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Square opens public trial for iPhone payment system
Thursday, 11 Feb, 2010 – 19:22 | No Comment
Square opens public trial for iPhone payment system

Eager to get in on the whole ” using your iPhone to pay for stuff ” revolution? Too bad your wallet is vehemently disagreeing right now. At any rate, the folks behind the Square iPhone payment system have finally seen fit to open up their solution to the public, but only in the form of a pilot. If you’re interested to be one of the few scratching the impulse-buy-itch with a cellphone dongle , hit that source link to sign up. For the rest of ya, there’s an explanatory video after the break

Intel forks over the $1.25 billion settlement to AMD, apparently had it ‘just laying around’
Friday, 11 Dec, 2009 – 9:49 | No Comment
Intel forks over the $1.25 billion settlement to AMD, apparently had it ‘just laying around’

Remember that time you owed your buddy for the take out and then you found $20 in the couch? This is kind of like that. Except instead of “take out” we’re talking “accusations of anticompetitive practices and stolen IP,” and instead of “$20″ we’re referring to the $1.25 billion check that Intel just shot into the arm of AMD, as per agreement . Intel certainly isn’t out of the woods yet with this anticompetitive stuff, but with the biggest CPU monkey off its back and some fancy patent cross-licensing between the companies, we should hopefully see the benefits of this in better and faster chips from both chip giants in the somewhat distant future. Intel forks over the $1.25 billion settlement to AMD, apparently had it ‘just laying around’ originally appeared on Engadget on Fri, 11 Dec 2009 10:49:00 EST. Please see our terms for use of feeds .

Twitter founder Jack Dorsey’s Squirrel project revealed… as the Square iPhone Payment System
Saturday, 17 Oct, 2009 – 12:54 | No Comment
Twitter founder Jack Dorsey’s Squirrel project revealed… as the Square iPhone Payment System

Remember the Square iPhone Payment System we told you about back in August ? If you’ll recall, the device — which involves an iPhone app and associated dongle — enables an iPhone or iPod touch to become a kind of mini credit card reader, allowing payments to be taken on the spot, no matter where you are or how big (or small) the transaction may be. When we’d first reported the device, word on the street was that it was only being alpha tested around New York City, and there wasn’t much else to say. Now, we may have a little more insight on just where this device is headed, and who’s behind the project.

Apple Building PayPal Killer, Sources Babble [Apple]
Tuesday, 4 Aug, 2009 – 11:55 | No Comment
Apple Building PayPal Killer, Sources Babble [Apple]

According to Silicon Alley, the latest rumor in Wall Street is Apple’s plan to turn the iTunes Store into a payment system like Paypal. In other words, they want you to give them money so you can buy things elsewhere. iPhone and iPod touch users can already buy third-party products within applications using iTunes accounts. However, according to these rumors, the new scheme will open the door for other companies outside the store ecosystem to use iTunes as their payment gate for whatever goods or services they may sell. It makes sense, as people are used to pay with iTunes one-click system—which is licensed from Amazon—anyway. Why not extend to participating companies and make an easy dollar?

AOL Tries to Extort Bogus Fees From Wall Street Journal Writer [Extortion]
Saturday, 4 Jul, 2009 – 20:15 | No Comment
AOL Tries to Extort Bogus Fees From Wall Street Journal Writer [Extortion]

AOL tried to squeeze a little over $100 in fees from a customer for upgrades he hadn’t asked for, hadn’t approved, hadn’t used and of which he hadn’t even been notified. Unluckily for AOL, that customer is a professional writer. Current Wall Street Journal writer Jason Zweig used to work for a Time-Warner-owned magazine, and when Time Warner merged with AOL, he and his colleagues all received free AOL email accounts. Zweig gave his to his wife, who used it up until last year. But recently, Zweig started receiving phone calls from AOL’s customer service reps in India, saying he owed $103.60 for an upgrade he knew nothing about. Turns out the terms of agreement he signed years ago may (or may not) have included a section allowing AOL to upgrade his service and charge him for it