10 Things You Need To Know This Morning

steve ballmer microsoft surface announcement

Photo: Microsoft

Good morning! Here’s the news:

  • Microsoft is expected to show off Office 15 at an event today.
  • Comcast has acquired Microsoft’s 50% stake in MSNBC.com, officially ending the web partnership between Microsoft and NBC. MSNBC.com is now NBCNews.com.
  • This diagram explains Facebook’s next $10 billion business.
  • The New York Times reports that Amazon is working on a larger version of the Kindle Fire tablet to compete with the iPad. Meanwhile, Apple is said to be working on a smaller version of the iPad to compete with cheaper tablets like the Kindle Fire.
  • Apparently teens really don’t care about Twitter. Nearly three quarters of teenagers with Twitter accounts say they never use the social network.
  • Google’s new Nexus 7 tablet is off to an encouraging start, selling out at major retailers like Sam’s Club and Game Stop, according to Reuters.
  • U.S. venture capital had its biggest quarter in more than a decade, AllThingsD reports. 
  • Apple’s Tim Cook beat out Oracle’s Larry Ellison as the highest-paid CEO in Silicon Valley last year.
  • Four early employees have left Airbnb, including its lead engineer.
  • In case you missed it: These are the 23 hot Los Angeles startups you need to watch.

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