Tech news from around the web:

Square is now processing $4 million in mobile payments daily, TechCrunch reports. The company is on track to reach over $100 million in transactions in July.

AllThingsD reports that the iPhone 5 will be released in October, not September. Gizmodo had previously reported that according to an AT&T employee, the last two weeks of September will be a “event black out” and that “historically the only time they’ve done this was for an iPhone release”.

Google Chrome is Britain’s second most popular browser, reports The Guardian. Last month Chrome overtook Mozilla’s Firefox and captured 22% of UK users, according to the web metrics firm Statcounter.

From the FT:

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