iOS 4.1 will be available sometime this week for iPhone & iPod touch
Apple just introduced iOS 4.1. Steve Jobs discussed a bunch of fixes and new features, including: (so run your software updates!)

• various bug fixes for Proximity, Bluetooth and iPhone 3G
• High Dynamic Range photos
• HD video upload over Wi-Fi
• TV show rentals
• Game Center

The High Dynamic Range photos is basically three separate images so that it c an gather midranges, shadows and highlights more effectively. As a former journalism and phototography teacher, I love this idea.

iOS 4.2 for iPad
The iPadis  getting its own (i)OS update.

• wireless printing for iOS on your iPad
• AirPlay to stream video and audio over Wi-Fi from your iPad
• add apps to folders, just like iPhone, as well as multitasking

The update will be available in November, and it’s free for iPad users.

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3. Letter from Apple Regarding iPhone 4
4. iPad & MobileMe are finally more CLOUD friendly
5. Museum of Modern Art has an iPad App!