DOJ takes aim at Chrome

November 21, 2024

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Consumer watchdogs that monitor digital wallets and payment apps

Large companies offering digital wallets and payment apps will now be supervised by the Consumer Financial Protection Bureau (CFPB). The CFPB on Thursday finalized rules that will bring it under oversight of companies that handle more than 50 million transactions a year. According to CNBC, this includes Apple, Google, Amazon, PayPal, Block, Venmo, and Zelle. “Digital payments have gone from being a novelty to a necessity, and our…

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SEC chairman to resign on inauguration day

Securities and Exchange Commission (SEC) Chairman Gary Gensler announced Thursday that he will step down from his position when President-elect Trump takes office on January 20th. “The Securities and Exchange Commission is a great institution,” Gensler said in a statement. “The staff is made up of true public servants. It has been the honor of a lifetime to work with them on behalf of ordinary Americans and ensure the survival of our capital markets…

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The Refresh

news we reportedtThe intersection of technology and other topics:

Sam Altman's startup appoints former X executive

OpenAI CEO Sam Altman's startup Tools for Humanity nick picklesX's former vice president of international affairs will serve as chief policy officer. The Wall Street Journal reported.

Apple aims to revamp Siri assistant in AI race

Apple is working on a more conversational version. Siri voice assistant To support OpenAI's ChatGPT and other voice services, reported by bloomberg.

In other news

Branch out with more reading on The Hill.

Bezos pushes back on Musk's claim that Trump will lose

Jeff Bezos said fellow billionaire Elon Musk, the Amazon founder and Washington Post owner, predicted that former President Trump would lose to Vice President Harris in this month's presidential election. refutes the claim. “I heard Jeff Bezos telling everyone this tonight at Mar-a-Lago. [Trump] You should sell all your Tesla and SpaceX stock because you are definitely going to lose,” Musk wrote on social media…

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What other people are reading

Two important stories about The Hill today:

Gaetz withdraws from consideration for attorney general

Former Congressman Matt Gaetz (R-Florida) has withdrawn President-elect Trump's nomination for attorney general. read more

Trump focuses on new AG nomination after Gaetz withdraws

With the withdrawal of former Rep. Matt Gaetz (R-Florida) as a candidate, President-elect Trump is back to square one in securing an attorney general position… read more

Everyone is being pushed too hard. see you tomorrow!

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