CFPB drops Zelle lawsuit in latest reversal under Trump administration

The Consumer Financial Protection Bureau has dropped its lawsuit over peer-to-peer payment system Zelle, the latest in a series of dismissals from this department under President Donald Trump’s administration. The agency had only just announced the suit — filed against Zelle’s operating entity Early Warning […]

Judge rejects Musk’s attempt to block OpenAI’s for-profit transition

A federal judge in Northern California denied Elon Musk’s motion for an injunction that would have halted OpenAI’s planned transition into a for-profit company, Bloomberg reported. Musk failed to provide enough evidence necessary for an injunction, U.S. District Court Judge Yvonne Gonzalez Rogers ruled Tuesday. […]

Meta and Internet Society team up to expand internet access around the world

Meta and the Internet Society have established the Connectivity Co-Funding Initiative, which aims to expand affordable internet connection around the world. They announced the new project at Mobile World Congress in Barcelona, Spain. The partners are committing a $30 million investment through 2030 that will […]