Are you frustrated with seeing updates in the App Store for apps that you have no intention to update? If you have a jailbroken device, you can use the Update Hider for iOS 5 tweak to hide them away.
Once installed, Update Hider adds a new section to your device’s Settings app. This new section would let you view all the app updates that are available to you, just the way way you view them within the App Store. Simply tap the ‘Hide’ button to remove them from the App Store.
If you choose to update some app in future, you can use Update Hider to unhide your apps. When you do that, the updates for the apps would reappear in the App Store. The video shared on this page shows how Update Hider works.
Update Hider is available for free download from the BigBoss repo in Cydia.
Source: Cult Of Mac