CFPB announces a $175M settlement with Block, including $120M in refunds to consumers, saying Cash App allowed rampant fraud while misleading its customers (Leo Schwartz/Fortune)

CFPB announces a $175M settlement with Block, including $120M in refunds to consumers, saying Cash App allowed rampant fraud while misleading its customers (Leo Schwartz/Fortune)

Leo Schwartz / Fortune:
CFPB announces a $175M settlement with Block, including $120M in refunds to consumers, saying Cash App allowed rampant fraud while misleading its customers  —  Jack Dorsey, cofounder and head of Block  —  On Thursday, the Consumer Financial Protection Bureau announced a massive $175 million settlement …



from Techmeme https://ift.tt/mgf5wKp
FTC finalizes changes to COPPA, including requiring opt-in consent for targeted ads and prohibiting companies from retaining kids' data indefinitely (Tonya Riley/Bloomberg Law)

FTC finalizes changes to COPPA, including requiring opt-in consent for targeted ads and prohibiting companies from retaining kids' data indefinitely (Tonya Riley/Bloomberg Law)

Tonya Riley / Bloomberg Law:
FTC finalizes changes to COPPA, including requiring opt-in consent for targeted ads and prohibiting companies from retaining kids' data indefinitely  —  Search by Topic  —  The Federal Trade Commission will require companies to secure opt-in consent for targeting advertising to children …



from Techmeme https://ift.tt/CDA9Gwn
Donald Trump is considering issuing an executive order once in office that would suspend enforcement of the TikTok sale-or-ban law for 60 to 90 days (Washington Post)

Donald Trump is considering issuing an executive order once in office that would suspend enforcement of the TikTok sale-or-ban law for 60 to 90 days (Washington Post)

Washington Post:
Donald Trump is considering issuing an executive order once in office that would suspend enforcement of the TikTok sale-or-ban law for 60 to 90 days  —  Trump, the infamous dealmaker, is exploring unconventional ways to rescue the Chinese-owned video app from a nationwide ban …



from Techmeme https://ift.tt/MST5Eik
Aligned Data Centers, which specializes in AI-related infrastructure, raised over $12B, including $5B+ of new primary equity and $7B+ of new debt commitments (Rishi Kant/Reuters)

Aligned Data Centers, which specializes in AI-related infrastructure, raised over $12B, including $5B+ of new primary equity and $7B+ of new debt commitments (Rishi Kant/Reuters)

Rishi Kant / Reuters:
Aligned Data Centers, which specializes in AI-related infrastructure, raised over $12B, including $5B+ of new primary equity and $7B+ of new debt commitments  —  Aligned Data Centers, which specializes in AI-related infrastructure, said on Wednesday it had completed another round of capital raise of more than $12 billion.



from Techmeme https://ift.tt/l84S9wn
DappRadar: NFT trading volumes in 2024 fell 19% YoY to $13.7B and sales counts fell 18% YoY to just under 50M, making 2024 the worst performing year since 2020 (Jesse Coghlan/Cointelegraph)

DappRadar: NFT trading volumes in 2024 fell 19% YoY to $13.7B and sales counts fell 18% YoY to just under 50M, making 2024 the worst performing year since 2020 (Jesse Coghlan/Cointelegraph)

Jesse Coghlan / Cointelegraph:
DappRadar: NFT trading volumes in 2024 fell 19% YoY to $13.7B and sales counts fell 18% YoY to just under 50M, making 2024 the worst performing year since 2020  —  DappRadar found the NFT market last year was the worst since 2020 for trading and sales volumes, with both falling nearly 20% over 2024.



from Techmeme https://ift.tt/ntyO1VC