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Rightwing US website that spreads election conspiracies declares bankruptcy
Gateway Pundit, run by Jim Hoft, is being sued for defamation by Georgia election workers Ruby Freeman and Shaye Moss and others The Gateway Pundit, a rightwing website known for spreading election conspiracies, will declare bankruptcy as it faces lawsuits for defamation. The site’s parent company, TGP Communications, will file for bankruptcy in Florida “as…
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Why is US threatening to ban TikTok and will other countries follow suit?
Joe Biden signs into law bill requiring Chinese owner to sell app’s US operations Senate passes bill banning TikTok if owner does not sell it Joe Biden has signed into law a bill that requires TikTok’s Chinese owner to sell the social media app’s US operations or face a ban, after the Senate passed the…
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Lloyds Bank’s operating costs up 11% YoY
Lloyds Bank reported an increase in operating costs in the first quarter driven by higher inflation and increased investment in technology. “Cost management remains a core discipline for us as a group,” Chief Financial Officer William Chalmers said during the bank’s earnings call today. Operating costs “include expected elevated severance charges taken early in the…
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Why is US threatening to ban TikTok and will other countries follow suit?
Joe Biden signs into law bill requiring Chinese owner to sell app’s US operations Senate passes bill banning TikTok if owner does not sell it Joe Biden has signed into law a bill that requires TikTok’s Chinese owner to sell the social media app’s US operations or face a ban, after the Senate passed the…
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Stripe, doubling down on embedded finance, de-couples payments from the rest of its stack
Stripe continues to hold the title of being the biggest financial technology business still in private hands, with a current valuation of about $65 billion and a whopping $1 trillion in total processed payment volume last year alone. But fintech is fragmented and a fast-moving target, and with competitors chipping away at its place, Stripe is…
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Why is US threatening to ban TikTok and will other countries follow suit?
Joe Biden signs into law bill requiring Chinese owner to sell app’s US operations Senate passes bill banning TikTok if owner does not sell it Joe Biden has signed into law a bill that requires TikTok’s Chinese owner to sell the social media app’s US operations or face a ban, after the Senate passed the…
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Why is US threatening to ban TikTok and will other countries follow suit?
Senate has voted to pass bill over Chinese-owned video-sharing app that Joe Biden is set to sign into law Senate passes bill banning TikTok if owner does not sell it President Biden is set to sign into law a bill that requires TikTok’s Chinese owner to sell the social media app’s US operations or face…
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Why is US threatening to ban TikTok and will other countries follow suit?
Senate has voted to pass bill over Chinese-owned video-sharing app that Joe Biden is set to sign into law Senate passes bill banning TikTok if owner does not sell it President Biden is set to sign into law a bill that requires TikTok’s Chinese owner to sell the social media app’s US operations or face…
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Fintech gaming startup Sanlo’s webshop tool could help developers avoid costly app store fees
Sanlo, a fintech startup that helps gaming companies manage finances, announced Wednesday the closed beta launch of its webshop tool, giving select game developers and studios a plug-in-play solution that works alongside their existing tech stacks. Gaming companies can join the waitlist starting today. With Google and Apple charging a 30% fee for in-app purchases,…
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Transactions: Navy Federal selects Zafin for core modernization
Navy Federal Credit Union selected SaaS core modernization provider Zafin to update its core and move away from its legacy mainframe. “We selected Zafin to help us as we work to externalize our products and pricing from the banking core,” Pete Amstutz, senior vice president of savings and membership at Navy Federal, told Bank Automation…