10 Things You Need To Know This Morning

myhabit fashion flash sales

Photo: MyHabit

Good morning! Here’s what you need to know:

  • Gilt Groupe raises $138 million at a billion dollar valuation. It’s going to need it to fight off Amazon and Vente Privée.
  • LinkedIn sets its IPO valuation at above $3 billion. That’s more than 10X revenue.
  • Apple created something called Apple University to prepare for the end of the Steve Jobs era.
  • Facebook’s top mobile developer leaves.
  • Condé Nast will sell The New Yorker via subscription on the iPad
  • A report by ad agency WPP says Apple’s brand is more valuable than Google’s, whatever that means.
  • Now Microsoft is interested in buying Skype.
  • Google is going to build its own office space.
  • The Groupon of Brazil is expanding aggressively.
  • BONUS: Paul Allen’s $40 billion mistake.

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