In the News: BMW, BBC, BP and more

Academy Awards aims to capture TV/Twitter audience.

Adidas invites fans to name matchball at London 2012 Olympics.

Aldi takes a bite out of the Big Apple. 

Apple may bring out new Macbook Pro line this week.

BBC scraps BBC America newscast, looks to expand US distribution for BBC World  News channel.

BMW to unveil new model.

BP moves into India with Reliance.

EA/Hasbro partner for Facebook Monopoly game.

Electrolux hovers in hopes of buying Daewoo Electronics. 

Facebook targets Asia. 

Gilt Groupe raising up to $100M in venture backing.

Google seeks to avoid antitrust fight in Europe.

Google, Kellogg and Apple top TNS UK brand-reputation ranker.

Groupon gears up expansion in China.

Ignighter online dating site finds love in India.

Newsweek turnaround plans operate (uncharacteristically for Tina Brown) beneath the radar.

Nordstrom dives into private online sales business. 

Porsche to pick up pace of product launches, sales.

Procter & Gamble plots its digital future. 

Sears riles ad industry with pitch demands.

Spotify attracts $100M investment from DST.

Starwood to bring Aloft brand to UK in time for London 2012 Olympics.

Target forms executive committee to direct political giving.

Toyota begins new advertising push, “No. 1 for a Reason.” 

Volkswagen and GAZ plan Russian joint venture.

Waitrose revamps website for e-commerce.