The FinTech Hub
Source: The Verge The European Commission has just issued its first Digital Markets Act (DMA) fines to Apple and Meta, and now it’s telling Apple that it’s not impressed with the company’s approach to alternative app stores. The DMA originally forced Apple to begrudgingly allow alternative app stores on iOS in EU countries last year,…
Source: The Verge Two decades ago, YouTube wasn’t about the elaborate long-form content pumped out by creators like MrBeast. There wasn’t any fancy lighting, sound effects, or jump cuts. The platform’s first video, “Me at the Zoo,” was uploaded to YouTube on April 23rd, 2005. It’s a mere 19 seconds long, featuring YouTube co-founder Jawed…
Source: The Verge Apple and Meta are the first companies to be fined for violations under the European Union’s Digital Markets Act (DMA). The European Commission announced today that Apple has been served a €500 million (about $570 million) penalty after ruling that its App Store “anti-steering” practices failed to comply with DMA antitrust rules….
Source: The Verge Samsung is once again deploying its One UI 7 update to last year’s flagship Galaxy phones, with users worldwide reporting availability. The Android 15 update had begun rolling out earlier this month, only to pause for a week while Samsung rushed to patch a critical bug. Android Authority reports that Galaxy S24…
Source: The Verge Logitech is releasing a major software update for the MX Creative Console it launched last fall, expanding the control panel’s compatibility to several new apps. Now available for download in the Logi Marketplace, the update adds “powerful new integrations and expanded functionality for Final Cut Pro,” while new plugins bring support for…
Source: The Verge When Instagram was acquired for $1 billion in 2012, co-founder Kevin Systrom believed that joining Facebook would help Instagram’s “skyrocketing growth” reach even greater heights. In some ways, it did. Instagram now has billions of users and has since “generated many multiples of that price and then some,” Systrom said on Tuesday…
Source: The Verge Tesla has shared new images of its first retro drive-in restaurant location in Los Angeles. The company’s CEO Elon Musk dreamt up the idea of a 1950s-themed “Tesla Diner” and Supercharger hub, complete with employees on rollerskates, as far back as 2018. More recently, Musk described it as a “Grease meets Jetsons…
Source: The Verge Google’s plan to phase out third-party cookies in Chrome is officially over. In an update on Tuesday, Google Privacy Sandbox VP Anthony Chavez says the company has decided “to maintain our current approach to offering users third-party cookie choice in Chrome.” For years, critics have argued that Google’s Privacy Sandbox could harm…
Source: The Verge Elon Musk says he plans to step back from his work at the Department of Government Efficiency, or DOGE, starting in May. In a Tesla earnings call, Musk said next month he would continue to “spend a day or two” each week on DOGE matters, but would spend the bulk of his…
Source: The Verge Solar cells from four Southeast Asian countries that have been major suppliers to the US are facing newly increased tariffs, hiked up as high as 3,521 percent. The tariffs affect Cambodia, Malaysia, Thailand, and Vietnam, which together accounted for more than three quarters of total module imports last year, according to Bloomberg….
