OMG, LOL enter Oxford English Dictionary

«OMG, LOL and FYI are among the latest additions made to the Oxford English Dictionary in a new update.
The online edition revealed that it had selected a "number of noteworthy initialisms" for publication. The latest three, used widely in online and text speech, join previous entries IMHO, TMI and BFF.
[...] A surprise new entry also came from the heart symbol '♥'. Referenced "as a symbol for the verb love", the heart has become widely associated with the 'I ♥ NY' tourism campaign.» Says Ryon Love in Digital Sky. Read the whole article, here.

The latest update of the OED (Oxford English Dictionary)

The latest update of the OED, published on 24 March 2011, revises more than 1,900 entries and adds new words from across the dictionary.  A full list of new words .