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Aug 22 2008 8:41AM EDT

First Bytes: Verizon/Google, iPhone, IAC

- Verizon Wireless and Google are nearing a mobile search deal. It would be big coup for the Web giant as it eyes the cell phone market. [WSJ]

- The land grab is on to create software for Apple's iPhone. Stand and witness the iFund, a $100 million account backed by Silicon Valley heavyweight Kleiner Perkins Caufield & Byers. [NYT]

- But there are more problems with Apple's MobileMe service. [TechCrunch]

- Barry Diller's IAC/Interactive has officially broken apart. [AP]

-Sam Gustin

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