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Mobile Minutes: Millennial Media, PayPal, Apple, iBeacon privacy

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Millennial Media's new CEO focused on building company, not a sale
Selling a promising technology startup to Google for $400 million helped propel new Millennial Media CEO Michael Barrett’s career, but that’s not necessarily the path he sees for the Baltimore mobile advertising firm, per Baltimore Business Journal.
Click here to read more on Baltimore Business Journal

PayPal executive leaves for mobile payments startup Clinkle
Clinkle has hired away an executive from digital payments giant PayPal, the startup announced Tuesday, CNet reports.
Click here to read more on CNet

Apple CEO confirms company is looking into mobile payments
Apple CEO, Tim Cook, on Monday confirmed that the Cupertino giant, was looking into a mobile payments system of its own. It was earlier reported that Jennifer Bailey, online store executive, had been tasked with setting it all up, according to NDTV.
Click here to read more on NDTV

This app follows you while you shop—and it needs a clearer privacy policy
Last year, Apple quietly introduced iBeacon into location services on iOS 7. It's a technology that can track your position and movements in places like stores and restaurants. It functions kind of like GPS but uses more energy-efficient Bluetooth communication. When you install a third-party app that uses iBeacon, a destination (like a store or a stadium) can know when you enter, where you go, what you look at, and when you leave, per Slate.
Click here to read more on Slate

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