Deadline says
Star Trek scribes Alex Kurtzman and Roberto Orci have been tapped by Sony Pictures to rewrite the script for the sequel to The Amazing Spider-Man, the 3D Marc Webb-directed film that introduces Andrew Garfield as the webslinger and Emma Stone as his love interest Gwen Stacy. Sony releases the franchise relaunch July 3. The first draft was done by Amazing Spider-Man scribe James Vanderbilt. Sony has tentatively scheduled production for the first quarter of 2013.
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This is nothing but great news for the movie because those guys know their shit. I haven't yet seen anything that they've had their hand in that was disappointing to me.
Here's an idea. Give the character back to Marvel so they can add him to the Avengers 2. Kthanx.