The 10 things in advertising you need to know today

Good morning. Here's everything you need to know in the world of advertising today.

1. $4 Revenue was up 21% year-on-year, while EPS was at $8.42, versus the $8.03 expected.

2. $4 The IRS sent Facebook a statutory notice of a deficiency related to whether or not it understated its assets by "billions of dollars" when it transferred part of its business to an Irish subsidiary in 2010.

3. $4 Facebook has its eye set on small businesses.

4. $4 After announcing its sale to Verizon on Monday, Yahoo has posted 23 openings on July 25, 16 on July 26, and 19 on July 27.

5. $4 One plan is for a Christmas TV listings guide.

6. $4 Some of those former employees have accused the organization of giving insufficient severance packages and questioned its alleged ties to a religious institution.

7. $4 Two months after the launch of Budweiser's controversial 'America' rebrand, only 11% of adults 21 and over said they would consider buying the brand the next time they buy beer - Budweiser's lowest figure this year, according to YouGov BrandIndex data.

8. $4 That's according to former Yahoo manager Jelena Woehr who wrote in a blog post that employees at Yahoo were so cynical before Mayer took over that they didn't trust her when she introduced free food in the cafeteria.

9. $4 Chahal is awaiting sentencing after a judge ruled last week he violated his domestic violence probation.

10. $4 MTV Classic will air shows like "Beavis and Butt-Head," "Daria," and "Total Request Live."