The U.S. Department of Justice reportedly plans to ask a judge to order Google to divest one or more core products as a way to reduce the company’s dominance in the search market. Google’s Chrome browser and Android mobile operating system could be among those...
There’ll be a moratorium on new banking rules — at least for a bit. A trio of the top financial services industry regulators told the House Financial Services Committee Wednesday (Nov. 20) that any new rulemaking would not commence until next year, after the incoming...
At its core, blockchain is a distributed ledger technology (DLT) that records transactions across multiple computers in a secure, immutable and transparent manner. Unlike traditional databases, where data is stored in a centralized system, blockchain distributes data across a network, ensuring no single point of...
Bitcoin and the global cryptocurrency market reportedly hit record highs Wednesday (Nov. 20). Bitcoin hit a record high of $94,982.37 before dipping to $93,709, a figure that was still up 1.6%, Reuters reported Wednesday. The value of the global cryptocurrency market also hit a record...
November 20, 2024
Credit is getting harder to come by, especially for auto loans, mortgages and those with low credit scores. Amid an environment where lenders are tightening, borrowers are feeling discouraged. The Credit Access Survey released Monday (Nov. 18) by the Federal Reserve Bank of New York showed that demand — as in applications — was on […]
November 06, 2024
The price of bitcoin hit a new all-time high Wednesday (Nov. 6), and America elected a new president. The two are far from unrelated. Following the projected victory of Donal...
September 25, 2024
As European tech leaders urge regulatory clarity to stay competitive in artificial intelligence, New York lawmakers contemplate stricter controls, highlighting the global struggle to balance innovation and oversight. Meanwhile, industry...
August 21, 2024
The Federal Reserve’s latest report to Congress offered a snapshot of money spent — and returns on investment — on all manner of payment systems. As real-time fund flows gain...
November 21, 2024
Google is criticizing what it called a “radical” proposal to remedy government antitrust claims. The tech giant made the argument in a blog post Thursday (Nov. 21), one day after the U.S. Department of Justice called for Google to divest its Chrome browser to answer a ruling that the company has a search market monopoly. […]
November 20, 2024
The U.S. Department of Justice reportedly plans to ask a judge to order Google to divest one or more core products as a way to reduce the company’s dominance in...
November 20, 2024
Bitcoin and the global cryptocurrency market reportedly hit record highs Wednesday (Nov. 20). Bitcoin hit a record high of $94,982.37 before dipping to $93,709, a figure that was still up...
November 19, 2024
Federal Deposit Insurance Corp. (FDIC) Chairman Martin Gruenberg will step down from that post and from his seat on the board of directors the day before the inauguration of President-elect...
