The FinTech Hub
Source: The Verge President Donald Trump announced Sunday night he has named conservative podcaster Dan Bongino as the FBI’s new deputy director. Bongino has worked as a New York police officer and US Secret Service agent, but has no FBI experience. Bongino is well-known in conservative media, thanks to credits like having hosted a Fox…
Source: The Verge Apple has announced plans to invest more than $500 billion in the US over the next four years, including hiring 20,000 new employees and launching a new server factory in Texas. The announcement was teased after a meeting last week between CEO Tim Cook and President Donald Trump, and comes as the…
Source: The Verge Elon Musk tweeted Saturday that federal workers would soon get an email “requesting to understand what they got done last week.” According to the New York Times, the email from the Office of Personnel Management went to agencies across the federal government that afternoon, including the FBI, State Department, and others, with…
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…
