Substack apologizes after sending a push alert encouraging some users to subscribe to NatSocToday, a Nazi newsletter advocating for a “White homeland”
The alert contained a swastika and prompted users to subscribe to newsletter featuring opinions and news important to the “white nationalist community.” Bluesky: @jonayariley , @jimllmixit , @dankenne...
How Cleo AI and Bright, personalized AI chatbots offering financial advice, often function as a way to sell high-interest loans and cash advances to young users
AI finance apps are reaching Gen Z and millennial users with personalized chatbots that offer money advice—and upsell them big-time. Bluesky: @carnage4life , @sylonzero , @sylonzero , @andycarr , @thi...
The US DOJ files a complaint and announces a civil enforcement action against fintech startup Dave and CEO Jason Wilk, replacing an FTC complaint from November
Press release: www.justice.gov/opa/pr/unite... [embedded post] Mastodon: Dare Obasanjo / @carnage4life@mas.to : There's no such thing as a free lunch. The DOJ has taken action against the fintech Da...
In a lawsuit, the US FTC accuses fintech startup Dave of misleading struggling borrowers about its cash advances terms, charging undisclosed fees, and more
Liz Hoffman / Semafor :
Patreon has launched Patreon Capital, which provides creators with cash advances they pay back with slight interest using income earned on the platform
I was tempted to kick this story off with a platitude along the lines of: “Starting something is the hardest part.”
Shopify announces Shopify Capital, a program that lets eligible merchants get cash advances, following in the footsteps of PayPal and Square
Jason Del Rey / Re/code :