Wired Magazine reports that Newsstand, a new feature of iOS 5, is “hitting it big with traditional media publishers thanks to its windfall delivery of new digital subscriptions.” Newsstand keeps all app subscriptions for newspapers, magazines, and journals in one convenient place on the iOS 5 home screen and makes it easy to shop for new reading material. Wired cites Conde Nast and The New York Times among publishers seeing large spikes in app subscriptions since Newsstand launched.

New York Times columnist David Pogue reports on AssistiveTouch, an “amazingly thoughtful” iOS 5 feature that makes it possible to complete Multi-Touch gestures using one finger or a stylus. Writes Pogue: “I doubt that people with severe motor control challenges represent a financially significant number of the iPhone’s millions of customers. But somebody at Apple took them seriously enough to write a complete, elegant and thoughtful feature that takes down most of the barriers to using an app phone.”

Bloomberg’s Peter Burrows reports that Apple is making rapid headway selling into corporations — especially financial services and pharmaceutical firms. Burrows writes that Apple’s corporate sales are being driven chiefly by iPad, which “has become a standard business tool.” The article quotes Matt Wallach, co-founder of Veeva Systems, who says: “I’ve seen a lot of devices come and go over the years. Nothing touches the speed of adoption of the iPad.”

Vogue’s “Need It Now” column features the new Cards from Apple, which lets users create and mail beautifully crafted cards personalized with their own text and photos from their iPhone or iPod touch. Each card is just $2.99 when sent within the U.S. and $4.99 when sent to or from anywhere else — postage included. Vogue calls the Cards app “nothing short of genius” for reviving the almost forgotten pleasure of receiving a “real, honest-to-goodness paper greeting card in the mail” and concludes: “This is the kind of vintage innovation we would all do well to download.”

FOX 6 p.m. EST/5 p.m. CST Judge Tommy rules that to recover his money from a crooked car dealer, plaintiff Clark Reynolds first has to kiss a dog's butt.

Completely Whipped Man Crying At Wife’s Funeral

Apple today announced iBooks 2 for iPad, featuring iBooks textbooks, an entirely new kind of textbook that’s dynamic, engaging, and truly interactive. iBooks textbooks offer iPad users gorgeous, full-screen textbooks with interactive animations, diagrams, photos, videos, and unrivaled navigation. Leading education services companies including Houghton Mifflin Harcourt, McGraw-Hill, and Pearson will deliver educational titles on the iBookstore, with most priced at $14.99 or less. And with the new iBooks Author, anyone with a Mac can create iBooks textbooks and publish them to Apple’s iBookstore. Starting today, iBooks 2 is available free from the App Store and iBooks Author is available free from the Mac App Store

Apple today announced financial results for its fiscal 2012 first quarter, which spanned 14 weeks and ended December 31, 2011. The Company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter. “We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads, and Macs,” said Tim Cook, Apple’s CEO. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

WASHINGTON—According to a report from the U.S. Department of Education released Thursday, watching a single episode of the British TV series Downton Abbey is the cultural and educational equivalent of reading an entire book.

In a CNET Editors’ review, Jason Parker gives the new GarageBand for iPad, iPhone, and iPod touch 5 out of 5 stars, citing the app’s “uniquely designed and authentic-sounding instruments, smart touch interface, and tools that make song creation easy.” He adds: “Anyone with even a passing interest in creating music should download GarageBand for iOS. Frankly, we wish we could give it more than five stars for the virtually unlimited song possibilities, ease of use, and excellent touch-screen controls.”

Nation Horrified By Carolina Panthers' Disturbingly Graphic Logo Redesign

Area Woman Recalls Days When She Resented Being Hit On

After an investigation into a woman’s claim that she was raped by Greg Kelly, a son of Police Commissioner Raymond W. Kelly, the Manhattan district attorney’s office said the facts “do not fit the definition of sexual assault crimes.”

Facing criticism from religious-affiliated institutions, the Obama administration promised on Tuesday to explore ways to make a new health insurance requirement more flexible.

Miami-Dade County officials are expected to abolish the city of Islandia, a desolate chain of 33 islands that mid-century land developers had hoped to turn into a rollicking resort town.

Blog post and video from Microsoft Digital Crimes Unit about company efforts to stop the Rustock spambot.

Apple today announced an all-new iTunes U app, giving educators and students everything they need on their iPad, iPhone, and iPod touch to teach and take entire courses. The all-new iTunes U app lets teachers create and manage courses — including essential components such as lectures, assignments, books, quizzes, and syllabuses — and offer them to millions of iOS users around the world. The app also gives iOS users access to the world’s largest catalog of free educational content from top universities including Cambridge, Duke, Harvard, Oxford and Stanford. And starting today, any K-12 school district can offer full courses through the iTunes U app.

Talking Trash

Apple today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.

The Chicago Police Department has begun a voluntary workshop for officers who wish to tell their own stories and write their own books.

Jeremy Lin, an Asian-American Harvard graduate, couldn’t find a role in the league. Then he scored 53 points in two games for the Knicks.