10 Things You Need To Know This Morning

scott forstallScott Forstall

Photo: Justin Sullivan/Getty Images

It was great to see so many of you at our Ignition conference this week! For those we missed, there’s always next year.Let’s get to the news:

  • LivingSocial is firing 9% of its staff.
  • Today, Groupon’s board will decide if CEO Andrew Mason should stay or go.
  • Samsung made an Android-powered camera, and it looks really cool.
  • Facebook’s top engineer is trying to read your mind.
  • The man who designed the iPod says fired iOS boss Scott Forstall “got what he deserved.”
  • An NYU student accidentally sent a Reply To All to the entire student body. Now they’re calling it Reply-Allpocalypse 2012.
  • President Obama opposes the kind of immigration reform many Silicon Valley firms seek.
  • Sharp is talks to raise $240 million from Dell.
  • This is a $20 tablet computer out of India.
  • Silicon Valley’s most renowned startup incubator, Y-Combinator, cut the amount it will invest in new companies nearly in half, and people want answers.

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