Mobile payments startup Square is announcing big numbers today-500,000 Square card readers shipped, 1 million Square transactions in May, and the startup is now processing $3 million in mobile payments per day. Clearly the company is on a roll in terms of traction and usage. And CEO Jack Dorsey is also revealing the next generation of Square. And Square is about to get a whole lot more disruptive. Read more. Then we cover something we don't usually talk about and that is lawsuits. Two worth mentioning is an update on the Lodsys vs App Devs. Here is Apple's response. Next is a class action lawsuit claiming that AT8T is overcharging people on data usage. Also, a Twitter feature update. Listen Below