The FinTech Hub
Source: The Verge US District Court Judge Amit Mehta denied Apple’s emergency request to halt the Google Search monopoly trial that could dismantle their lucrative search that’s reportedly worth as much as $18 billion a year. The order came in late Sunday, with Judge Mehta saying Apple hasn’t demonstrated satisfactory reasons for its emergency motion…
Source: The Verge Treasure Secretary Scott Bessent has been named the Acting Director of the Consumer Financial Protection Bureau (CFPB), the bureau announced today. Bessent quickly instructed the agency to “to stop all rulemaking, communications, litigation, and other activities,” reports Bloomberg Law. A source inside the CFPB told Bloomberg Law that his order “appeared to…
Source: The Verge Mexican President Claudia Sheinbaum Pardo and US President Donald Trump announced the US is pausing tariffs against Mexico for one month, as previously reported by Bloomberg. Sheinbaum Pardo said the sides “had a good conversation” that resulted in agreements about border security and weapons trafficking. “Mexico will immediately reinforce the northern border…
Source: The Verge The Canadian province of Ontario is canceling a $100 million CA (about $68 million USD) contract with Starlink in response to tariffs US President Donald Trump issued on Canada over the weekend, reports The Associated Press. Ontario Premier Doug Ford wrote on X today that the region is also “banning American companies…
Source: The Verge Canada will set its own tariffs against US goods in retaliation to broad 25 percent tariffs President Donald Trump announced Saturday on Canadian imports. Prime Minister Justin Trudeau announced a 25 percent tariff on a total of $155 billion worth of American goods — $30 billion of that on Tuesday when Trump’s…
Source: The Verge President Donald Trump has announced that he’s imposing a tariff on goods from some of the US’s biggest trade partners: Canada, Mexico, and China. Under the executive orders signed on February 1st, Canada and Mexico will face a 25 percent tariff, while goods from China will be subject to a 10 percent…
Source: The Verge The National Transportation and Safety Board will only update the press about the plane crashes in Washington, DC and Philadelphia on X — not over email, as reported earlier by The Desk. The agency announced on Saturday that it will use its @NTSB_Newsroom account to share ”news conferences or other investigative information.“…
Source: The Verge The US is officially imposing tariffs on Canada, Mexico, and China. President Donald Trump announced that goods imported from Mexico and Canada will face a 25 percent tariff, while goods from China will face a 10 percent tariff. There will also be a lower 10 percent tariff on oil from Canada. In…
Source: The Verge Apple wants to ensure it has a voice in the remedies trial for the Justice Department’s search monopolization case against Google, and filed an emergency motion to stay the proceedings while it appeals the district court’s denial of its request to be more directly heard in the case. Mehta denied Apple’s request…
Source: The Verge Tensions were high inside Meta ahead of Mark Zuckerberg’s first all-hands meeting of the year. Employee-submitted questions for the CEO touched on a couple of big themes: concerns about his announcement that “low-performers” would be let go on February 10th, his MAGA-fueled changes to Meta’s content moderation policies and DEI programs, and…
