Earlier this week, Adobe published a list of known issues with its products and Lion. As it turns out though, one specific cited incompatibility--that hardware video acceleration was disabled in Lion--was, well, totally incorrect. Adobe reported the initial issue based on a beta build of Lion and one particular Mac graphics chip. And this is a company that makes and deploys some of the world's most widespread software.

(YouTube)

It's a video that opens with Apple VP of iPod, iPhone, and iOS product marketing Greg Joswiak on an exercise bike. Really, what more do you need to know? Plus you get a look at Joz's home screen, which contains--as far as I can tell--only . Also, don't to be too worried if you're waiting on a reply from an email to Joz, he's apparently got a lot of unread messages.

(Bloomberg)

Is Apple in the market for video-streaming site Hulu? Bloomberg says the two companies are in early talks. Then again, Hulu is also reportedly in talks with Yahoo, Google, AT&T, and, by this point, probably that little coffee shop down the street from you too. The deal would give Apple--or whoever ended up purchasing Hulu--five years worth of licensing rights for popular TV shows and movies that nobody really wants to watch, all for the low low cost of around $2 billion--or about 2 percent of Apple's cash reserves.