Texas news and trends

Meta Settles Landmark $1.4 Billion Biometrics Suit With Texas
Legal // July 30, 2024

Meta will pay a record $1.4 billion to settle a biometrics-related lawsuit in Texas. In a Tuesday (July 30) news release, Texas Attorney General Ken Paxton said the settlement was the largest ever from an action brought by a single state, and is the largest privacy...

Today in Crypto: Texas Probes Exchange FTX US Amid Securities Allegations; CFTC, SEC Investigate Three...
Cryptocurrency // October 17, 2022

Cameron Winklevoss has stepped down as a director of Gemini’s European division, Coindesk wrote, citing an Oct. 12 filing with Companies House, a registry in the U.K. In his place, Gillian Lynch, the Gemini head of Ireland and Europe, has been appointed to the board....

“Pro-American” FinTech GloriFi Plans $1.7B SPAC Deal
Fintech Investments // July 26, 2022

GloriFi, a Dallas tech company that bills itself as “pro-freedom, pro-America, pro-capitalism,” is getting ready to go public in a blank check merger worth $1.7 billion. According to a Monday (July 25) news release, the deal will see GloriFi merge with DHC Acquisition Corp, a...

Texas Man Gets 5 Years in Prison for Role in PayPal Fraud Scheme
Legal // May 11, 2022

The Department of Justice has reported that 37-year-old Marcos Ponce of Austin, Texas, was sentenced to five years in prison for a scheme to buy tens of thousands of compromised PayPal accounts, a press release said. After the prison term, he’ll face three years of...

Quick Reads
Meta Settles Landmark $1.4 Billion Biometrics Suit With Texas

July 30, 2024
Meta will pay a record $1.4 billion to settle a biometrics-related lawsuit in Texas. In a Tuesday (July 30) news release, Texas Attorney General Ken Paxton said the settlement was the largest ever from an action brought by a single state, and is the largest privacy settlement obtained by an attorney general. According to the release, […]

Today in Crypto: Texas Probes Exchange FTX US Amid Securities Allegations; CFTC, SEC Investigate Three...

October 17, 2022
Cameron Winklevoss has stepped down as a director of Gemini’s European division, Coindesk wrote, citing an Oct. 12 filing with Companies House, a registry in the U.K. In his place,...

“Pro-American” FinTech GloriFi Plans $1.7B SPAC Deal

July 26, 2022
GloriFi, a Dallas tech company that bills itself as “pro-freedom, pro-America, pro-capitalism,” is getting ready to go public in a blank check merger worth $1.7 billion. According to a Monday...

Texas Man Gets 5 Years in Prison for Role in PayPal Fraud Scheme

May 11, 2022
The Department of Justice has reported that 37-year-old Marcos Ponce of Austin, Texas, was sentenced to five years in prison for a scheme to buy tens of thousands of compromised...