10 Things You Need To Know This Morning

verizon ceo Ivan SeidenbergVerizon CEO Ivan Seidenberg

Photo: Associated Press

Good morning! Here’s the news:

  • Apple is expanding its production lines to make more iPads.
  • Sean Parker bemoans the state of venture capital, saying it poses a “systemic risk” to the nation if VCs don’t get better returns on capital.
  • Apple exec Phil Schiller is on Twitter, using Instagram, but not tweeting very often.
  • Zynga says it wants to IPO, not sell.
  • Yelp is offering up check-in offers like Facebook Places and Foursquare.
  • Apple is planning a big event for the middle of December to announce Rupert Murdoch’s tablet focused news venture, The Daily, as well as a few other things.
  • Verizon wants the government to completely redo telecom laws.
  • Steve Wozniak says Apple bought Nuance a speech recognition company. (Nobody knows if this is true or not.)
  • Accel Partners fund IX has a hall of fame roster with Facebook, Zimbra, AdMob, Citrix, and others.
  • HP beat earnings, had a rosy outlook for 2011, and planned on raising the R&D budget as well as employee pay.

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.