it's goal is "to merge augmented reality with actual reality." (Business Insider)

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About This Author
JP Mangalindan
JP Mangalindan
Writer, Fortune

With a background in consumer products and pop culture trends, JP Mangalindan has brought his ability to spot the next big things to his coverage of the tech industry for Fortune.com, writing on topics as diverse as the evolution of net neutrality and the influence of social media. A graduate of Fordham University, Mangalindan has written for GQ, Popular Science, Entertainment Weekly, and nymag.com. He lives in San Francisco.

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