Texas news and trends

FAA Unveils AI Integration Aviation Roadmap as States Eye Regulations
artificial intelligence // August 28, 2024

From the Texas Capitol to federal aviation authorities, policymakers are scrambling to address the rapid proliferation of artificial intelligence (AI) technologies. As lawmakers in the Lone Star State debate AI regulation and the Federal Aviation Administration (FAA) maps out safety protocols for AI in aviation,...

Meta Settles Landmark $1.4 Billion Biometrics Suit With Texas
Legal // July 30, 2024

Meta will pay a record $1.4 billion to settle a biometrics-related lawsuit in Texas. In a Tuesday (July 30) news release, Texas Attorney General Ken Paxton said the settlement was the largest ever from an action brought by a single state, and is the largest privacy...

Today in Crypto: Texas Probes Exchange FTX US Amid Securities Allegations; CFTC, SEC Investigate Three...
Cryptocurrency // October 17, 2022

Cameron Winklevoss has stepped down as a director of Gemini’s European division, Coindesk wrote, citing an Oct. 12 filing with Companies House, a registry in the U.K. In his place, Gillian Lynch, the Gemini head of Ireland and Europe, has been appointed to the board....

“Pro-American” FinTech GloriFi Plans $1.7B SPAC Deal
Fintech Investments // July 26, 2022

GloriFi, a Dallas tech company that bills itself as “pro-freedom, pro-America, pro-capitalism,” is getting ready to go public in a blank check merger worth $1.7 billion. According to a Monday (July 25) news release, the deal will see GloriFi merge with DHC Acquisition Corp, a...

Quick Reads
Meta Settles Landmark $1.4 Billion Biometrics Suit With Texas

July 30, 2024
Meta will pay a record $1.4 billion to settle a biometrics-related lawsuit in Texas. In a Tuesday (July 30) news release, Texas Attorney General Ken Paxton said the settlement was the largest ever from an action brought by a single state, and is the largest privacy settlement obtained by an attorney general. According to the release, […]

Today in Crypto: Texas Probes Exchange FTX US Amid Securities Allegations; CFTC, SEC Investigate Three...

October 17, 2022
Cameron Winklevoss has stepped down as a director of Gemini’s European division, Coindesk wrote, citing an Oct. 12 filing with Companies House, a registry in the U.K. In his place,...

“Pro-American” FinTech GloriFi Plans $1.7B SPAC Deal

July 26, 2022
GloriFi, a Dallas tech company that bills itself as “pro-freedom, pro-America, pro-capitalism,” is getting ready to go public in a blank check merger worth $1.7 billion. According to a Monday...

Texas Man Gets 5 Years in Prison for Role in PayPal Fraud Scheme

May 11, 2022
The Department of Justice has reported that 37-year-old Marcos Ponce of Austin, Texas, was sentenced to five years in prison for a scheme to buy tens of thousands of compromised...