»  It was Google—not Yelp—that pulled out of the two companies’ acquisition talks. [New York Times]

»  Hulu is now starting to show some music videos from Warner Music. This follows a limited music video deal Hulu reached with EMI a month ago. [CNET and also our update]

»  Ad spending on social networks in the U.S. will increase 7 percent to $1.3 billion next year. By contrast, it grew 3.9 percent in 2009, according to eMarketer. [MediaPost]

»  The judge overseeing the Craigslist-EBay litigation ominously warns the two parties that the ultimate ruling may “make everyone unhappy.” [San Jose Business Journal]

»  President Obama is appointing former Bush administration advisor (and ex-Microsoft and EBay executive) Howard Schmidt to be his cyber security coordinator. [EWeek]

»  A video recap of the decade in business and technology. [WatchMojo]