posted May 25th 2011 9:36PM 
Yesterday, anonymous sources said that El Goog and Sprint would debut a new NFC payment system on May 26th -- otherwise known as tomorrow. Today, a leak allegedly from The Container Store appears to have spilled the beans on the moniker for Mountain View's mobile money method: Google Wallet. Not the most creative cognomen, but at least it sums up the service succinctly. Still, it's no Ice Cream Sandwich, but we'll find out how it tastes live at tomorrow's event. Update: Eagle-eyed reader Steve pointed out that looking up the WHOIS info for googlewallet.com does indeed lead you to Mountain View, though this was created way back in 2005. You may recall that Google Checkout was initially known as Google Wallet, as reminded by InformationWeek, but we just noticed that the URL is now plain dead instead of taking us to a Google error page, as it did minutes ago. Very intriguing.
GPS can help you get to your favorite bookstore, but once you're there, it probably won't find that Thomas Pynchon book you're looking for. That's where KDDI's Swing navigation system comes in. Taking its cue from Nokia's Kamppi and NAVTEQ's Destination Maps services, the prototype is designed to help smartphone users find their way around malls, restaurants or any other indoor space, using only a red arrow as their compass. Just choose the section of the store you're looking for, wave your phone in a circle and KDDI's app will use a system of pre-installed sensors to find your location, before pointing you in the right direction. Seems intuitive enough, but Swing's success will ultimately depend upon how many people and retail outlets decide to adopt it. Swing past the break for a demo video.
