I’m not going to bother retyping this blog post on The Next Web since it’s crucially important that you just open up iTunes right now, change your password, and if you have a credit card on file … well it would be wise to take it off.
Summary: Some Asians hacked iTunes and are buying applications they themselves developed in order to A) promote them as popular applications and B) launder money through Apple.
Serious shit here folks, read this post.
About The Author
Stefan Constantinescu
Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you!
Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.