Analysts predict over 10 million iPhone 5 Sales for Sept. — Topeka Capital Market analyst Brian White has predicted Apple will sell somewhere between 10 and 12 million new iPhone 5s in September reports VentureBeat. With the iPhone launching on Sept. 21, that will mean between 1.1 and 1.3 million iPhones will leave stores every day.

Google adds new app promotion options to AdWords — Google has added new features to its AdWords advertising service designed specifically for app promotion. Advertisers can now bid based on a cost per acquisition basis. Text ads have also been revamped, allowing advertisers to be updated automatically with information from user reviews and rates.

iPhone 5 pre-order sells out in one hour – U.S. pre-orders for the new iPhone 5 sold out in just 60 minutes reports TechCrunch. The iPhone 4S sold out of its pre-order stock in 22 hours.

China’s Alibaba investing challenge Android — Chinese e-commerce company Alibaba has announced it is willing to spend $158 million per year to fund the development of its Linux-based smartphone OS Aliyun. As Tech in Asia reports, the company is largely looking to take OS market share from Android, which it feels handles mobile cloud computing poorly.

Microsoft revamps app store –Microsoft has renamed the Windows Phone Marketplace, changing the service’s name to the Windows Phone Store. The company has also redesigned the store, emphasizing app discovery and improving its search capabilities, reports The AppSide.

Unicom: China will have iPhone 5 in three months – Chinese cellular provider China Unicom has revealed the iPhone 5 will be available on its network within three months, according to The Next Web.

Toys ‘R’ Us announced kid friendly tabeo Tablet — The giant toys retailer announced that it will release tablet focused on content for kids and safety features desired by parents. The tablet will be sold for $149.99 starting Oct. 21.

630K+ devices reading The Economist — Popular magazine The Economist has released new figures detailing the reach of its digital footprint. According to the magazine, 631,967 unique devices opened its app in June.

Dwolla, LevelUp payments coming to Shopkeep – iPad POS system ShopKeep will soon take payments from Dwolla and LevelUp customers. Consumers using the services will be able to use their mobile phones to complete purchases with any merchant using ShopKeep.

Free Wi-Fi coming to Android — Google Play is teaming up with Boingo to sponsor free Wi-Fi at airports and New York City subway stations during September reports VentureBeat. The Wi-Fi will only be available for Android-based devices and smartphones.

Wikipad Android gaming tablet coming in October — Android based tablet the Wikipad has revealed it will launch in October and retail for $499. It will be available exclusively at Gamestop.

[Launch] Run Roo Run hops to iPad — 5th Cell’s popular auto-runner Run Roo Run is now available on iPad. The app is also currently being featured as the App Store’s Free App of the Week.

[Launch] DeNA brings Blood Brother to iOS – DeNA’s fantasy RPG Blood Brothers is no longer an Android exclusive. The company announced this week it has brought the title to iOS.

[Launch] DoubleDutch launches Hive — Productivity app maker DoubleDutch has released its latest product, workgroup collaboration app Hive. The mobile CRM app is available on both iOS and Android.

[Launch] FunMobility unveils Mobile Retail Rewards — Mobile marketing firm FunMobility has launched a new product called Mobile Retail Rewards. The solution is designed to help businesses start their own location-based rewards program.