The FinTech Hub
Source: The Verge The Trump administration may soon demand the social media accounts of people applying for green cards, US citizenship, and asylum or refugee status. US Citizenship and Immigration Services (USCIS) — the federal agency that oversees legal migration, proposed the new policy in the Federal Register this week — calling this information “necessary…
Source: The Verge The Senate voted on Wednesday to strip a key financial regulator of its ability to monitor digital platforms like X, as the social media company’s owner, Elon Musk, has become the public face of the government office seeking to shrink the agency’s workforce. With the CFPB’s digital authority now in danger, two…
Source: The Verge President Donald Trump’s tariffs on goods imported from Mexico, Canada, and China are in effect, but Big Tech companies have remained mostly silent despite the potential impact tariffs could have on their businesses. I’ve written about this twice already: once shortly after Trump announced them in February, and again a week later…
Source: The Verge Car prices are already at record highs, and President Donald Trump’s tariffs — if they stay in place — could send them into the stratosphere. The situation remains extremely fluid, with Trump administration officials today announcing a one-month reprieve for the auto industry, according to Politico. But if tariffs stay in place,…
Source: The Verge Nintendo has won its legal battle against Dstorage, the French company it accused of hosting pirated games on its file-sharing site 1fichier.com. In a press release sent to outlets like Eurogamer and GBATemp, Nintendo says a French Court agreed that 1fichier.com is “liable for failing to remove or block access to unauthorised…
Source: The Verge Target and Best Buy say Trump’s tariffs on Mexico, Canada, and China could raise prices in their stores as soon as this week. During an interview with CNBC, Target CEO Brian Cornell said consumers will “likely see prices increase over the next couple of days,” while Best Buy CEO Corie Barry similarly…
Source: The Verge The Consumer Financial Protection Bureau (CFPB) today dismissed a lawsuit against Early Warning Services, the company that runs the Venmo-like Zelle payment platform, as well as the three banks that share ownership of it, reports CNBC. The CFPB, which enforces regulations against the financial services industry, had claimed in its December 2024…
Source: The Verge The crypto market never closes, so it was fitting President Donald Trump made the announcement on a Sunday: he was going to reward the billionaires who funded his presidential run. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration,” Trump wrote in a…
Source: The Verge YouTube is tightening its policies on gambling content. The platform has announced that it will soon prohibit creators from verbally referring to gambling services not approved by Google, as well as displaying their logos and linking to them in videos. The new rules, which go into effect on March 19th, may also…
Source: The Verge Apple is pushing back against the UK’s secret order to give the government access to encrypted iCloud files. The company has filed an appeal with the Investigatory Powers Tribunal, which deals with complaints about the “unlawful intrusion” of UK intelligence services and authorities, according to a report from the Financial Times. As…
