Thursday, June 17, 2010

Business Insider: 10 Things You Need To Know This Morning

Good Morning! News:

* AOL sold social network Bebo to Criterion Capital. AOL bought Bebo for $850 million, but the final sale price might not even top $5 million.

* The U.S. government is suing Oracle, saying it overcharged and cost taxpayers tens of millions of dollars.

* Ex-AOL advertising exec Eric Bosco is leaving comScore after just 5 months on the job.

* Apple announced that it got a whopping 600,000 pre-orders for iPhones on the first day pre-orders were available.

* Twitter rolled out its first advertisements, promoted trends. Pixar is using Twitter to advertise Toy Story 3 which comes out Friday.

* Facebook COO Sheryl Sandberg says, "E-mail--I can't imagine life without it--is probably going away."

* The New York Times has big story on IBM's Watson, the world's most advanced question and answer machine. It's good at playing "Jeopardy."

* The Huffington Post has acquired 2-person company Adaptive Semantics to help manage comments.

* Salesforce CEO Marc Benioff talks about his decision to donate $100 million to build a medical center in San Francisco.

* For your video of the day, Gawker has footage of Mark Zuckerberg "icing" a Facebook employee.

Read more: Business Insider

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