The FinTech Hub
Source: The Verge The future of everything from smartphones, to military equipment, to electric vehicles hangs on 17 rare earth minerals and the magnets that they’re made into. And China, the world’s largest refiner and producer, is tightening its grip and threatening the US’ largest automakers. Over the last 30 years, China has methodically cornered…
Source: The Verge The Kids Online Safety Act (KOSA), a bill imposing sweeping obligations on tech platforms to protect children that use them, has been revived in the Senate after a failed sprint to become law late last year. The bill’s lead sponsors, Sens. Marsha Blackburn (R-TN) and Richard Blumenthal (D-CT), reintroduced the bill roughly…
Source: The Verge Nvidia’s efforts to suck up to the Trump administration have seemingly paid off, with the US now lifting export limits on US-made AI chips and cracking down on anyone using Huawei’s emerging alternatives. The announcements come as Nvidia CEO Jensen Huang joined President Trump in Saudi Arabia this week to solicit AI…
Source: The Verge Long-simmering tension between Silicon Valley and the press that covers it is surfacing during the Federal Trade Commission’s antitrust trial against Meta. During a heated cross-examination of the FTC’s key economic expert, Scott Hemphill, Meta’s lead attorney, Mark Hansen, noted that Hemphill joined Facebook co-founder Chris Hughes and former Biden official Tim…
Source: The Verge Last week, Paul McCartney, Dua Lipa, Ian McKellen, Elton John, and hundreds of others in the UK creative industry signed an open letter backing an effort to force AI firms to reveal the copyrighted works used to train their models. They support an amendment to the UK’s Data (Use and Access) Bill…
Source: The Verge Republicans want to stop states from regulating AI. On Sunday, a Republican-led House committee submitted a budget reconciliation bill that proposes blocking states from enforcing “any law or regulation” targeting an exceptionally broad range of automated computing systems for 10 years after the law is enacted — a move that would stall…
Source: The Verge What initially appeared to be a power play by Elon Musk and the Department of Government Efficiency (DOGE) to take over the US Copyright Office by having Donald Trump remove the officials in charge has now backfired in spectacular fashion, as Trump’s acting replacements are known to be unfriendly — and even…
Source: The Verge PayPal’s contactless wallet works with terminals that support Mastercard payments and is iPhone-only for now, so it won’t work on an Apple Watch, iPhone Ticker reports (via a machine translation). In December, a Norwegian payment app called Vipps became the first to take advantage of Apple’s changing ecosystem, nearly a year after…
Source: The Verge If the question, “Who is Meta’s biggest rival?” were on a Family Feud survey, TikTok would likely be the winning answer. In the Federal Trade Commission’s antitrust case against the Facebook and Instagram owner, the government’s response probably wouldn’t even make the top 10: a small blockchain-based platform called MeWe. MeWe looks…
Source: The Verge Now, when you’re shopping for tickets, Ticketmaster will display a ticket’s full price, alongside a dropdown menu that you can select to see how much you’re paying for the “Face Value” of a ticket and the service fee. You still won’t see local taxes or delivery fees until checkout. Ticketmaster says it…
