Filed under: Analysis / Opinion, Hardware, Retail, Odds and ends, iPhone, iPod touch
What do you do after you start Twitter? Invent a credit card reader.

While it doesn't sound like anything groundbreaking, Dorsey's new company Square is developing a tiny white cube (see photo above) that plugs into the headphone jack on either an iPhone or iPod touch. The cube is a credit card reader, something missing from all of those credit card apps currently in the iTunes App Store.
The Square iPhone Payment System consists of the reader and an app. After a card swipe, the customer uses a finger to sign the iPod touch or iPhone, one of the participants in the transaction enters the customer's email address, and a receipt with the location of the transaction, the signature, and other standard information is emailed to the customer.
While most online journalists are anticipating that this device and software are going to be used in retail (can you say Apple Store?), I think Dorsey has bigger ideas - let's face it, the guy doesn't think small. So why not make it possible for anyone with an iPhone or iPod touch to be able to accept credit cards for payments? Word has it that the card reader's manufacturing price will be as low as US$0.40, which means that Square could give away the readers and still make money on the transaction fees.
[via Engadget]
If the relationship between Apple and Mac CPU provider
With only a few hours more to wait until the packages start arriving and the stores start selling Snow Leopard, the reviews are beginning to pour in. To summarize: it's faster, it's (mostly) stable, yay new Finder, mostly yay new QuickTime (good thing you can still install the QuickTime 7 player), and in the words of our
Blogger Darren Murph over at our sister blog 
There's been some
On Friday, AppleInsider noted that Apple.pro, a hit-and-miss Chinese rumor blog,
Engadget is featuring an image allegedly showing
Wired's Brian X. Chen writes that
Our sister site Engadget notes that iDealsChina found this rendering of a silicone case for 


While the TUAW team was enjoying our holiday grilling (important safety tip: be sure to clean out the grease trap on your grill at the end of the season, so you don't have an incendiary problem... and also, it's true that baking soda really works well on grease fires) our sister scribes at 
![TUAW [Cafepress]](http://www.blogsmithmedia.com/www.tuaw.com/media/tuaw-cafepress-promo.png)

