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Tech news from around the web:

Apple has said in a statement that it has found a few bugs that are affecting the battery life of its latest iPhone devices running iOS 5, AllThingsD reports. Apple has said it will issue a software update in a few weeks.

Amazon is launching a book lending service for Kindle and Kindle Fire owners who are also subscribers of Amazon Prime, ReadWriteWeb reports.  

Tech news from around the web:

  • Spotify, the European music streaming service is ‘a few weeks away’ from inking a deal for US rights to songs from Universal Music Group, the world’s largest music company, people familiar with the talks have told Reuters. However, Spotify could end up launching without Warner Music Group, the number three music label group, says one person close to the talks.

 

Tech news from around the web:

  • Apple is lowering its minimum spend from advertisers on its iAds advertising platform from $1m to $500,000, says AllThingsDigital. The move, which follows the first run of iAd campaigns, is designed to appeal to smaller-scale advertisers who originally couldn’t afford the platform.