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Cruz says controversial TikTok bill ‘will benefit’ the app’s users

Sen. Ted Cruz (R-Texas) said in an interview on Wednesday that he has made a controversial move to force TikTok’s China-based parent company ByteDance to sell the popular app or face a ban in the United States. He said users would benefit from the proposed legislation. After a confidential briefing for TikTok’s senators, Cruz argued […]

The 4 best secret note-taking apps that can change everything in your life

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15M Americans buy groceries with ‘buy now, pay later’ apps

Survey shows soaring food inflation is forcing more Americans to use “buy now, pay later” apps when shopping for groceries, with some earning six-figure incomes. It also includes shoppers who earn money. Ann Analysis by PYMNTS Intelligence Last year, we found that 15 million people, or 6.5% of the U.S. population, reported using the “buy […]

GOP blasts consumer agency over push to regulate digital wallets, payment apps

House Republicans attacked the Consumer Financial Protection Bureau (CFPB) during a hearing Wednesday over proposed rules that would regulate financial services such as digital wallets and payment apps. The agency released a proposal to supervise nonbank financial technology in November, with CFPB Director Rohit Chopra saying the rule would “help ensure that large technology companies […]

Bumble laying off 350 workers, 30% of dating app’s workforce

Bumble on Tuesday announced plans to lay off 350 employees and reduce its workforce by 30% as part of a major restructuring plan. The dating app’s horizontal hiring is characterized by the fact that only women can initiate chats with male suitors, but the CEO, who took over in January after previously serving as CEO […]