Google Heads into Apps, Video, Cloud

Google is planning an app store, the Web giant announced at the kick-off to its 2010 I/O developers conference. Click here and here for more news on its app, video and cloud ambitions. Tomorrow's big news will be Google's Smart TV project.

The FDA, mulling releasing details on rejected drugs and devices, also widens investigation of J&J's McNeil unit after finding excessive dosage in children's Tylenol.

Wal-Mart challenged by AP over unsafe levels of cadmium in Miley Cyrus-branded jewelry aimed at kids [Update: the jewelry has been pulled from its stores]. Separately, Wal-Mart is offering cash perks to "the unbanked."

BP was asked by US Rep. Ed Markey to stream a 24/7 live-cam of the seabed oil leaks in the Gulf instead of posting videos.

MySpace is launching a new look, functionality and logo later this year under new chief marketer David Donegan.

M.A.C. is partnering with Disney on a Venomous Villains cosmetics line due in September.

Barnes & Noble plots PubIt!, a self-publishing portal, this summer.

Twitter expects "hundreds" of brand advertisers this year.