10 Things You Need To Know This Morning

steve jobs mac app store

Good morning! Here’s the news:

  • The real reason Groupon rejected Google was fear of regulatory scrutiny, and Google’s offering a low ball breakup fee.
  • Automattic, the parent of WordPress is doing 300 million uniques per month and $10 million in annual revenue.
  • Mark Zuckerberg has agreed to give away his billions of dollars eventually.
  • Google is activating 300,000 new Android devices per day, making it the biggest smartphone OS in the world, it seems.
  • Alibaba has overtaken Google as the second largest Chinese online ad company.
  • 8% of online Americans are using Twitter.
  • The Mac App Store will be launching in January of next year.
  • Apple’s iPhone is one of the first smartphones to successfully land in Korea, home to Samsung and LG.
  • Apple’s main iOS game developer Graeme Devine is leaving the company to start his own company dedicated to iOS and Apple gaming.
  • American investors love Chinese IPOs — Youku, the Chinese YouTube, gained 160% in its first day of trading, the most since Chinese search engine Baidu went public.

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