Last summer, OpenAI approached Google about a partnership to power ChatGPT, but it got turned down. That information came to light Tuesday (April 22) during testimony by Nick Turley, OpenAI’s head of product for ChatGPT, during the remedy phase of the Department of Justice (DOJ)...
A federal judge blocked the Department of Government Efficiency (DOGE) from accessing sensitive personal information at the Social Security Administration. U.S. District Judge Ellen Lipton Hollander granted a preliminary injunction Thursday (April 17) that vacated and superseded a temporary restraining order she issued March 20,...
The Federal Trade Commission filed a lawsuit Monday (April 21) against Uber, alleging the company violated laws with deceptive billing and cancellation practices. The FTC’s complaint targeted the Uber One subscription service and alleged the company charged consumers for the service without their consent, failed...
Google will argue against a breakup of the company in a three-week trial starting Monday (April 21), while the Department of Justice and several state attorneys general will advocate for the remedies they have proposed for Google’s dominance in the search market. The trial will...
April 14, 2025
The protracted Synapse Financial Technologies bankruptcy is nearing its final stages with a whimper rather than a bang. Late last week (April 10) Trustee Jelena McWilliams filed a status report with the Central California Bankruptcy Court that laid the ground for dismissal or conversion of the case to Chapter 7. McWilliams stated in the report […]
January 20, 2025
The new administration is here, ushering in a phase of uncertainty surrounding banking regulations and the state of the regulatory agencies themselves. Beyond the usual avenues of rule-making and enforcement...
January 06, 2025
The challenge for banks and supply chains of doing business online comes at the point of onboarding — the moment a relationship with an enterprise, particularly a small business, is...
December 26, 2024
Sweeping changes to debit card interchange fees — and the ways debit transactions are facilitated — may come in 2025. As a result, the economics of debit payments may also...
April 23, 2025
If Google were ordered to spin off Chrome, the browser could be sold for as much as $50 billion, DuckDuckGo CEO Gabriel Weinberg told a court Wednesday (April 23). Weinberg, whose company is a search engine and browser rival of Google, said this while testifying during the Google antitrust trial, Bloomberg reported Wednesday. In that […]
April 22, 2025
Last summer, OpenAI approached Google about a partnership to power ChatGPT, but it got turned down. That information came to light Tuesday (April 22) during testimony by Nick Turley, OpenAI’s...
April 21, 2025
A federal judge blocked the Department of Government Efficiency (DOGE) from accessing sensitive personal information at the Social Security Administration. U.S. District Judge Ellen Lipton Hollander granted a preliminary injunction...
April 21, 2025
The Federal Trade Commission filed a lawsuit Monday (April 21) against Uber, alleging the company violated laws with deceptive billing and cancellation practices. The FTC’s complaint targeted the Uber One...
