 It's Wednesday, August 8th, 2012. I'm Nathan Ingram, and if we're being technical, this is 90,000 milliseconds on the verge. Starbucks and Square have partnered to become the largest mobile payment network in the U.S. Under the new agreement, customers will now be able to make debit and credit card payments directly using the Starbucks app without having to re-up their virtual gift cards. The system will be rolling out to all 7,000-plus Starbucks locations in the U.S. by the holiday season. That should expedite the time between walking into your local Starbucks and walking out with that tall, non-fat caramel macchiato with extra whipped cream. Starting next month, Valve will begin selling non-gaming software over Steam. The company's ubiquitous gaming platform will soon be home to applications ranging from creativity to productivity. Developers will be able to take advantage of Steam's cloud services for cross-platform access across multiple computers. The first software titles will be released on September 5th, and although there is no indication, may God help us all if the accounting apps come with achievements. The Hobbit's controversial high frame rate version will only see a very limited theatrical release. Director Peter Jackson has been a huge advocate of the 48 frames per second version, but initial test footage presented in April was met with mixed reactions. According to Variety, the limited release may not even make it to all major U.S. cities. The Hobbit will be converted down to the traditional 24 frames per second format for the majority of theaters. Part one of the Hobbit trilogy, entitled An Unexpected Journey, will be released on December 14th. And that's it for today's top stories. Tomorrow, find out why some people are actually removing their biohacks to stay competitive in the job market.