The Consumer Financial Protection Bureau (CFPB) announced today that’s it’s ordering Block, the creator of Cash App and parent company of Square, to pay up to $120 million in “refunds and other redress to consumers” and a $55 million fine over how the company handled fraud on its payment platform. Per the CFPB, Cash App’s… Continue reading CFPB fines Block up to $175m over Cash App’s lax fraud controls
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GM banned from selling your driving data for five years
/ The order comes after GM was caught selling customer data to third-party data brokers and insurance companies — without consent. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this… Continue reading GM banned from selling your driving data for five years
Nissan secures EV powertrain supply for next-gen LEAF, electric SUVs at its UK plant
Nissan will begin building updated LEAF models at its Sunderland, UK plant later this year. Ahead of its arrival, Nissan scored a new supply deal with JATCO for EV powertrains that will be built at a nearby facility. The parts will be used for the new LEAF and other upcoming Nissan EVs. Nissan scores EV… Continue reading Nissan secures EV powertrain supply for next-gen LEAF, electric SUVs at its UK plant
Tesla boycott is gaining momentum in Germany due to Elon Musk’s meddling in politics
A boycott of Tesla vehicles is gaining momentum in Germany due to Elon Musk’s consistent meddling in the country’s politics and promotion of a fringe far-right party. Many analysts and Tesla followers have been alleging that Elon Musk’s social media antics promoting misinformation and meddling in politics are affecting Tesla’s sales, which were down for… Continue reading Tesla boycott is gaining momentum in Germany due to Elon Musk’s meddling in politics
Tesla throttles down Cybertruck production, shift workers to Model Y
Tesla is throttling down Cybertruck production as it shifts workers to Model Y production because inventory of the electric pickup truck is piling up. The automaker had planned a production capacity of 250,000 Cybertrucks per year at Gigafactory Texas, and CEO Elon Musk said he could see this being ramped up to 500,000 per year.… Continue reading Tesla throttles down Cybertruck production, shift workers to Model Y
SG Digest: GenZero leads BeZero Carbon’s Series C round; W Capital Markets bags fundingBeZero’s round saw the participation of the Japan Airlines and …
Temasek-backed GenZero has led BeZero Carbon’s $32-million Series C round, while W Capital Markets Pte Ltd said it has recently raised Series B funding. BeZero Carbon raises $32m in Series C round Singapore-based decarbonisation-focused investment firm GenZero has led the $32-million Series C funding round of global carbon ratings agency BeZero Carbon, according to a… Continue reading SG Digest: GenZero leads BeZero Carbon’s Series C round; W Capital Markets bags fundingBeZero’s round saw the participation of the Japan Airlines and …
Will RedNote get banned in the US?
/ It could be — but Donald Trump gets to decide its fate. Image: Cath Virginia / The Verge I’m not the first to note the irony of TikTok users flooding RedNote this week. The TikTok divest-or-ban rule was supposed to drive Americans away from a foreign-owned social network that was subject to influence or… Continue reading Will RedNote get banned in the US?
This “Leaked Photo of Heaven” Went Viral for All the Wrong Reasons
“Leaked photo of heaven is going viral on social media.” God’s Country A “leaked photo of heaven” has been going mega viral on social media this week. The purported photo shows a half-baked and architecturally unsound city, seemingly carved into a chalky material and set against what appears to be the Milky Way, strongly reminiscent… Continue reading This “Leaked Photo of Heaven” Went Viral for All the Wrong Reasons
Chinese Students Repulsed by American School Lunches
“Your school is suspected of violating the Geneva treaty.” Phone Eats First As Westerners flock to RedNote ahead of a looming “TikTok ban,” a large-scale Sino-American cultural exchange is off to the races — and taking some interesting turns. One particularly fruitful dialogue has been a lunch-sharing trend between high-school aged Chinese and American students across… Continue reading Chinese Students Repulsed by American School Lunches
Elon Musk Claims Axe Murderer Targeted His Employees, Cops Say They Have No Idea What He’s Talking About
“We cannot find any incident that matches this description.” Truth Crime Tough-on-crime crusader Elon Musk claims that there was an axe murderer on the loose in the city of San Francisco who tried to kill several of his employees, with the authorities doing nothing to catch the assailant. The key word in all of this… Continue reading Elon Musk Claims Axe Murderer Targeted His Employees, Cops Say They Have No Idea What He’s Talking About