10 Things You Need To Know This Morning

Hulu CEO Jason KilarHulu CEO Jason Kilar

Photo: rsepulveda

Good morning! Today’s news:

  • Dish appears to be the lead bidder for Hulu with a $1.9 billion offer. Google offered $4 billion, but it wants extended rights to the TV shows.
  • Amazon is naming its tablet the “Kindle Fire,” and it’s going to look just like a BlackBerry PlayBook. (Sounds like it’s going to be a disaster.)
  • Chelsea Clinton is joining the board of IAC.
  • Everyone is freaking out this morning about Zynga’s profits tanking 90% on a year over year basis.
  • Facebook will reportedly release its iPad application at the iPhone 5 event.
  • Speaking of Facebook’s iPad app … it’s been completed for a while now, but never released, according to an employee who worked on it. He quit Facebook for Google after getting frustrated by Facebook’s delays.
  • Microsoft employees were walking out on Steve Ballmer when he was making his big rousing speech at the company’s big internal staff event last Friday.
  • New smartphone owners are overwhelmingly choosing Android instead of iPhone in the US.
  • After a controversial report from JP Morgan said iPad orders were cut by 25%, everyone else on Wall Street came out and shot down the report.
  • Social bookmarking service Delicious has relaunched.

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