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Posted at 10:15 AM ET, 01/27/2011

The Circuit: LinkedIn IPO, Clinton asks Egypt to unblock social media, Hulu looks to the future

By Hayley Tsukayama

LEADING THE DAY: LinkedIn is expected to file for its initial public offering today. Citing sources close to the situation, All Things Digital reported that the professional social network will be filing its S-1 form before the market closes today. The company is rumored to be worth about $2 billion.

Clinton urges Egypt to unblock Twitter, Facebook: According to the Associated Press, Secretary of State Hillary Rodham Clinton urged the Egyptian government to lift its ban on social media sites such as Facebook and Twitter as the country deals with the aftermath of riots that shook Cairo this week. Clinton said that the United States supports Egyptians' rights to freedom of expression, association and assembly.

The Egyptian government denies that it is blocking the social media sites. There are mixed reports on Twitter about the status of the micro-blogging site in Egypt. Some insist that the site is blocked, while others say the sites are up but moving slowly.

Hulu may be rethinking format: Hulu may be rethinking its strategy as it gains popularity. According to the Wall Street Journal, the company is in internal talks over how much of its content should be offered for free. There has been some talk of making Hulu a sort of online cable channel with streaming television and video-on-demand. The article says the company is looking for alternate sources of revenue, as it looks to take on its subscription-based competitor, Netflix.

AT&T beats analyst iPhone expectations: AT&T reported that activated 4.1 million iPhones in its fourth quarter, defying expectations that losing exclusive rights to Apple's iPhone would significantly hurt the company. The company sales were at $31.4 billion, up 2.1 percent from last year.

iPad hackers get hacked: Goatse Security, the group that claimed responsibility for the iPad AT&T data breach this past summer, has been hacked itself. A message appeared on the group's Web site taunting them for their own security failures and congratulating the FBI for their investigation. CNET reported that it got in touch with the hacker who said he "felt it was appropriate to give them a taste of their own medicine. I felt some negative publicity would hopefully cool things down and force them to rethink their behavior."

Dems lose ground on social media: The latest study from the Pew Internet and American Life Project shows that Democrats have lost the social media crown as more Republicans and conservatives take to Twitter and Facebook to organize. The study also found that politicians who use social media are viewed as being more personally connected to their constituents.

Twitter launches "Connections": Twitter has launched a feature called "Connections," similar to Facebook's lists of mutual friends. When a user visits another user's profile, they will see a section that tells them what followers they have in common and which users follow both of them.

By Hayley Tsukayama  | January 27, 2011; 10:15 AM ET
Categories:  AT&T, Facebook, International, Twitter  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: FCC grants LightSquared approval to use satellite airwaves for cell phones
Next: Five Anonymous hacker suspects arrested in Britain, police say

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