Yes it is true! Last week we did submit an update to Apple Store for the YouVersion Bible app for iPhone. We are excited for Apple to release this update as it has many bug fixes and some new integration that will allow you to share scripture through Twitter.
We are also in heavy development on another update for the YouVersion iPhone Bible app that will add YouVersion.com/Live integration. You can be looking for that to be coming down the pipe sometime in October.
(For more information about YouVersion.com/Live go to the site and sign up for our Webinar that will give a walk through of the features and have examples of how it can be used.)