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Dalton Caldwell made some serious waves earlier this month when he announced "an audacious proposal" to refocus his company App.net to build a real-time feed API and service that would essentially be a new, more open version of Twitter. It's always fun to hear about big ideas like this, so it was great to have Caldwell stop by TechCrunch TV last week to tell us in person about App.net's new mission and clear up some common misconceptions about what they're up to. You can watch our whole conversation in the video embedded above, and below I've excerpted some of his points.

Dalton Caldwell made some serious waves earlier this month when he announced "an audacious proposal" to refocus his company App.net to build a real-time feed API and service that would essentially be a new, more open version of Twitter. It's always fun to hear about big ideas like this, so it was great to have Caldwell stop by TechCrunch TV last week to tell us in person about App.net's new mission and clear up some common misconceptions about what they're up to. You can watch our whole conversation in the video embedded above, and below I've excerpted some of his points.

After Scott Thompson's unceremonious departure from Yahoo's CEO spot earlier this year, Ross Levinsohn took over as the company's interim chief executive -- and for a while there, he was widely expected to eventually be named Yahoo's permanent CEO. But, of course, that's not how things worked out: This month Yahoo announced that longtime Google executive Marissa Mayer would take the CEO spot. And now it's official that Levinsohn will not be sticking around to see how it plays out. His last day is tomorrow.

After Scott Thompson's unceremonious departure from Yahoo's CEO spot earlier this year, Ross Levinsohn took over as the company's interim chief executive -- and for a while there, he was widely expected to eventually be named Yahoo's permanent CEO. But, of course, that's not how things worked out: This month Yahoo announced that longtime Google executive Marissa Mayer would take the CEO spot. And now it's official that Levinsohn will not be sticking around to see how it plays out. His last day is tomorrow.

UPDATED. A lot of people like to complain about their experiences on major web platforms such as Facebook, but most of them stick around as users, feeling that the pros outweigh the cons. But Limited Run, a startup that makes a software platform for musicians and labels to sell physical products like vinyl records, says it has reached the final straw with its experience as a small business advertising on Facebook -- and as a result is completely withdrawing its presence on the social networking platform.

UPDATED. A lot of people like to complain about their experiences on major web platforms such as Facebook, but most of them stick around as users, feeling that the pros outweigh the cons. But Limited Run, a startup that makes a software platform for musicians and labels to sell physical products like vinyl records, says it has reached the final straw with its experience as a small business advertising on Facebook -- and as a result is completely withdrawing its presence on the social networking platform.

Anyone who has used Facebook on a smartphone or tablet knows that the social network still has a ways to go when it comes to nailing the mobile experience. Turns out that Mark Zuckerberg is well aware of this -- and on the earnings call with investors and analysts this afternoon, he vowed that his team is on it. "I think we're really much closer to the beginning than the end" when it comes to Facebook's mobile development, he said. "If you use the apps today I think they're relatively basic compared to what anybody would want from a Facebook experience on the phone."

If you keep tabs on tech news, financial news, or simply haven't been living on a deserted island, you may have noticed that Facebook held an initial public offering of its stock and started trading on the NASDAQ stock exchange a few months ago. This afternoon, its shareholders got their first official update on how things have been going for the social network since its much-buzzed-about initial public offering. Facebook today announced its financial results from the second fiscal quarter of 2012, which has been its first quarter as a publicly-traded company. The company took in $295 million in non-GAAP net income on $1.18 billion of top-line revenue during Q2. That translates to $0.12 earnings per share (EPS), in line with the mean of analysts' estimates for the quarter.

It took Instagram a good amount of time to build a mobile photo-sharing app that could scale to 50 million users -- and its efforts were obviously recognized by others when it was acquired by Facebook for $1 billion earlier this year. But Parse, the startup that launched out of Y Combinator last summer and provides backend-as-a-service tools for mobile app developers, says that making such services should not take so much time and money anymore, because Parse's tools make it much easier and faster to build really scalable mobile apps. So they put Anypic out there to prove it.

Sand Hill Road venture capital firm Greylock Partners is announcing today that it's added a new face to its roster of general partners: Joseph Ansanelli, a longtime tech industry entrepreneur. Though Greylock may be best known at the moment for its recent investments in the consumer Internet space, Ansanelli will be focused squarely on the enterprise space. I