Apple Prepares Next iPhone


Walmart discounts iPhone 3GS to $97, sparking rumors of its demise next month, when Apple will reveal the next iPhone (possibly with video chat).

Facebook ads attract brands including Lexus, Wendy’s, ESPN, Sony Pictures, Bose, and Hardee’s.

As the Times of London puts up its paywall, the New York Times says its paywall will be “blogger-friendly.”

BP sticks with chemical dispersant, expert confident in oil well plan as the spill spreads. Mock Twitter feed is least of worries.

Budweiser is producing a special editon metallic World Cup bottle.[more]

CNN profits rise despite ratings woes.

Fortune magazine alum launch a tech startup and conference.

Hotel Indigo brand is getting a makeover.

Macy’s creates digital ad spread for the iPad.

Marks & Spencer‘s profit is up, marketing spend down.

Mastercard is opening its platform to outside developers.

Microsoft is planning a management shake-up.

Pantone Hotel opens in Brussels.

PayPal wants to be your offline pal, too.

Nike extends World Cup campaign to Facebook.

Philips offers €125,000 with CNN to make cities better places to live.

Sony teams with HBO on original TV shows for PlayStation 3.

Unilever named advertiser of the year at Cannes Lion.

Vente-privee plans to extend e-tailing business beyond France.

Visa sponsors TV series on British athletes ahead of London 2010 Olympic games.

Vodaphone plans global rebranding.

Wrangler increases digital marketing to tout “passion for fashion.”

Yahoo is buying Koprol, the “Foursquare of Asia.”

Yoplait and NBCU‘s Oxygen TV channel are putting on their dance shoes.

& it’s Towel Day, in honor of Hitchhiker’s Guide writer Douglas Adams.