Chime has been forced to ditch the use of the word “bank” in describing its services as it is not properly licensed, a court filing for a settlement agreement with the California Department of Financial Protection and Innovation stated. Get the Full Story Complete the...
A California appeals court ruled that Amazon is a retailer responsible for the products it sells, rejecting the eCommerce giant’s claim that it’s a middleman connecting buyers and sellers, the Los Angeles Times reported. Get the Full Story Complete the form to unlock this article...
Two retail trade groups at the state level have sued the Federal Reserve to seek a decrease in debit card swipe fees, Bloomberg reported Thursday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
About three weeks after it was reported that delivery service DoorDash was suing its business partner, software provider Olo, for allegedly overcharging it, the two companies have resolved their dispute. In a joint news release, the two companies announced Thursday (April 22) that they have...
For now – and maybe for a long while – it will be tougher to get ill-gotten gains back from the bad actors … at least without an additional act of Congress. As reported on Thursday (April 22), the U.S. Supreme Court handed down a...
Epic Games and Apple outlined their arguments in a dispute over Apple’s control of the App Store before an antitrust trial set to begin next month through their own separate legal filings, CNBC reported. Get the Full Story Complete the form to unlock this article...
Delivery service DoorDash is suing business partner Olo, accusing the software provider of overcharging it by millions of dollars for several years. Olo had acknowledged in a legal filing ahead of its initial public offering of stock that DoorDash was seeking “damages in excess of...
Fortnite creator Epic Games filed an official complaint with the U.K. Competition and Markets Authority (CMA) as a way to voice solidarity in the antitrust regulator’s investigation into Apple, Reuters reported on Tuesday (March 30). Get the Full Story Complete the form to unlock this article...
Mobile savings app Beam has shut down after reaching a tentative settlement with the Federal Trade Commission (FTC) over a case last year in which dozens of customers had trouble extracting their money, CNBC reported. Get the Full Story Complete the form to unlock this...