Ofcom prepares UK airwaves for the Olympics
Ofcom has started planning the best possible way to provide new spectrum in London for the 2012 Olympics. Expected demand will be huge as thousands of devices will be in use by broadcasters, officials and athletes, and Ofcom may have to borrow spectrum from public sector bodies like the ministry of defence. The full plan is expected at the end of the year.
BBC News

Yahoo! and Microsoft still talking search deal
Yahoo! CEO Carol Bartz, has revealed that she is still in talks with Microsoft on a search deal. Speaking at the D: All Things Digital conference, Bratz went on to state that if a sale of the whole company occurred, the other company would have to have a "boatload of money". However, a deal between Microsoft and Yahoo! does not appear imminent.
Silicon

Scammers dial up Western Union attack
Researchers at internet security firm Sophos have reported a new crop of spam emails that appear to be originating from money transfer service, Western Union. Malware authors have been using a wave of fake money transfer forms to infect systems via the service.
VNUnet

Spotify unveils Android App
Spotify, the extremely popular music streaming service, has migrated to the mobile with an application for Google’s Android. The trial application has all the features of  the desktop version and even offers offline sync for those times you wander out of a wireless network. Spotify is also developing similar applications for the iPhone, Symbian and Windows Mobile.
Pocket-Lint

AOL set to be split from Time Warner
Having paid over the odds for the internet giant that was once valued at $240 billion, rumours state that after failing to sell that company to Microsoft and Yahoo!, AOL is set to be spun off from its parent company, Time Warner. Time Warner chief executive Jeff Bewkes is keen to return the company to its content provision roots - focusing on movies, editorial and television - and it appears that the internet side of things will be shoved to the sidelines.
TechRadar

UK Mobile Agency Bluestar Sells To Germany’s YOC
Mobile agency Bluestar Mobile has confirmed that it’s selling to Germany’s YOC Group. The acquisition is designed to further build YOC’s presence in the UK.
Moco News

Smartphone Users Keen on Mobile Web, says AdMob
Mobile ad network AdMob has released its Mobile Metrics Report for April 2009. The report compares Smartphone market share to mobile web usage, and finds that Smartphones accounted for almost three times more usage than their relative market share in April.
Mobile Marketing Magazine

Sky News launches ad-funded video app for iPhone
Sky News has signed Bacardi as the first brand to advertise on its ad-funded video news iPhone app. The app delivers breaking news via text, images and video. In a move the broadcaster claims is a first for a UK-based broadcast company, users will also be able to send their own news and pictures to Sky through the application.
NMA

Netbooks Cannibalising 20 Percent Of European Notebook Sales says Intel
Netbooks could represent one in every five laptops sold in Europe according to Intel and this proportion is even higher in Italy and Britain. Although netbooks might be good for the time being for companies like Intel, it is likely that they will cause ASP (average selling prices) to fall down and this will have a negative effect on profit margins.
IT Pro Portal

Cool-er ebook reader: is this the iPod for books?
Until relatively recently, buying music meant going in to a shop and picking up a CD. Now, all you need is a computer, an internet connection and an MP3 player to instantly download any song you like. This revolution in the music industry, driven in part by the success of devices such as Apple’s iPod, has now moved to the publishing industry which is looking to Apple and their latest innovation - ebook readers.
Telegraph