Sources: Meta is talking to crypto firms about introducing stablecoins for managing payouts, and in January 2025 hired a VP of product with crypto experience
Three Years After Diem Rony Roy / crypto.news : Meta may be eyeing stablecoin payments for Instagram creators Samuel Edyme / Bitcoinist.com : Stripe Expands Crypto Offerings With Stablecoin Accounts a...
Airbnb now shows the full cost of a stay, excluding taxes, in search results by default; a Biden-era FTC rule on “junk fees” is set to go into effect on May 12
Even the Sneaky Fees Fortune : Airbnb will now show you the full price for a stay by default so you know exactly what you'll be paying for upfront AJ Dellinger / Gizmodo : Airbnb to Show Full Price by...
Sources: the Trump administration plans to eliminate the IRS' free Direct File tax program, after IRS staff were told in mid-March to stop working on it
apnews.com/article/irs-... Representative Seth Magaziner / @magaziner.house.gov : So instead of using technology to make government more efficient, DOGE is canceling technology to make big corporation...
EU regulators approve Microsoft's $69B Activision Blizzard acquisition after Microsoft made concessions to keep rivals' access to Call of Duty and other games
but the saga is ‘unlikely to end soon’ Sofia Wyciślik-Wilson / BetaNews : EU approves Microsoft's multi-billion-dollar Activision Blizzard acquisition despite UK and US opposition Arjun Kharpal / CNBC...
A recap of TikTok CEO Shou Chew's testimony before Congress, in which he struggled to address national security concerns over ByteDance's ownership of TikTok
“[T]he day was dominated by political grandstanding that failed to acknowledge the real solutions already underway through Project Texas or productively address industry-wide issues of youth safety.” ...
Sources: increased SEC scrutiny of Circle, eToro, Galaxy Digital, and other crypto companies has blocked them from going public in the US over the past year
Companies including Circle Internet Financial and eToro have failed to secure the regulator's approval — Crypto's Crash Has Been Swift but Largely Self-Contained. Tweets: @matthewstoller , @johnreed...
The FTC proposes a rule banning non-compete clauses, saying the contracts harm healthy competition in the labor and product markets and block entrepreneurship
the latest move in Lina Khan's ambitious reform agenda. https://www.nytimes.com/... Elizabeth Warren / @ewarren : Imagine you hate your job. The pay is low. The benefits are crummy. But your boss made...
Meta CFO says Apple's ATT privacy changes will cost the company $10B in revenue during 2022 and that Google “faces a different set of restrictions from Apple”
High ARPU coastal users have churned; TikTok is eating their lunch 2—They can't acquire because of antitrust scrutiny 3—They can't build because founders don't want to be there 4—IDFA killed their abi...
Intel apologizes, following a backlash in China, for telling Chinese suppliers to avoid Xinjiang labor, saying it only did so to “ensure compliance” with US law
Tech companies withdraw from in-person CES Simon Sharwood / The Register : Intel ‘regrets’ offending China with letter telling suppliers to avoid Xinjiang Liza Lin / Wall Street Journal : Intel Apolog...
Intel apologizes, following a backlash in China, for telling Chinese suppliers to avoid Xinjiang labor, saying it only did so to “ensure compliance” with US law
Tech companies withdraw from in-person CES Simon Sharwood / The Register : Intel ‘regrets’ offending China with letter telling suppliers to avoid Xinjiang Agence France-Presse : Intel Apologizes Over ...