peHUB First Read

Problems in TV Land: Apple TV splits network execs. Basketball is Good: Nike said orders in China rise 25% due to demand for basketball sportswear. LinkedIn IPO: Company acquires ChoiceVender and CEO admits he's talked to bankers about a lot of things. Banker League Tables: BofA Merrill Lynch surprises and places fifth. More Oracle M&A: Larry Ellison says that a microchip firm would be pretty tasty now. Joe Hobot: Why the FB phone might fail. Facebook Outage: How FB fixed its site yesterday (they turned it on and off). FT Alphaville: Larry Summers and who will replace him. PE Exec Goes VC: Laurence Garrett, former 3i partner, to join Highland Capital.