10 Things You Need To Know This Morning


Photo: Antonio Manfredonio

Good Morning! Here’s today’s news:

  • Twitter is about to get an investment from Kleiner Perkins at a $4 billion valuation.
  • Groupon has a board meeting today to decide if it will accept Google’s $6 billion acquisition offer.
  • In the middle of all the Google deal talks, Groupon has bought Asian deal company ubuyibuy.
  • Google’s e-book store is finally ready to launch. It should be out by the end of the year in the U.S., and the rest of the world next year.
  • Facebook lost one of its engineering directors. Aditya Agarwal was with the company for five years but left this week to pursue other passions.
  • Peter Currie, a well known Silicon Valley “money-man” will be joining Twitter’s board.
  • Yahoo layoffs are December 13 mostly in the product side of the company.
  • Microsoft exec Tom Rizzo says Google doesn’t know what it’s doing in the world of apps and enterprise.
  • Findthebest.com a comparison shopping site founded by ex-DoubleClick cofounder Kevin O’Conner has landed an investment from Kleiner Perkins.
  • In a “bombshell” move Google temporarily cut off AppNexus from its ad exchange which is going to severely hurt the ad startup.

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