The Five Things You Need To Know Today (June 17)

1. Iran Elects New President- Iran has elected Hassan Rouhani as their new president this weekend. Although Rouhani said their nuclear program would not be halted, he did promise more “transparency.”

2. Instagram Set To Introduce Video– In what could be described as the “Vine effect,” Instagram will soon allow users to use video in their app. Video will reportedly be instituted on June 20.

3. DreamWorks Signs Deal With Netflix- DreamWorks has signed an exclusive “TV” deal with Netflix. The movie studio will produce over 300 hours of  content for Netflix that will come from previous movies like Shrek and Madagascar.

4. Jay-Z Announces New Album- In a 3 minute spot during the NBA Finals last night, Jay-Z announced a new album set for release on July 4th. The album is called “Magna Carta Holy Grail.”

5. Justin Rose Takes U.S. Open- Englishman Justin Rose won the U.S. Open yesterday. Rose was overall +1 for the tournament.

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