The FinTech Hub
Source: The Verge Google is breaking European antitrust laws by favoring its own Shopping, Hotels, and Flights search services over rival comparison providers, according to the European Commission. The EU announced in its preliminary ruling today that Google’s parent company, Alphabet, had also violated anti-steering rules under the Digital Markets Act (DMA) by preventing app…
Source: The Verge President Donald Trump and Elon Musk’s slash-and-burn approach to the US government has thrown federal agencies into disarray, as thousands of civil servants have been dismissed from their jobs without rhyme or reason. But in the chaos of the cuts carried out by Musk’s pseudo-agency, the Department of Government Efficiency, some federal…
Source: The Verge According to the Times report, Netflix secured the show by offering millions more than Amazon and promising Rinsch, whose only feature film is 47 Ronin, final cut. The fraud he’s being charged with came into play once he told Netflix he’d need an additional $11 million to finish the show, which was…
Source: The Verge President Donald Trump fired the two remaining Democratic commissioners at the Federal Trade Commission Tuesday in what appears to be a conspicuous exercise of power over the independent agency. The White House confirmed the dismissals in an unsigned email response to The Verge. Democratic Commissioner Alvaro Bedoya shared his dismissal in a…
Source: The Verge A month of anti-Tesla dissent escalated this week with two reports of Teslas catching fire in Las Vegas and Kansas City. During a press conference, Deputy Fire Chief Jennifer Wyatt said the fire department was able to extinguish two Tesla vehicles before the batteries ignited. FBI Special Agent Spencer Evans also spoke…
Source: The Verge Oracle is closing in on a deal that would have it “vouch” for TikTok’s security in exchange for a small stake in the company’s US operations, according to Bloomberg. The plan, which was reportedly discussed among the Trump administration last week, would include “guarantees that an updated US version of TikTok would…
Source: The Verge On Tuesday, Vice President JD Vance publicly acknowledged a simmering “tension” between two warring factions inside the Republican party – the populist MAGA right and the tech billionaires who threw their support to Donald Trump – and called for a truce. In remarks at Andreesen-Horowitz’s American Dynamism policy conference in Washington, DC,…
Source: The Verge WASHINGTON, DC – DECEMBER 05: Federal Communication Commission Commissioner Geoffrey Starks testifies before the House Energy and Commerce Committee’s Communications and Technology Subcommittee in the Rayburn House Office Building on Capitol Hill December 05, 2019 in Washington, DC. All five of the FCC commissioners testified before the subcommittee, which is tasked with…
Source: The Verge Universal Music Group has finally responded to Drake’s claims that the label damaged his reputation with Kendrick Lamar’s diss track “Not Like Us,” and there are some spicy tidbits in there. UMG, which represents both artists, broadly argues that the court should dismiss Drake’s lawsuit because he’s just the sore loser of…
Source: The Verge The White House is working to “improve Wi-Fi connectivity,” White House press secretary Karoline Leavitt said in a statement emailed to The Verge. According to The New York Times, it’s using Starlink to address the issue, which White House officials blame on the property’s spotty cell service and “overtaxed” Wi-Fi infrastructure. Huh….
