The FinTech Hub
Source: The Verge Something is rotten in the Department of Justice. Three federal prosecutors told their supervisors they’d rather resign than admit to wrongdoing over their refusal to drop the corruption case against New York City Mayor Eric Adams. “We will not confess wrongdoing where there was none,” Celia V. Cohen, Andrew Rohrbach and Derek…
Source: The Verge The ridehailing company would enroll people in its subscription service and then charge them without consent, making it more difficult to eventually cancel the service, the agency alleges in its lawsuit. The FTC is asking the court to file a permanent injunction blocking Uber from continuing to enroll people in its subscription…
Source: The Verge The Committee has also received reports about troubling, fumbling efforts by DOGE to combine sensitive information held by SSA, the IRS, HHS, and other agencies into a single cross-agency master database. Improving how federal agencies share data to improve outcomes and customer service is a longstanding and bipartisan goal in Congress. Information…
Source: The Verge During Meta’s antitrust trial today, lawyers representing Apple, Google, and Snap each expressed irritation with Meta over the slides it presented on Monday that The Verge found to contain easy-to-remove redactions. Attorneys for both Apple and Snap called the errors “egregious,” with Apple’s representative indicating that it may not be able to…
Source: The Verge “We’re flattered that you agree ‘Dev Mode’ is the ideal name for a software tool that helps bridge the gap between design and development,” Figma said in the letter shared by Lovable co-founder Anton Osika on LinkedIn. Figma told the startup that Dev Mode has been “extensively” used in connection with its…
Source: The Verge A new report from ProPublica published Thursday showed how the Louisiana government is using TIGER (Targeted Interventions to Greater Enhance Re-entry), a computer program developed by Louisiana State University to prevent recidivism, to approve or deny parole applications based on a score calculating their risk of returning to prison. Though the algorithm…
Source: The Verge A man’s recent attempt to use an AI-generated avatar in his legal appeal made an immediate impression on a New York courtroom, but probably not the one he was hoping for. Jerome Dewald — a 74-year-old that The Register notes is behind a startup that says it’s “revolutionizing legal self-representation with AI”…
Source: The Verge OpenAI filed a countersuit against Elon Musk on Wednesday, saying on X that “Elon’s nonstop actions against us are just bad-faith tactics to slow down OpenAI and seize control of the leading AI innovations for his personal benefit.” In the lawsuit, OpenAI’s lawyers argue that “Musk’s continued attacks on OpenAI, culminating most…
Source: The Verge The law targets so-called “dripped pricing,” in which additional fees — like platform service charges — are dripped in during a customer’s checkout process to dupe them into paying a higher price than expected. The ban “aims to bring to an end the shock that online shoppers get when they reach the…
Source: The Verge The two Democratic Federal Trade Commission members illegally fired by Donald Trump have filed a lawsuit against the president and newly appointed Republican FTC chair Andrew Ferguson, as well as fellow commissioner Melissa Holyoak and executive director David Robbins. Commissioners Kelly Slaughter and Alvaro Bedoya write that, “Last week, President Donald Trump…
