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Buying memecoins with credit cards on Robinhood Wallet and Fomo appears to sidestep card-network crypto rules
Buying memecoins with credit cards on Robinhood Wallet and Fomo appears to sidestep card-network crypto rules
- Buying memecoins with credit cards on Robinhood Wallet and Fomo appears to sidestep card-network crypto rules
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Block Lets Lenders Access Cash App Credit Insights
Block says it is opening its Cash App score to external lenders for the first time.…
- Using Nova Credit as a distribution partner, Block will make Cash App’…
- “We built Cash App Score to see the financial activity of millions of …
- “Partnering with Nova Credit lets us put that capability in the hands …
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ChatGPT Ads Hit $1 Billion Faster Than Google Ever Did
Ads inside ChatGPT are now bringing in money at a pace equal to $1 billion a year, OpenAI said in a Monday announcement, a milestone the company reached less than 200 days after launching the ad product.…
- OpenAI is guiding toward $2.
- 5 billion in booked ad revenue for the full year, a pace it took Googl…
- The milestone comes as OpenAI opens ChatGPT’s self-service ad system t…
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IKEA Cuts Prices in Europe as Cost of Living Pressures Persist
IKEA is reducing prices on 1,500-plus products in Europe amid ongoing cost-of-living pressures.…
- The Swedish furniture retailer announced Tuesday (Sept.
- 1) that it was investing nearly $1.
- 4 billion to mark down prices by 15% to 25%.
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Stripe Adds Online Legal Services Firm Clerky to Its Fold
Online legal services company Clerky says it is now part of payments giant Stripe.The company announced the deal last week, though terms have not been disclosed.…
- Launched more than a decade ago, Clerky provides startups and their la…
- “As startup attorneys in Silicon Valley, we saw how our clients would …
- “We started Clerky to provide the experience our clients were looking …
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Ethena Debuts Crypto-Centric Neobank Ethena Pay
Cryptocurrency company Ethena has launched what it calls an “internet money neobank” called Ethena Pay.…
- The new offering, which went live Tuesday (Sept.
- 1), includes card spending, dollar saving, international transfers and…
- “The roll-out will be phased with an initial early access list of 400 …
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The Hardest Job in Logistics Is Going to Robots
Warehouse automation has always been easiest where a company can build the environment around the machines: standardized bins, fixed conveyor paths, predictable inputs.…
- The harder problem sits at the edges of a logistics network, where a p…
- Amazon, FedEx and DHL are now aiming their heaviest automation investm…
- Amazon’s fulfillment centers are already thick with robots.
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Binance Expands TradFi Portfolio With Stock Options
Binance has begun offering customers of its cryptocurrency platform access to stock options.…
- “Stock Options are now live, offering physically-settled options contr…
- -listed stocks and ETFs, giving users the right to buy or sell underly…
- Binance characterizes its options offering as part of a growing suite …
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FIS and Ericsson Team to Improve Wallet-Led Financial Services
FIS has launched a collaboration with tech company Ericsson centered around “wallet-led” financial services.…
- The partnership will see FIS payments and issuing capabilities integra…
- “Organizations want to bring wallet-led financial services to market f…
- “By working with Ericsson, FIS wants to remove that friction with trus…
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OpenAI Blames Apple for iPhone Maker’s Trade Secret Lawsuit
In July, Apple sued OpenAI, accusing its one-time partner of stealing trade secrets.…
- The legal battle continued this week, with Apple now alleging that an …
- In a motion for expedited discovery filed in federal court Monday (Aug.
- 31) and obtained by PYMNTS, Apple discussed its initial forensic analy…
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ChatGPT Facing Dual Regulatory Regimes Under New EU Designation
The European Union is bringing OpenAI’s ChatGPT under its strictest online platform rules, signaling that Brussels increasingly views widely used artificial intelligence services not only as AI models but also as mass-market information platforms capable of creating systemic risks.…
- The European Commission on Monday (Aug.
- 31) designated ChatGPT as a Very Large Online Search Engine, or VLOSE,…
- Reddit and Roblox were separately designated as Very Large Online Plat…
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YouTube’s Amazon Deal Pushes Social Commerce Closer to Checkout
YouTube is integrating Amazon into its creator-driven shopping, potentially accelerating the integration of eCommerce into the videos, feeds and communities where consumers already spend their time digitally.…
- The video sharing site announced Thursday (Aug.
- 27) that Amazon has joined YouTube’s Shopping Affiliate Program in the…
- , allowing eligible creators to tag Amazon products in Shorts, long-fo…
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