10 Things You Need To Know This Morning

jeff bezos

Photo: AP

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

  • Groupon’s PR boss suddenly quit after just two months on the job, probably because of CEO Andrew Mason’s memo that might have violated SEC rules.
  • It looks like Amazon’s 10-inch tablet will only ship in 2012, with a smaller, 7-inch model shipping in the fall.
  • It looks like HP wants to spin off its PC business, instead of selling it to someone else.
  • Yelp is scaling down its Groupon-killer. It seems a lot of daily deals offerings are shutting down or scaling down, which means Groupon is probably doing something right.
  • Big day for European social media powerhouse Wikio: it’s changing its name to Ebuzzing, pivoting its business and raising a big round of funding.
  • Dropbox raises money at a $4 billion valuation. Here’s why that’s cheap.
  • LearnVest is launching a new product for mums. LearnVest is a personal finance site focused on women.
  • Couchsurfing.com goes for-profit and raises a big round of funding to go after Airbnb.
  • Meet Zynga’s next hit, Adventure World.
  • BONUS: Tim Cook’s great response to a random emailer.

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