Today in Tech: Why TVs are cheapest they've ever been

Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.

* Thanks to oversupply and competitive pricing, TVs are the cheapest they've ever been. It's a situation that's causing major problems for retailers and manufacturers, including significantly lower profits, and in Sony's case, forcing the Japanese company to overhaul its TV operations. (The New York Times)

* Google+ gained 12 million users this month, bringing the nascent social network's total tally to 62 million. At this rate, Google+ could have 293 million users by the end  of 2012. (AllThingsD)

* If the numbers are any indication, there are a lot of happy consumers out there...  Christmas Day proved to be the best day ever for activation of Apple iOS and Google Androiddevices. On a typical day, activations range between 1.3 million and 1.8 million, but this past Dec. 25, that number soared to 6.8 million. (Flurry Analytics)

* Despite the company's missteps earlier this year, people still spend more than twice as much time on Netflix (NFLX) than they do on TV streaming service Hulu. (TechCrunch)

* Meet YouTube Slam, a new "Hot or Not"-type experiment where emerging viral videos go up against one another and users vote for a winner. (VentureBeat)

Don't miss the latest tech news. Sign up now to get Today in Tech emailed every morning.