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Posted at 8:30 AM ET, 01/11/2011

The Circuit: Verizon's iPhone, The Daily for iPad, good news for Groupon

By Hayley Tsukayama

LEADING THE DAY: Verizon is holding a press event today at 11 a.m. widely assumed to be the announcement of a Verizon iPhone, marking the end of AT&T's exclusive contract to carry the Apple smartphone. Some iPhone users have been waiting for years for a choice between networks, and it's believed that Verizon could expect anywhere from 9 million to 12 million iPhone users to join its network. Analysts told The Wall Street Journal that they expect AT&T to launch an aggressive marketing campaign to keep its customers. AT&T has already slashed the price of the iPhone 3GS to $49. The Wall Street Journal has also reported that Verizon will be offering some form of unlimited data plan for iPhone users.

Faster Forward's Rob Pegoraro will be providing live updates from the press conference, so check his blog out at 11 a.m. for the latest news.

Murdoch, Jobs to announce iPad newspaper: Rupert Murdoch and Steve Jobs are expected to announce the launch of The Daily, an iPad newspaper, Wednesday, according to Yahoo! News' The Cutline. The two men are said to be launching the initiative at an event at the San Francisco Museum of Modern Art on Jan. 19. Little is known about the planned iPad newspaper, though Murdoch has been hiring journalists away from publications such as his own New York Post, The New Yorker, The Daily Beast and Politico to work on the project.

Groupon closes $950 million round: A good news for the coupon site Groupon, which announced in a press release that it has raised "like, a billion dollars." The release also stated that the site grew from 2 million to more than 50 million subscribers in 2010. The company recently spurned a $6 billion buyout offer from Google.

T-Mobile UK cuts data limit: From Endgadget, T-Mobile UK has plans to cap its fair use data limit at 500MB for all UK customers and told its users, "if you want to download, stream and watch video clips, save that stuff for your home broadband." In response to backlash from its consumers and reports of its move in the tech media, T-Mobile clarified its plans in another release saying that it will not charge surcharges for use over 500MB per month, but will simply cut users off from its data network.

AMD Chief steps down: The CEO of the chip manufacturer Advanced Micro Devices, Inc. (AMD) has stepped down, surprising many industry insiders and analysts. Dirk Meyer has been AMD's CEO since 2008 and there seemed to be no indication that he was planning to step down when he appeared at the Consumer Electronics Show last weekend to launch a new line of products. As CNET points out, the tone of AMD's press release announcing the decision makes it sound as if wasn't entirely Meyers', but rather the decision of AMD's board.

North Korean hackers prank Kim Jong-Un: Reuters reported Saturday that hackers in North Korea took to Twitter and YouTube to criticize the country's leader Kim Jong-il's son and heir apparent, Kim Jong-Un on his birthday. Hackers uploaded a video on the regime's YouTube Channel showing an animated Kim Jong-Un driving a convertible through poor, starving women and children. Tweets mocking both men also appeared on the country's official Twitter feed. Members of a South Korean internet forum, Dcinside, have claimed credit for the attacks.

Google Docs gets visual: Those who use Google's document management system can now upload and play videos up to 1GB in their Google Docs. Users can upload a variety of files, including .avi and .flv formats, and must have Flash installed.

By Hayley Tsukayama  | January 11, 2011; 8:30 AM ET
Categories:  AT&T, Apple  
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Everything adds up to the rumor finally being true. Thank God, I couldnt be happier! After so many misleading articles, and so many rumors and gossip, its finally here!
Very nice, Can't wait to pick one up.
but no 4g? Every Android phone coming out has been taking advantage of each network's 4g capabilities. This may hurt Apple. I mean... I wouldn't want to stick to a 3g phone for the next 18-20 months.
Hmm, maybe we could read some difference on iPhone 4 and 3GS:
Hope the 4G newtwork launch soon!!!!!!!!!

Posted by: leey | January 11, 2011 9:31 PM | Report abuse

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