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PayPal Has Some Announcements from Google I/O
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I’m out here at Google I/O where PayPal made a couple of announcements: the availability of its Mobile Payments Library for Android and the launch of its PayPal X Toolkit for Google App Engine.

Update: Here is an interview we did with PayPal’s Rasesh Shah on the announcements:

Google Previews Chrome Web Store, Launches Wave as Part of Google Apps, and More
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The Google I/O day one keynote will begin soon. Go here to watch it live. I will post notes below. Please forgive the inevitable typos that are sure to occur.

Please forgive the sub-part notetaking. We’ve been having some techincal difficulties, and connectivity issues at Google I/O. Without wading through the notes, essentially the topic is HTML5 and how it is changing the web, and will continue to do so. Numerous examples are being presented, and you’ll no doubt see more and more as the week progresses.

Android Tops Windows Mobile Worldwide
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Even if Google prefers to name different versions of Android after tasty desserts, the mobile operating system is still doing a good imitation of a simple snowball rolling downhill.  A new report from Gartner indicates Android’s even grown to the point that it’s beaten Windows Mobile in terms of sales on a worldwide basis.

Adobe Announces HTML5 Solution at Google I/O

We’re out at Google I/O in San Francisco, and Adobe announced here that a new HTML5 solution is immediately available to web designers and developers. This comes in the form of an HTML5 Pack extension to Adobe Dreamweaver CS5, the recently launched version of the company’s HTML authoring, web design program.

Online Video Ad Revenue To Surpass $1.3 Billion

U.S. online video advertising revenue is on track to surpass $1.3 billion this year, according to a new report from Parks Associates.

Steady growth in online video viewership, combined with the ability to target specific viewers based on preferences and viewing history is the reason behind the figures.

Hearing Highlights Benefits Of Internet Gambling Regulation

The Safe and Secure Internet Gambling Initiative said today it strongly supports testimony by Reps. Barney Frank (D-MA) and Jim McDermott (D-WA) on the ability to regulate online gambling to protect consumers, collect billions in new government revenue and create thousands of new jobs in the U.S.

Facebook Seeks More Users With Fast, Free Mobile Site
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Numerous reports have indicated this week that Facebook is about to hit the 500 million user mark, and while there may be a big celebration, the social network isn’t slowing down in its quest for users.  Late yesterday, Facebook launched a new site that will provide some people with free and fast mobile access.

LiveWorld Launches Facebook Forum 2.0 For Brands
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Social networking marketing firm LiveWorld has launched Facebook Forum 2.0, aimed at helping brands deepen their level of engagement with their fans.

WebProNews spoke to Peter Friedman, CEO and Chairman of LiveWorld about the launch of Facebook Forum 2.0.

Google I/O About to Begin

Google I/O hasn’t even officially begun yet, but already Google has had an incredibly busy week (not that this is unsual for the company). Facebook chatter has been going strong since its developer conference, but now it’s Google’s turn.

Watch for exclusive interviews live from Google I/O this week.

Yahoo Acquires Associated Content
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The extended Yahoo family just got a whole lot bigger.  Yahoo announced this afternoon that it’s acquired Associated Content, and Associated Content, which specializes in crowdsourced content, is in contact with around 380,000 contributors.

Kindle For Android App Out This Summer
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Amazon.com said today it will release a free Kindle for Android application sometime this summer.

Kindle for Android will allow users to browse and read from over 540,000 books in the Kindle Store.

Kindle for Android features Amazon’s Whispersync technology, which saves and synchs a user’s bookmarks across their Kindle, Kindle DX, iPhone, iPod touch, iPad, PC, Mac, and BlackBerry.

Google Begins Cleanup After WiFi Data Blunder
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However facepalm-worthy Google’s accidental collection of sensitive data sent over WiFi networks may have been, the search giant is at least wasting no time in remedying the situation.  At the request of the Irish Data Protection Authority, Google has already deleted the data it accumulated in Ireland, and the company appears set to dispose of the data it collected in the UK, as well.

Facebook And Zynga Reach 5 Year Deal
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Facebook said today it has entered into a five-year relationship with Zynga, the social networking gaming company behind the popular FarmVille and Mafia Wars.

Under the deal, Zynga will expand its use of Facebook Credits in its games. The deal signals Zynga’s commitment to social gaming on Facebook. Terms of the relationship were not disclosed.

