Apple reportedly creating service for mobile payments

A new report from the Wall Street Journal claims that Apple is hoping to penetrate the mobile payment arena to help customers who use their credit cards to pay for items on iTunes. Jennifer Bailey, an Apple executive that works on the company’s online stores, is supposedly developing the service at the moment. Meanwhile, iTunes and App Store head Eddy Cue and a “key lieutenant” of CEO Tim Cook are meeting with industry executives to discuss this possible new venture. How this will affect the existing mobile payment industry or compete against the other services is yet to be seen.

Google and Samsung enter 10-year patent licensing agreement

Google and Samsung have entered an agreement to license their patents over the next decade. The move is seen to help speed up product development and research and lessen any future patent lawsuits. Looks like Samsung wants to stay in Google’s good graces even as the company develops its own operating system and Google acknowledges the importance of Samsung devices for the Android market.

Source: Samsung Tomorrow

GetGlue to be rebranded as tvtag

Following the acquisition of i.TV in November 2013, social network for TV shows and movies GetGlue will be renamed as tvtag and have a change of its corporate colors from blue to red. A new update is said to follow the rebranding in the coming week. GetGlue currently has around 4.5 million users.

Source: The Next Web

Tumblr updates terms of service to prohibit impersonation, promote attribution, etc.

Tumblr has updated its terms of service for the first time in two years and released a draft of it on Github before they post it on the site. At the heart of the update, Tumblr wanted to provide guidelines or rules for how users should use the blogging site. The Yahoo!-owned company is reminding users to attribute sources properly when reposting and stop impersonating companies, people, etc. Those who repeatedly violate the new rules can have their accounts suspended or blocked completely.

Source: The Next Web