10 Things You Need To Know This Morning

Square CEO, Twitter chairman Jack Dorsey

Photo: democonference

Good morning! Here’s the news:

  • Twitter just went through a giant reorganization, assigning employees to one of three divisions: consumer growth, advertising and international.
  • Twitter is also going on a big international hiring spree and poaching lots of Googlers.
  • Meanwhile, we’re hearing that Twitter’s visionary Jack Dorsey has spent a lot less time at the company this year, instead focusing more on his payments startup Square.
  • Facebook officially launched its App Store on Thursday (as we reported they would earlier in the week). Here’s why it’s a big deal.
  • Facebook also finally got some good news: An upcoming ComScore report reveals that Facebook ads are effective after all.
  • LinkedIn put out a statement revealing that nearly 6.5 million accounts were hacked earlier this week. The company is working with the FBI to investigate the situation.
  • Google will launch its first Android tablet later this month, which will offer magazine subscriptions from some major publishers.
  • A new Bloomberg Businessweek profile of Apple’s global marketing chief Philip Schiller reveals that his power at the company is on the rise, and some employees think that’s a bad thing.
  • Speaking of Apple, the company was just granted a patent that should help it crush the Ultrabook competition.
  • In case you missed it: These are the 25 people every new founder should meet in New York tech.

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.