Apple Opens Tap-and-Go Payments to Rivals Amid EU Antitrust Scrutiny
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Apple Opens Tap-and-Go Payments to Rivals Amid EU Antitrust Scrutiny

ByKhandakar Hasan

Apple has agreed to open its tap-and-go mobile payments system to competitors, responding to pressure from European Union (EU) antitrust regulators.  This decision could significantly change how mobile payments work in Europe, giving consumers more choices and allowing other companies to compete with Apple Pay. ________________________________________________________________________ ________________________________________________________________________ Apple Opens Tap-and-Go Payments to Rivals Amid EU…

Biden Administration Supercharges EV Production with $1.7 Billion Investment
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Biden Administration Supercharges EV Production with $1.7 Billion Investment

ByKhandakar Hasan

The Biden administration is taking a bold step to revolutionize America’s auto industry.  Nearly $1.7 billion in grants is being allocated to transform traditional auto plants into electric vehicle (EV) production powerhouses. This move aims to modernize the U.S. automotive sector, secure jobs, and boost the country’s position in the global EV market. ________________________________________________________________________ ________________________________________________________________________…

Meta Faces Backlash Over AI Training Using Personal Data Without Consent
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Meta Faces Backlash Over AI Training Using Personal Data Without Consent

ByKhandakar Hasan

Meta, Facebook’s parent company, has recently been criticised for its plan to use personal data to train artificial intelligence (AI) models without seeking user consent.  The advocacy group NOYB (none of your business) has called on privacy enforcers across Europe to stop this practice, arguing that it violates users’ data protection rights. Meta Faces Backlash…

Gemini Customers Recover Over $2 Billion in Crypto from Genesis Bankruptcy
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Gemini Customers Recover Over $2 Billion in Crypto from Genesis Bankruptcy

Bynewwealthdaily

In a remarkable turn of events, bankrupt crypto lender Genesis and crypto exchange Gemini have returned more than $2 billion in crypto to 232,000 retail customers participating in their jointly managed Gemini Earn program.  According to a statement released by Gemini on Wednesday, this development has resulted in an impressive 242% return on assets locked…

U.S. Government Urges Tech Giants to Combat Antisemitism on Their Platforms
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U.S. Government Urges Tech Giants to Combat Antisemitism on Their Platforms

Bynewwealthdaily

In an effort to address the growing concern of antisemitic content online, the Biden administration has called upon major technology companies to enhance their efforts in curbing hate speech targeting the Jewish community.  Bloomberg News reported on Tuesday that representatives from prominent tech giants, including Alphabet (Google), Meta (Facebook), Microsoft, TikTok, and X (formerly Twitter),…