10 Things You Need To Know This Morning

blake irving

Good morning! Here’s the news:

  • Only one day to go until Apple reveals the newest iPhone (or iPhones), and it looks increasingly likely that we’ll only get an iPhone 4S.
  • Jack Ma of Chinese super company Alibaba is “very interested” in buying Yahoo, largely because Yahoo has owns a big piece of Alibaba, and Ma wants control of that piece.
  • The Amazon Kindle Fire’s parts are now estimated to cost just $150, which suggests it could be turning a profit on each device sold.
  • AirBnB’s founders are paying themselves a $21 million dividend from the latest round of funding they’ve raised. This allows them to cash out without diluting themselves.
  • Google is getting the retail business too, opening a small store in London.
  • Yahoo has a big press conference this morning, which seems to have to do with Yahoo Video. We’ll have live coverage, so stay tuned.
  • Rovio, the parent company of Angry Birds, has lost its top branding executive, a bit of a shock considering how much of the game is built on its various branding efforts.
  • News Corp.’s iPad only newspaper, The Daily, has just 80,000 paying subscribers.
  • Hulu’s owners might not sell after seeing a bunch of weak bids.
  • Morale at Twitter is low because it is losing engineers, and it is trying to justify its $8 billion valuation, according to a big takeout on Twitter in New York Magazine.

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