Australia demands big social platforms pay local news publishers
Australia is not messing around when it comes to big tech. Last month the country introduced a law that, if…
Tag: Financial
YC-backed Finny is using AI to match financial advisors with prospects
Financial advisors have a big hurdle when it comes to finding new clients: Cold outreach rarely works. Often, the only…
Google sues after Consumer Financial Protection Bureau orders supervision of its payment arm
The Consumer Financial Protection Bureau (CFPB) on Friday said it has ordered federal supervision of Google Payment Corp. after determining…
Google pushes back against federal supervision of its payment arm
The Consumer Financial Protection Bureau announced Friday that it was placing Google’s payment arm under federal supervision. In response, Google…
OpenAI considers ditching provision that would prevent AGI from being used for commercial gain
According to the Financial Times, OpenAI is considering ditching a provision that would shut Microsoft, a major partner and investor,…
Ads might be coming to ChatGPT — despite Sama not being a fan
OpenAI is toying with a move into ads, per the Financial Times. CFO Sarah Friar told the newspaper it’s weighing…
FTC reportedly opens antitrust investigation into Microsoft
The FTC has launched an antitrust investigation into Microsoft, according to multiple reports that corroborate earlier reporting by the Financial…
HongShan, spun out of Sequoia last year, is reportedly struggling to invest its huge war chest
According to the Financial Times, HongShan, the Chinese investment firm spun off from Sequoia Capital in 2023, is aggressively expanding…
The US Consumer Financial Protection Bureau will now regulate Apple Pay, Venmo and others
The US Consumer Financial Protection Bureau (CFPB) is no longer regulating just banks, now supervising Apple and other companies offering…