Google to announce Android Pay for in-store and in-app payments at I/O, to re-launch Google Wallet as P2P payments app; Apple to add rewards to Apple Pay  —  Google and Apple Adjust Strategies on Mobile Payments  —  The battle for mobile software dominance revolves around two companies: Apple and Google.

Oculus Rift headset and the computer needed to run it will cost around $1,500 in total  —  Oculus Rift Total Package Price: Around $1,500  —  Oculus CEO Brendan Iribe said Wednesday that his soon-to-be-available virtual reality Oculus headset and the computer needed to run it will cost “in the $1,500 range.”

Google faces challenges with Android as it fails to keep pace with iOS ad revenues and as vendors look to compete on services in the face of declining profits  —  A Murky Road Ahead for Android, Despite Market Dominance  —  In 2005, Google bought a tiny mobile software company named Android …

Avago Agrees to Buy Broadcom for $37 Billion  —  Deal marks latest acquisition in busy semiconductor space  —  Chip maker Avago Technologies Ltd. agreed to buy rival Broadcom Corp. for $37 billion in cash and stock, the latest in a wave of deals for the companies that supply parts to power smartphones, tablets and other gadgets.

Shazam can now scan physical objects for augmented reality and exclusive video content  —  As Shazam teased earlier this year at CES, the company is planning to expand beyond its music recognition technology and into the visual space.  Today, the company officially launched “Visual Shazam …

Apple Store app gains Postmates integration, provides same-day delivery, live tracking of some products in select locations  —  Apple Store App Gains Postmates Integration With Same-Day Delivery  —  Apple is now offering same-day delivery of certain products in its Apple Store app, through a partnership with Postmates.

Jawbone sues Fitbit, accusing it of “systematically plundering” confidential info by poaching employees who improperly downloaded materials before leaving  —  Jawbone Sues Fitbit Over Data ‘Plundering’ by Ex-Employees  —  San Francisco — Close to what should be one of the biggest events …

Google Releases Spotlight Stories App With Support For Non-Motorola Devices And A New Story, Free For A Limited Time  —  Owners of Motorola's newer Android devices are probably familiar with Spotlight Stories.  Those are the immersive animated shorts that are available via the built-in Spotlight Player app.

Hands on with Pixelmator for iPhone: similar functionality to iPad version, but limited screen real estate is frustrating  —  Pixelmator for the iPhone launching tomorrow, we go hands on (update: now available!)  —  Update: Pixelmator for iPhone is now available.  Download it here.

GoPro working on six camera, spherical array for VR content, to be available second half of 2015; and a quadcopter drone, available second half of 2016  —  GoPro Working On A VR Camera Array And ‘Quadcopter’ Drone  —  Today, GoPro announced that it was working on an array …

Jony Ive's new CDO title reflects his role as the overseer and arbiter of taste at Apple, similar to Job's role when he was CEO  —  On Jony Ive's Promotion to Chief Design Officer  —  Ben Thompson's take, published yesterday, makes several interesting points.

Sources: IRS believes massive data theft originated in Russia  —  U.S. Postal Service reports huge breach 01:37  —  Washington (CNN)The IRS believes that a major cyber breach that allowed criminals to steal the tax returns of more than 100,000 people originated in Russia, two sources briefed on the data theft tell CNN.

Lenovo announces 14-inch and 15-inch laptops with 3D cameras, prices start at $499, Ideapad 100 for $249, and ThinkPad 10-inch tablet starting at $549  —  Lenovo launches depth-sensing laptop and Surface 3 rival  —  If you're in the market for a mid-range laptop, Lenovo has revealed …

Pebble Time begins shipping to Kickstarter backers — everyone else can preorder it June 22  —  Today, smartwatch maker Pebble began shipping its latest smartwatch to the people who backed the $20 million Pebble Time Kickstarter campaign.  —  The first 10,000 rewards ship this week worldwide.