It looks like Hulu could be in for some major changes. Variety has acquired a confidential memo regarding changes the streaming service is considering following the buyout of one of its owners in September. They're just speculation for now, but they sound like a pain for viewers and bad, bad news for Hulu.

It's been two years since Next Issue Media was first announced but the subscription-swapping, all-you-can-read digital news-stand is set to launch tomorrow.

The New York Post just released its Android App and is currently available for free as Amazon's Free App of the Day (it'll cost $2 later). So grab it if you love to read hilarious headlines, page six gossip and more. [Amazon Appstore]

The UK Guardian has the low down on how LulzSec's primetime hack of the UK Sun went down. It happened in two phases: one was discovering an exploit in the "contact us" section. The other was the discovery of a retired server.

Whoa, all those scandals and that hacking incident must have taken their toll on Rupert Murdoch. CNBC suggests the News Corp CEO may resign his postion and turn over control of the company to COO Chase Carey. [Twitter and Reuters]

The phone-hacking scandal that saw Rupert Murdoch close the UK's News of the World newspaper and several high-profile resignations has reached a crescendo. Thankfully there's a faux movie trailer to make light of the situation. [Thanks, Petah!]

As delightful as it's been to watch Rupert Murdoch's British fiefdom slowly drown in a foul swamp of wickedness and criminality, it's worth remembering that all good reporters are amoral monsters and that without a lot of highly questionable behavior on the part of sordid hacks around the world, we wouldn't know half…

MySpace was just sold like a GameCube on Craigslist, snatched up by a no-name advertising firm (and Justin Timberlake?) for less than a tenth of what NewsCorp bought it for in '05. But it wasn't always a disaster. Let's reminisce.

Both CNBC and Wall Street journal reporters have sources telling them Hulu received an offer to be bought out, and now they're considering it. The main consequence of such a sale would would revolve around network and cable television content on the site.

After buying MySpace for $580 million five years ago, News Corporation will sell the dying social network at a steep discount, with bids due this week. But don't even think about bidding below $100 million. MySpace has its dignity!

We've talked about how Hulu lost its way because its owners don't care if it wins. Now, a single post from Hulu CEO Jason Kilar has dragged that tension into the open. It's a soap opera that's worth watching.

It's clear that Rupert Murdoch and Steve Jobs hold each other in high regard, aligning their companies, to some extent, for the ambitious new iPad-only newspaper The Daily. But Jobs doesn't just build, Murdoch says, he destroys, too.

The Daily is finally here. It's good all the way through, occasionally great, and it will certainly be an impressive feat (and a good value) if they can keep churning it out like this every day. But it's no revolution.

TechCrunch has an exclusive look at News.me, a new social news iPad app that keys you into what your friends are reading/linking to, while allowing you share the news you're reading as well. Will it compete with The Daily?