Summary:

»  YouTube (NSDQ: GOOG) counting on former Netflix (NSDQ: NFLX) exec to help it turn a profit (LA Times)

»  Airbnb has…

Morning Lowdown
photo: Corbis / Patricia Curi

»  YouTube (NSDQ: GOOG) counting on former Netflix (NSDQ: NFLX) exec to help it turn a profit (LA Times)

»  Airbnb has arrived: Raising mega-round at a $1 billion+ valuation (TechCrunch)

»  PBS website hacked in retaliation for Frontline documentary on WikiLeaks (Poynter.)

»  Confirmed: Twitter plans to announce photo-sharing service this week (All Things D)

»  New business model in vogue at Conde Nast (WSJ)

»  Facebook is globally closing in on 700 million users (socialbakers)

»  Kindle-proof your book in seven easy steps! (The Millions)

»  Jann Wenner: Magazines’ rush to iPad is ‘Sheer insanity and insecurity and fear’ (AdAge)

»  Is Microsoft’s future in data-as-a-service? (ReadWriteWeb)

»  Retailers offer apps with a catalog feel (NY Times)

»  How Mark Zuckerberg hopes music will prevent Facebook from ‘doing a MySpace’ (Music Industry Blog)

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