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January 25, 2014, 4:00 PM

Top News

Wall Street Journal:

Apple Moves Toward Expanded Mobile-Payment Service — Apple Inc. laying the groundwork for an expanded mobile-payments service, leveraging its growing base of iPhone and iPad users and the hundreds of millions of credit cards on file through its iTunes stores.

Brian Krebs / Krebs on Security:

Michaels investigating possible “data security attack” after fraudulent credit card purchases lead back to its stores — Sources: Card Breach at Michaels Stores — Multiple sources in the banking industry say they are tracking a pattern of fraud on cards that were all recently used …

More: The Verge, Reuters, USA Today, SlashGear, Wired, WebProNews, Help Net Security and New York Times

Tweets: @briankrebs and @briankrebs

ABC News:

Exclusive: Apple's Tim Cook on NSA, What's Next as Mac Turns 30 — While secrecy is part of the excitement at Apple headquarters in Silicon Valley — today marked 30 years since Steve Jobs told America via TV that something big was coming — CEO Tim Cook said secrecy in the form …

Sam Biddle / Valleywag:

KPCB founder Tom Perkins compares “rising tide of hatred of the successful one percent” to Nazi war on Jews — Silicon Valley Legend Compares Techie Backlash to Nazi Rampage — Silicon Valley has never been known for its appreciation of subtleties.

More: Wall Street Journal, TechCrunch, Re/code, VentureBeat, Business Insider, The Verge, FishbowlNY and Wonkette

Tweets: @adamweinstein, @stevesilberman, @mikeisaac, @hunterwalk, @davewiner, @kennethn, @alexia, @kimmaicutler, @dangillmor, @anildash, @sfcitizen, @fmanjoo, @hunterwalk, @stevesilberman and @fmanjoo

Kim-Mai Cutler / TechCrunch:

Bay area tech companies should give back and promote good public policy in their community — It Doesn't Have To Be This Way — There is a story being told about us here in the tech industry in San Francisco — that we are entitled, or that we are oblivious. I don't believe that's true.

More: Anil Dash, ReadWrite and Vanity Fair

Tweets: @jasonkincaid, @kevinmarks, @stephenfleming, @stephenfleming, @martinsfp, @anildash and @sg

Graham Smith / Rock, Paper, Shotgun:

King removes flash game from web in response to cloning allegations, denies infringing IP — Flash Developer Alleges King “Cloned” Their Game — Update 2: And there's now a statement from King.com on the subject, also at the end of the post. — Update: There's now a response from Matthew Cox …

Benedict Evans:

As tech, media, and telecom collide, ignorance of any one sector leads to failures like Joost and WiMax — Ignorance — “However vast any person's basic reading may be, there still remain an enormous number of fundamental works that he has not read.” - Italo Calvino

Tweets: @h4ryb, @rubenharris, @mccarthyryanj, @jchengwsj, @minethatdata, @stevesi and @soundboy

Mary Jo Foley / ZDNet:

Microsoft's Windows 8.1 Update 1: Rumored release target is March 11 — Summary: Windows 8.1 Update 1 may be headed for a March 2014 release and could include some under-the-hood changes to reduce memory and disk space requirements for cheaper tablets. — There's nothing like ending the week with a few fresh Windows rumors.

Rolfe Winkler / Wall Street Journal:

Chromebooks accounted for 19% of U.S. K-12 mobile computer purchases in 2013 — Chromebooks Take Other Mobile PCs to School — The Inexpensive Laptops Grab Fifth of U.S. Educational Purchases — Chromebooks have come from nowhere to grab nearly a fifth of U.S. school purchases of mobile computers …

More: BGR, Digits and OStatic blogs

Danny Sullivan / Marketing Land:

When Gmail Went Down, Yahoo Poked Fun On Twitter, Then Apologized — Gmail was down briefly today, and Yahoo — which suffered its own and much longer-lasting email woes recently — still decided it was a good opportunity to have some fun, tweeting about the failure then later apologizing.

More: Valleywag, The Switch, Government Technology News, USA Today, eWeek, GeekWire, Mashable, I4U News, Forbes, tech.co and TechCrunch

Dan Primack / Fortune:

Union Square Ventures finalizing a $350M fundraise for its next early-stage and “opportunities” funds — Union Square Ventures raises new funds — Early Twitter backer closes in on $300 million for new investments. — FORTUNE — Union Square Ventures …

Emil Protalinski / The Next Web:

Facebook's referral traffic share grew over 48% in Q4 2013, Pinterest was up 30%, but Twitter dipped 4% — Social discovery and sharing platform Shareaholic today released a report covering referral traffic data from the eight largest social media sites in Q4 2013.

More: Shareaholic, Marketing Land, Inside Facebook and SocialTimes. Thanks:@dannywong1190

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