Paypal

Every day, TiPb gets flooded with announcements for new and updated iPhone, iPod touch, and iPad apps and games. So every day we pick just a few of the most interesting, the most notable, and simply the most awesome to share with you!

• Galaxy on Fire 2: Join Keith in an intergalactic trek of exploration, pirates, space battles, weird aliens and romance. Big update brings new DLC content available via in-app purchase and much more! [$9.99 - iTunes link]

It seems a security hole in Paypal's iPhone app has been discovered that would allow hackers to access user's Paypal username and passwords over Wi-Fi. The "man-in-the-middle attack" let's the hacker come between the user input information and Paypal's servers. Although this is dangerous, it does require the hacker to be on the same Wi-Fi connection as the user in order to steal their information.

Crazy rumor of the day, courtesy of Silicon Alley Insider, has Apple considering turning iTunes accounts into a Paypal competitor. Though they're careful to classify it as gossip and not confirmed news (heh), it's not beyond imagination that someone, somewhere, wanted to gauge a little public reaction to this idea.

Now, TiPb has given Microsoft a lot of negative feedback for losing focus and getting into areas they have no business getting into (pun intended). So, we have to do the same for Apple.