May 15, 2024
AI Regulation: Senators Unveil AI Plan, OpenAI CEO Wants International...
A growing chorus of lawmakers and technology leaders are calling for new regulations to govern the rapid rise of artificial intelligence (AI) as the transformative but largely unchecked technology permeates...
May 15, 2024
Arizona Attorney General Files Suit Against Amazon Over Unfair Business...
Arizona Attorney General Kris Mayes has taken legal action against retail giant Amazon, alleging unfair and deceptive business practices that violate state consumer protection and antitrust laws. The lawsuit, announced...
May 15, 2024
NYCB Sells $5 Billion in Loans to JPMorgan
New York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase. The sale of these “mortgage warehouse loans” is designed to strengthen the regional bank’s capital and liquidity,...
May 15, 2024
Varsity Spirit and Private Equity Owners Settle Class Action Antitrust...
In a significant development for the cheerleading events industry, Varsity Spirit, along with its current and former private equity owners, has reached a settlement agreement of $82.5 million to resolve...
May 15, 2024
Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in...
Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized...
May 15, 2024
This Week in Web3: Crypto Payment Rails and Regulatory Clarity
As Nathaniel Hawthorne wrote in the1800s, “families are always rising and falling in America.” And the same holds true for the cryptocurrency and Web3 space in 2024. That’s because, whether...
May 15, 2024
Customer Satisfaction Concerns Drive eCommerce Merchants’ Security Upgrades
Ninety-five percent of eCommerce merchants have either already started enhancing their anti-fraud resources or plan to do so before the year is out. That is one key takeaway from “Fraud...
May 15, 2024
Anthropic Adds Instagram Co-Founder Mike Krieger as Chief Product Officer
Instagram co-founder Mike Krieger has joined artificial intelligence (AI) startup Anthropic as its chief product officer. In his new role, Krieger will oversee the company’s product engineering, product management and product design efforts, Anthropic said...
May 15, 2024
Apple Previews Eye Tracking and Other Accessibility Tools
Imagine being able to control your iPhone not with your hand, but with your eyes. Apple says that scenario could soon be a reality, part of a series of tools for users with...