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 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 As the new Congress has already started working on legislation to protect kids from social media harms, Roblox is doubling down on its efforts to convince lawmakers it shouldn’t be lumped in with products like Instagram and YouTube. Even though the Kids Online Safety Act (KOSA) failed to become law last year,…
Source: The Verge Federal Communications Chair Brendan Carr has asked his agency to investigate Comcast’s Diversity, Equity, and Inclusion (DEI) practices, reports Newsmax. “We have received an inquiry from the Federal Communications Commission and will be cooperating with the FCC to answer their questions,” Comcast spokesperson Joelle Terry confirms to The Verge. According to Newsmax,…
Source: The Verge A federal judge temporarily blocked Elon Musk’s DOGE from accessing Treasury Department records containing personal information like Social Security numbers early this morning, reports Inner City Press. The order is in response to a lawsuit filed yesterday in New York’s Southern District Court. The suit alleges that the administration exceeded its authority,…
Source: The Verge Lawmakers’ efforts to limit the use of social media by kids are continuing into 2025 with the Kids Off Social Media Act (KOSMA). The bill, which would prevent kids under 13 from creating social media accounts, advanced through the Senate Commerce Committee on Wednesday, as reported earlier by Politico. Senators Brian Schatz…
Source: The Verge Elon Musk’s Department of Government Efficiency (DOGE) has reportedly infiltrated the headquarters of the National Oceanic and Atmospheric Administration (NOAA), the agency that collects and shares vital weather and climate information. Sources have told The Verge, as well as other news outlets, that they’re worried about drastic changes that could impact the…
Source: The Verge As the third week of Donald Trump’s presidency begins, workers across federal agencies are scrambling to find their footing among the chaos. From the US Agency for International Development and the Department of Agriculture, to the Environmental Protection Agency and the Department of Labor, federal workers are facing an onslaught of changes…
Source: The Verge Elon Musk has an uncanny ability to sort out which of America’s rules are real. It turns out punishment from the National Labor Relations Board isn’t real, punishment from NASA isn’t real, and punishment from the FAA isn’t real. The Delaware Chancery Court is extremely real. Based on the past two weeks,…
