Good morning! Here's the news:
* Google is acquiring travel software company ITA for $700 million.
* Apple hasn't banned Google ads from the iPhone yet, say developers.
* comScore also made an acquisition picking up Nexius a mobile analytics company.
* IBM is going with Firefox as its default browser.
* Apple's iAds are popping up in apps now.
* The two execs at Microsoft and Yahoo responsible for making the search deal work are grilled by Kara Swisher.
* Asked if he wishes he bought Facebook, Viacom Boss Philip Dauman says, "It wasn’t for sale. I’d be interested in buying Buckingham Palace, but that’s not for sale either."
* Disney acquired top iPhone game company Tapulous.
* Remember Diaspora, the open-source Facebook competitor? They're celebrating a one month anniversary.
* Google CEO Eric Schmidt basically admits Google's trying to make another social network.
* (Enjoy the fourth of July weekend everybody in the USA!)
Read more: Business Insider