10 Things You Need To Know This Morning

Chief Yahoo and cofounder Jerry YangChief Yahoo and cofounder Jerry Yang

Good morning! Here’s the news:

  • Yahoo has dropped out of the bidding war for Hulu. This leaves Dish Network, Amazon, and Google to bid on it.
  • The Hulu Plus business model is working. $8 per month from subscribers will soon account for half of Hulu’s revenues.
  • Yahoo cofounder Jerry Yang aims to make Yahoo a private company.
  • Red Hat is on track to become a $1 billion company. Here’s our exclusive Q&A with CEO Jim Whitehurst.
  • Disappointed by the lack of an iPhone 5? Don’t be — the iPhone 4S was always Apple’s plan.
  • Steve Jobs strangely never had licence plates on his car. 
  • The 4S already looks like a hit — AT&T got 200,000 pre-orders in 12 hours.
  • Sony is making a “hefty deal” to get the rights to make a Steve Jobs movie.
  • There’s a run on Steve Jobs turtlenecks.
  • After a huge fight with Salesforce, Larry Ellison unveiled a direct competitor.

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