CFPB examines Big Tech’s role in mobile payment systems ahead of rulemaking
The U.S. Consumer Financial Protection Bureau has focused the role of Apple and Google in mobile payments with a critical eye.
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The U.S. Consumer Financial Protection Bureau has focused the role of Apple and Google in mobile payments with a critical eye.
During a recent podcast interview, Michael Saylor explained that Bitcoin being bought and centralized by corporations should not be feared. He outlined three main reasons driving the need for custodians.
A Supreme Court judge has rejected a request from Epic Games that would've immediately loosened Apple's App Store payment rules, to the potential benefit of crypto and NFT apps.
Their letter aimed to explore whether these guidelines might inadvertently hinder the progress and growth of cutting-edge innovations.
Along with the recent wave of lawsuits, this week’s Crypto Biz also explores Apple’s new headset, Brazil’s Mercado Bitcoin payments arm and how regulators are targeting AI-generated fake news.
The tech giant finally dropped details of its new pricey mixed-reality headset during the Worldwide Developers Conference, though it made no mention of the word “metaverse.”
An internal document from the tech giant said that while it develops its own AI technology, employee usage of outside AI chatbots will be restricted.
Messaging app Telegram denies users were at risk after a security exploit was discovered that could allow attackers to gain control of a macOS device’s camera.
The Apple CEO said the company would “continue weaving” AI into its products as internal research indicates an emphasis on building unbiased AI systems.
High-risk tools will not be banned entirely, though they will be subjected to stricter transparency procedures.