The Morning Lowdown 12.16.10

»  Gilt Groupe has secured a $15 million line of credit — but it has only drawn down $5 million of that. [Bloomberg, eMoney]

»  Apple (NSDQ: AAPL) is set to make a major push into illustrated books, introducing more than 100 titles to its iBookstore, an assortment of children’s books, photography books and cookbooks. [NYT]

»  So it’s been two months since the first Google (NSDQ: GOOG) TV device went on sale — and just in time for last minute holiday shoppers, the company has some tiny improvements designed to grab electronics consumers’ attention, such as the ability to watch the same show on the computer and TV simultaneously and remote control via Android phone. [Google]

»  Members of Gnosis, who claim to have been behind the massive Gawker commenting hack, say they’re not planning any more large scale attacks-but their power has increased exponentially. [Daily Beast]

»  Ad spending is expected to be up again next year, but cable advertising’s strength has been robust for a while. Credit Suisse doesn’t expect that to change. [Barron’s]

»  Can’t afford a night out at a comedy club? There’s a lot of professional free comedy on Twitter. [Splitsider]