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Howdy, I'm MG Siegler. I’m a general partner at CrunchFund and a columnist for TechCrunch. This is where I collect things.
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Long story short: Google wanted to put Google Wallet on the Galaxy Nexus — the “clean install” Android that everyone loves so much — and Verizon said “no”.
Guess who wins here? Well, the software will not be available to Verizon Galaxy Nexus users.
Verizon issues a release saying they’re not blocking it — which is likely the biggest load of bullshit ever. No, they’re not blocking it specifically, they just won’t let Google release the Galaxy Nexus if it’s anywhere to be found on the device. Nor can users download it after the fact. Why? Some hardware claim that seems to be a flat-out lie.
Long story shorter: you get in bed with the devil, the devil fucks you.
Long story shortest: “open”.
While NFC has been the talk of the town in terms of mobile payments, Square has quietly worked around it one way, and Apple just did it another way.
The most interesting thing about this test though is the real big picture. It’s a reminder that Apple has hundreds of millions our credit cards in their iTunes system which is now connected to every iPhone. When you add these two things together in the real world, guess what it equals?
Apple making a shit ton of money.
Elizabeth Woyke:
Talach is skeptical about iTunes and NFC. “How do consumers benefit from using iTunes as a payment mechanism?” he asks.
Um, I can think of a number of benefits. Number one, using your iPhone to pay for things.
Notes