The FinTech Hub
Source: The Verge Language has been updated in sections 3.1.1, 3.2.1(a), 3.1.3, and 3.1.3(a) of the App Store Guidelines, which all focus on acceptable purchase methods. Rules that ban apps from including “buttons, external links, or other calls to action that direct customers to purchasing mechanisms other than in-app purchase” now include an exemption for…
Source: The Verge The de minimis exception, which has allowed businesses to import low-value goods without duties from China and Hong Kong, has expired as of 12:01AM ET today as part of President Trump’s executive order signed last month. Many businesses in the US rely on the de minimis loophole. Any package valued under $800…
Source: The Verge The Pentagon Inspector General is expanding an inquiry into Defense Secretary Pete Hegseth’s questionable Signal group chats. According to the Wall Street Journal, the investigation is now also looking into a second chat, as well as exactly how classified information was transferred from a secure government computer onto Hegseth’s account on his…
Source: The Verge The US House of Representatives voted to revoke California’s ability to enact its own, tougher pollution regulations for cars and heavy-duty trucks. It’s an attempt to kill one of the nation’s most ambitious climate plans and strip California of its ability to set stricter tailpipe pollution standards than the nation as a…
Source: The Verge General Motors CEO Mary Barra kicked off her Q1 letter to shareholders by thanking “President Trump for his support of the U.S. automotive industry.” Several paragraphs later, things take a turn, with Barra projecting an impact of $4 billion to $5 billion as a result of Trump’s ever-changing tariffs. Barra’s letter was evidence of…
Source: The Verge Meta has joined forces with Spotify, Garmin, Match, and others to form a lobby group to represent their interests, especially as they come into conflict with those of Apple and Google. The group’s first order of business is arguing that age verification should be the responsibility of app stores, and not the…
Source: The Verge In 2021, a federal judge ruled that Apple had to loosen its grip, ever so slightly, on the App Store. On Wednesday, nearly four years later, that same judge found that Apple deliberately failed to do so and tried to hide its noncompliance in the process. In a furious opinion, Judge Yvonne…
Source: The Verge In her ruling banning Apple from charging a commission on purchases made outside the App Store, Judge Yvonne Gonzalez Rogers says that an Apple executive “outright lied under oath.” According to Gonzalez Rogers, Alex Roman, vice president of finance at Apple, gave testimony that was “replete with misdirection and outright lies.” The…
Source: The Verge In a major ruling on Wednesday, a judge ruled that, effective immediately, Apple is no longer allowed to collect fees on purchases made outside apps and blocks the company from restricting how developers can point users to where they can make purchases outside of apps. The ruling was issued as part of…
Source: The Verge TikTok is back in a Washington, DC courthouse discussing the US law that — at least on paper — effectively banned the app. But this time, it’s serving as a witness for the government, not fighting against it. On Wednesday, TikTok’s head of operations and trust and safety Adam Presser testified in…
