The FinTech Hub
Source: The Verge The European Union’s Digital Markets Act (DMA) has come into force, and it’s meant that some of the world’s biggest tech companies are having to make major changes to how they operate. The law, which is designed to increase competition in the EU’s digital markets, designates some large online companies and their…
Source: The Verge Let’s pause and look at what the Elon Musk administration has done so far. There’s been a lot of panic about the immediate but somewhat abstract constitutional crisis as Elon Musk’s misleadingly-named Department of Government Efficiency (DOGE) rips the government apart. And as much fun as we all are having watching Congress…
Source: The Verge Neither his post nor the one from Coinbase mentioned the funding contributed to political campaigns in the last election cycle, where CNBC noted Coinbase was one of the top corporate donors. It gave over $75 million to Fairshake and other pro-crypto PACs and made a reported seven-figure donation to Trump’s inaugural committee,…
Source: The Verge The General Services Administration (GSA), which manages buildings owned by the federal government, is planning to shut down all of its electric vehicle chargers nationwide, describing them as “not mission critical.” The agency, which manages contracts for the government’s vehicle fleets, is also looking to offload newly purchased EVs. The GSA currently…
Source: The Verge Elon Musk spoke at the Conservative Political Action Conference (CPAC) on Thursday, giving a strange and often inarticulate on-stage interview to Newsmax presenter Rob Schmitt. Schmitt was all smiles and enthusiasm, and managed to steer Musk through the half hour, never pausing to look back on the obvious logical inconsistencies, various falsehoods,…
Source: The Verge Dear Colleagues, Last Friday, President Trump issued a Presidential Proclamation recognizing February 2025 as National Black History Month, and “call[ed] upon public officials … and all the people of the United States to observe this month with appropriate programs, ceremonies, and activities.” In his Proclamation, President Trump correctly noted that “black Americans…
Source: The Verge Meta’s WhatsApp has now gathered enough users to be designated a Very Large Online Platform (VLOP) under the European Union’s Digital Services Act (DSA), opening it up to stricter regulations in the region, reports Bloomberg. The DSA assigns VLOP status to any online service with more than 45 million users, a threshold…
Source: The Verge Acer CEO and chairman Jason Chen says your laptop will cost an extra 10 percent in the United States next month — and that his rivals might attempt price gouging if they think you’ll pay even more. It sounds like the price hike may not affect desktops, as Chen told The Telegraph…
Source: The Verge Elon Musk is — according to a new legal filing from the US government — not running the Department of Government Efficiency (DOGE), despite his leadership appointment by President Donald Trump. In fact, claims the new White House declaration, he isn’t technically even a DOGE employee despite representing himself as the key…
Source: The Verge The Department of Government Efficiency has requested access to the Internal Revenue Service’s taxpayer data system — potentially giving it access to highly sensitive information, including Social Security Numbers and tax returns — according to a report from CNN. DOGE has also launched an IRS-specific account on X and is soliciting “insights…
