Anthropic says it'll challenge “any supply chain risk designation in court” and that the designation would only affect contractors' use of Claude on DOD work
Earlier today, Secretary of War Pete Hegseth shared on X that he is directing the Department of War to designate Anthropic a supply chain risk.
Defense Secretary Pete Hegseth directs the DOD to designate Anthropic as a supply chain risk, barring military contractors from doing business with the company
This week, Anthropic delivered a master class in arrogance and betrayal as well as a textbook case of how not to do business with the United States Government or the Pentagon. Our ...
CoreWeave lost $33B in market value in six weeks amid construction delays at its Denton, Texas AI data center, criticism from short seller Jim Chanos, and more
The data-center provider's terrible six-week slide picked up speed when a famous short seller piled concerns on top of delays
Filing: neobank Chime plans to sell ~26M shares in its IPO at $24 to $26, valuing it a $10.3B to $11.1B; co-founders Chris Britt and Ryan King each own 4% to 5%
Banking app Chime plans to sell shares in an initial public offering at a price that would value it at between $10.3 billion and $11.1 billion …
Chime's S-1: MyPay revenue totaled $64.3M in Q1 vs. estimated credit losses from the product of $57.3M, highlighting the risks with the paycheck advance product
Last summer, banking app Chime introduced a lending product that let customers borrow small amounts to get them through to their next paycheck.
The US FTC sues Uber, claiming the company charged for Uber One without consent, made it difficult to cancel, and failed to deliver promised savings
The Federal Trade Commission on Monday sued Uber, accusing the ride-hailing and delivery company of deceptive billing and cancellation practices tied to its subscription service.
The US SEC says that two Robinhood broker-dealers agreed to pay $45M in combined penalties to settle charges that they violated 10+ securities law provisions
Dan Mangan / CNBC :
The US CFPB issues an order establishing supervisory authority over Google's payment arm, Google Payment; Google says it's challenging the decision in court
The US watchdog for consumer finance on Friday announced it was ordering federal supervision of Google Payment Corp., the internet giant's …
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks
the Biden/Warren crew just enacted this to stop @X from becoming a payments juggernaut. Wow, a whole new 259-page rule aimed at X...yet more lawfare against you.👊 (Congress can & p...
Wise, Affirm, Mercury, and other companies say they're investigating how a recent ransomware attack by LockBit on Evolve Bank and Trust impacted their customers
The money transfer and fintech company Wise announced on Friday that some of its customers' personal data may have been stolen …
Wise, Affirm, Mercury, and other companies say they're investigating how a recent ransomware attack by LockBit on Evolve Bank and Trust impacted their customers
The money transfer and fintech company Wise announced on Friday that some of its customers' personal data may have been stolen …
Wise, Affirm, Mercury, and other companies say they're investigating how a recent ransomware attack by LockBit on Evolve Bank and Trust impacted their customers
The money transfer and fintech company Wise announced on Friday that some of its customers' personal data may have been stolen …
Wise, Affirm, Mercury, and other companies say they're investigating how a recent ransomware attack by LockBit on Evolve Bank and Trust impacted their customers
The money transfer and fintech company Wise announced on Friday that some of its customers' personal data may have been stolen …
TabaPay, which offers instant payment services, agrees to acquire assets of banking-as-a-service startup Synapse, after Synapse filed for Chapter 11 bankruptcy
We are excited to announce that TabaPay is acquiring the assets of Synapse. TabaPay, Inc. : TabaPay to Acquire the Assets of Synapse Financial Technologies, Inc. X: Rohit Mittal / ...
Startup-focused neobank Mercury expands to consumers with Mercury Personal, offering support for multiple users, access to up to $5M in FDIC insurance, and more
The US CFPB fines BloomTech, formerly Lambda School, and CEO Austen Allred $164K+ and bans BloomTech from lending for 10 years over deceiving students on loans
In an order today, the U.S. Consumer Financial Protection Bureau (CFPB) said that BloomTech, the for-profit coding bootcamp previously known …
Robinhood launches Gold Card, a 3% cashback credit card for Robinhood Gold members, eight months after acquiring credit card startup X1 for $95M
crazy good deal for $50 annually Steve Moser / @stevemoser : I'm going to switch from using my Apple Card to the Robinhood Card since the Apple Card is 2% only on Apple Pay transac...
Sources: US prosecutors were investigating Signature's work with crypto clients before regulators seized the bank, including over detecting money laundering
US prosecutors were investigating Signature Bank's work with crypto clients before regulators suddenly seized the lender this past weekend …
A look at the history of Signature Bank, a lender once tied to Jared Kushner and founded in 2001 that leaped into crypto, ultimately leading to its downfall
Signature Bank was flying high when co-founder Scott Shay mused about success on a podcast early last year.
Internal documents suggest personal finance app Eco, offering 2.5%-5% “rewards APY”, misrepresented its practices as funds likely went to risky crypto entities
Startup Idea №1: — We provide an API for charitable funds … Tweets: Jason Mikula / @mikulaja : Fintech Biz Weekly exclusive WHISTLEBLOWER REVEALS: a16z- & Peter Thiel-backed Eco ...