Apple Maps looks set for a big upgrade with yet another mapping acquisition
With the number of GPS companies Apple has been scooping up in the last few years, Tim Cook may have a whopper of upgrade to announce for Apple Maps at the company’s upcoming developers conference in June.
Read more on Forbes

For Verizon and AOL, mobile is a magic word
In a memo to employees after announcing that Verizon Communications would buy his company for $4.4 billion, Tim Armstrong, AOL’s chief executive, offered a rhapsodic hymn on a single subject: mobile.
Read more on New York Times

U.S. regulator says PayPal to pay $25 million over credit product problems
The U.S. consumer financial watchdog on Tuesday accused PayPal of illegally signing consumers up for an online credit product without their permission and directed the company to pay a total of $25 million in fines and consumer redress.
Read more on Reuters