Products and Services
Germany tells Apple, Google to block DeepSeek as the Chinese AI app faces rising pressure in Europe
In this photo illustration, the DeepSeek logo is seen displayed on a smartphone screen and in the background, the flag of the European Union. Thomas Fuller | Sopa Images | Lightrocket | Getty Images One of Germany’s data protection watchdogs on Friday said DeepSeek’s app illegally sends user data to China and asked Google and […]
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Apple reveals complex system of App Store fees to avoid EU fine of 500 million euro
Omar Marques | Sopa Images | Lightrocket | Getty Images Apple Thursday made changes to its App Store European policies, saying it believes the new rules will help the company avoid a fine of 500 million euro ($585 million) from the EU for violating the Digital Markets Act. The new policies are a complicated system […]
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Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB
Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters The Federal Reserve’s inspector general is reviewing the Trump administration’s attempts to lay off nearly all Consumer Financial Protection Bureau employees and cancel the agency’s […]
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Walmart fined for shipping realistic toy guns to New York, violating state law
New York Attorney General Letitia James holds a press conference following a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York State for three years, in the Manhattan borough of New York City, U.S., February 16, 2024. David Dee Delgado | Reuters […]
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New York AG sues Capital One after Trump-led CFPB drops similar case
Key Points New York Attorney General Letitia James sued Capital One on Wednesday, accusing the bank of “cheating” customers out of millions of dollars in interest payments. The suit mimics litigation by the CFPB, which was dropped in February under the Trump administration. “Big banks are not allowed to cheat their customers with false advertising […]
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‘Resort fees’ in the U.S. must now be disclosed. But some aren’t celebrating yet
A new U.S. rule that requires hotel and short-term lodging companies to disclose so-called “junk fees” starts Monday. Announced by the Federal Trade Commission in December, the rule takes direct aim at the widely loathed charges, which can appear as “resort,” “destination” or “hospitality service” fees and purport to grant perks that travelers either don’t […]
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Google agrees to pay $1.4 billion data privacy settlement to Texas
A Google corporate logo hangs above the entrance to the company’s office at St. John’s Terminal in New York City on March 11, 2025. Gary Hershorn | Corbis News | Getty Images Google agreed to pay nearly $1.4 billion to the state of Texas to settle allegations of violating data privacy rights of the state’s […]
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Trump taps CFPB director nominee Jonathan McKernan for Treasury post
Jonathan McKernan testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025. Annabelle Gordon | Reuters President Donald Trump plans to nominate Jonathan McKernan to be undersecretary of domestic finance at the Treasury Department, months after the president tapped McKernan to lead the […]
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Microsoft wins appeal in FTC challenge to $69 billion Activision Blizzard deal
An Activision Blizzard’s Call of Duty: Modern Warfare video game is inserted into Microsoft’s Xbox One video game console. Michael Ciaglo | Bloomberg | Getty Images A federal appeals court on Wednesday rejected a legal challenge by the Federal Trade Commission to Microsoft‘s $69 billion purchase of “Call of Duty” maker Activision Blizzard. The San […]
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Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
Key Points Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the industry. Now they’re far more reluctant to reverse those steps, even after bank trade groups succeeded in killing the CFPB rule […]
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