The FinTech Hub
Source: The Verge In its antitrust case against Meta, the US Federal Trade Commission is asking a judge to consider an alternate reality. In that world, the company never bought Instagram and WhatsApp. The two apps remained competitive with Facebook, developing features that competed for users’ attention. And that competition created a thriving ecosystem of…
Source: The Verge At a “crypto summit” on Tuesday held by Eric Adams — the controversial mayor of New York City who recently escaped several federal corruption charges — crypto CEOs and investors made an open plea: please get rid of state crypto regulations so we can write our own and turn the Big Apple…
Source: The Verge President Donald Trump signed the Take It Down Act into law, enacting a bill that will criminalize the distribution of nonconsensual intimate images (NCII) — including AI deepfakes — and require social media platforms to promptly remove them when notified. The bill sailed through both chambers of Congress with several tech companies,…
Source: The Verge Verizon’s $20 billion deal to acquire the fiber internet provider Frontier is officially happening. On Friday, the Federal Communications Commission signed off on the merger, which will allow Verizon to “upgrade and expand” Frontier’s existing fiber networks. Verizon expects to bring fiber to 1 million homes each year following the acquisition. The…
Source: The Verge After The Washington Post earlier this month revealed that Secretary of State Marco Rubio had instructed the State Department to help Starlink expand in order to fend off Chinese technological influence, an extensive ProPublica article published Thursday dove deeper into what those campaigns looked like at the ground level. According to cables…
Source: The Verge The US Army is done relying on contractors to repair its equipment. Earlier this month, Army Secretary Daniel Driscoll committed to including right-to-repair provisions in all existing and future contracts with manufacturers, a change Sen. Elizabeth Warren (D-MA) told The Verge will “put an end to our dependence on giant defense contractors…
Source: The Verge Meta has filed a motion for judgment on the antitrust case it’s currently fighting in court. The motion argues that the Federal Trade Commission (FTC) has failed to produce any evidence that Meta unlawfully monopolized part of the social networking market, something the government argues it did through its acquisitions of Instagram…
Source: The Verge Watching the behavior of our tech overlords has answered questions I’d never thought to ask. How do you NDA an army of baby mamas? Is there anything more embarrassing than impersonating Benson Boone? (Also, who is Benson Boone?) And now, the latest: how long after a sovereign ruler of a repressive state…
Source: The Verge After five years, I was still happy with my phone, even though its battery had started the inevitable process of slowing to a stop. But Donald Trump’s tariff nonsense pushed me to make a decision: buy a new phone or fix the old one now, before the prices go up. The answer…
Source: The Verge President Donald Trump told Apple CEO Tim Cook that he doesn’t want the company to move iPhone production to India. “I had a little problem with Tim Cook yesterday,” Trump said during his visit to Qatar. “You’re coming in with $500 billion, but now I hear you’re building all over India… We’re…