Twitter To Hit Japanese Cell Phones This Summer
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Japan’s third-largest mobile communications company is poised to help Twitter become significantly more popular outside America.  SoftBank has decided to ship a total of 13 different cell phone models with Twitter applications and/or widgets preinstalled.

This will put Twitter in front of a whole lot of people, considering that SoftBank claimed to have 22,092,600 subscribers in April.  Short of a deal with Japan’s first- or third-largest mobile communications company, that seems pretty hard to beat.

USB Worm Top Threat In Q1
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In the first quarter of 2010, a USB worm took the top spot for malware globally, according to a new report by McAfee.

Threats on portable storage devices took the lead for the most popular malware. AutoRun related infections held the No.1 and No. 3 spots due to the widespread adoption of removable devices, mainly USB drives.  A variety of password-stealing Trojans rounded out the top five. Those include generic downloaders, unwanted programs and gaming software that collects statistics anonymously. The popularity of these threats were consistent worldwide.

Carl Icahn Cuts Stake In Yahoo (Again)

Once upon a time, Carl Icahn complained about the way Jerry Yang was running Yahoo and bought a massive number of shares to force him out.  Later, Icahn joined Yahoo’s board of directors and gave Carol Bartz his full support.  Now, Icahn’s involvement seems almost over, as he’s sold around 7.9 million shares.

Former Dmoz Editor: Corruption Was Caught Quickly
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We ran a story recently asking if Dmoz will continue to have a place in search. We received (and still are receiving) a great deal of comments on the article, or rather on Dmoz in general. Words like "corruption" and "corrupt" were used numerous times in describing the editorial process behind the Open Directory Project.

A few samples of comments we received about this:

Doodle 4 Google Contest Down To 40 Finalists
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Google said today it has narrowed down its third annual Doodle 4 Google contest to 40 regional finalists.

For the first time, Google said it is visiting the schools of its top 40 regional finalists and will share educational Google tools with teachers while announcing online voting for the top 40 doodles.

This year’s Doodle 4 Google contest theme is "If I Could Do Anything, I Would" Google says it received more than 33,000 submissions from all 50 states.

Microsoft Previews New Hotmail Upgrade
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Microsoft has introduced a preview of its Hotmail email service aimed at reducing inbox clutter and winning over users of other rival services such as Yahoo mail and Gmail.

Key highlights of the revamped Windows Live Hotmail include the ability to create and edit Office documents right in the inbox, view new emails from friends, social network updates, shipments and appointments upon logging in.

Google Set To Make Big VoIP/Videoconferencing Buy
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A company that specializes in VoIP and videoconferencing technology should soon become a part of Google.  The search giant announced this morning that it is making an offer to buy Global IP Solutions for $68.2 million in cash.

Global IP Solutions is a rather big deal in its niche.  Headquartered in San Francisco, it has offices in Boston, Hong Kong, and Stockholm, and its customers include internationally recognized corporations like AOL, Baidu, Brasil Telecom, Mail.ru, Samsung, and Yahoo.

Key Engineer Leaves Twitter
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An engineer who joined Twitter in early 2007 and later earned the title "API Lead" has now left the company.  Alex Payne announced this afternoon that he’s quit, and will be moving on to act as cofounder, CPO, and CTO at a startup called BankSimple.

This is obviously bad news for Twitter in the sense that Payne was a valuable employee.  Twitter’s developer platform has played a huge role in making the site popular, and Payne’s experience would have been an asset as Twitter continues to grow.

American Heart Association Partners With Nintendo On Fitness
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Nintendo has partnered with the American Heart Association to promote its Wii consoles as a way to stay physically active.

The two organizations said they will work together to help people learn how active-play video games lead to healthy living.

Facebook Closes In On 500 Million Users
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In early February, Facebook announced that it had 400 million users, and while nothing’s certain at this point, it looks like an announcement regarding the next big milestone may be just around the corner.  A new report has indicated that Facebook expects to lay claim to 500 million users in June.

MySpace Gets New Leadership for Marketing, Entertainment
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MySpace let us know that it’s hired marketing industry vet David Donegan as Senior Vice President of Marketing. He will oversee the company’s marketing, entertainment and events teams and strategies.

Donegan will be based in MySpace’s Beverly Hills office and will report to the company’s Co-President, Jason Hirschhorn.