Summary:

»  Facebook updates mobile plan in big way with iPad app, HTML5 features (paidContent)

»  Movies in the clouds (WSJ)

&…

Morning Lowdown
photo: Corbis / Patricia Curi

»  Facebook updates mobile plan in big way with iPad app, HTML5 features (paidContent)

»  Movies in the clouds (WSJ)

»  Walmart goes local on Facebook, launches store-level messaging (AdAge)

»  Pandora (NYSE: P) learns the hard way, mobile ads are still far from being a cash cow (paidContent)

»  E-book explosion outside U.S. at least three years away (Publishing Perspectives)

»  Sainsbury’s supermarket buying media vault to launch digital content retail (paidContent)

»  Political blog Laws-N-Sausages buys the Albany Journal (WALB via Mediagazer)

»  Time (NYSE: TWX) for Netflix (NSDQ: NFLX) CEO Reed Hastings to step down? (Mashable)

»  What could a “Kindle membership” program look like? (Joe Wikert’s Kindleville Blog)

»  How the New Yorker monetizes old content (Felix Salmon)

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