10 Things You Need To Know This Morning

impact crater

Good morning! Here’s the news:

  • Facebook speculators are blaming everyone but themselves for the stock’s poor performance so far.
  • Henry Blodget argues that Facebook’s stock was overvalued to begin with and should really be priced in the $16-$24 range.
  • Business Insider’s Owen Thomas looks at how Facebook’s stock performance may impact its ability to recruit top talent.
  • SpaceX, the private company run by Elon Musk, successfully launched a rocket early this morning. The era of commercial spaceflight has officially begun.
  • Apple is reportedly testing two new iPhone prototypes at its headquarters, both of which have larger 3.95-inch screens.
  • Speaking of Apple, here are all the products you can expect the company to announce in the next month.
  • Mike Arrington revealed at TechCrunch Disrupt yesterday that Google had the opportunity to buy Twitter for $5 billion, but the company was too focused on building up Google+.
  • Silicon Valley isn’t creating as many jobs as you might think. The Economist explains why.
  • Meet the 20-year-old philosophy major that every startup wants to recruit. For now, all he wants is to finish college.
  • In case you missed it: Here is our definitive list of the 101 people in tech that you need to follow on Twitter.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.