Good morning! Hope you enjoyed the 3-day weekend. It was eventful for us.Here’s what you need to know:
- Apple CEO Steve Jobs is on a medical leave of absence. COO Tim Cook is running the day-to-day operations of the company. Apple reports earnings today, which we’ll be covering live and where we may learn more.
- Apple and Nasdaq futures are actually up despite the news, although the Nasdaq might still plunge (Apple is 20% of the Nasdaq). We’ll see what the markets do when they open.
- Goldman Sachs stopped selling Facebook stock to its US clients because of SEC concerns.
- Facebook’s third biggest advertiser is apparently an affiliate scam promoting Microsoft’s Bing.
- Also in Facebook news: they stop sharing your address and cell phone numbers with third party app developers.
- iPad 2 cases give us some clues about the device, which includes two “mystery ports.” Maybe an external monitor and an SD card slot.
- Cheezburger, the blog empire behind internet memes like lolcats, raises a whopping $30 million in venture capital funding.
- Rupert Murdoch’s iPad newspaper, The Daily, will sell its own ads instead of using Apple’s iAds.
- Search ad spending jumped 23 per cent during the quarter.
- Bonus video! New York improv group Improv Everywhere’s 2011 No Pants Subway Ride.