Business Insider/Michael Seto
AOL CEO Tim Armstrong
1. AOL's sales team was hit with a massive round of layoffs on Friday. Over 150 jobs were cut.
2. The Daily Mail has acquired Elite Daily. It paid between $40 and $50 million for the media company.
3. The CEO of Dropcam has left Nest. Greg Duffy has left the Google-owned company.
4. Apple stock hit a record high on Friday. It was trading above $120.
5. IBM's CEO is getting a $100,000 pay rise. Ginni Rometty's salary is $1.6 million this year.
6. A photo may show a leaked iPad Pro case. It's rumoured that a larger, 12-inch iPad is on the way.
7. Jay Z is close to buying his own streaming music service. The rapper has offered to acquire the maker of WiMP and Tidal.
8. Snapchat has launched a webseries. "Literally Can't Even" stars Sasha Spielberg.
9. Vine has launched Vine Kids. It's a version of the app that highlights child-friendly content.
10. A game devised by the creator of The Oatmeal is now Kickstarter's most-backed project. It's about exploding kittens.