MCX confirms CurrentC supporters can't use Apple Pay or other mobile payment systems; Google launches Fit

Quick news from around the Web.

> Verizon's new news website, Sugarstring, won't report on net neutrality or U.S. surveillance. Article

> MCX explained that its new CurrentC branded mobile payments product does require that participating retailers offer only CurrentC and no other payment technologies, like Apple Pay, but the group said retailers are not assessed a fine if they decide to stop working with CurrentC. Post

> China's Xiaomi is defending its smartphone business model. Article

> Google launched its Fit app for Android. Article

> Dow Jones is working to get the details of Apple's agreement with GT Advanced. Article

> Google's YouTube introduced its new WatchMe app for Android that supports live broadcasting. Article

> Apple expanded its iAd platform to 70 new countries, raising the total number of countries supporting the platform to 90. Article

> A Silicon Valley veteran and a former Kaiser Permanente physician are launching Vida, a new app that targets long-term healthcare and chronic health issues. Article

Online Video News

> SVOD is a "natural extension" of online video offerings, Vimeo says, but will it outshine other OTT models? Editor's Corner

> The FCC said it will look at updating rules that regulate cable systems, a move that could allow over-the-top providers to more easily deliver broadcast television over the Internet, rather than over the air or through closed cable systems. Chairman Tom Wheeler circulated a Notice of Proposed Rulemaking on Tuesday that says MVPDs, like other forms of communication, should be "technology-neutral." Article

> Online video sharing services are becoming a "perfect medium" for cybercriminals to obtain sensitive data about companies without being detected by traditional security tools, a cloud security company says. Article

Telecom News

> Granite Telecommunications has reached an agreement to extend its commercial agreement with AT&T through 2017, a move that will give it confidence to continue supplying its POTS voice and other data services to its business customers. Article

> Offering an opportunity to quickly scale as traffic demands rise, fiber-based Ethernet has become the preferred method in the still developing small cell backhaul market, a new Infonetics report reveals. Article

Cable News

> YouTube CEO Susan Wojcicki said the online video giant could introduce a subscription-based service sometime soon, but said the Google-owned site is interested in giving users choices over how they view video content. Article

European Wireless News

> Telenor's net profit slipped in the third quarter even though the company generated what it described as "all-time high" revenues, increased EBITDA and cut capex compared to the same period of 2013. Article

> Ericsson has added software from Tibco to its roster of OSS/BSS services as the Sweden-based vendor pursues its strategy of partnering with other vendors to tackle the growing challenges faced by telecoms operators. Article

And finally… Taco Bell launches mobile ordering. Article