March, 2025

March, 2025

Trump Pardons Trevor Milton, Founder of Bankrupt Truck Maker Nikola
President Trump’s intervention came while Mr. Milton was appealing his conviction on securities and wire fraud charges....

FDIC Says Guidance Reflects ‘New Approach’ to Banks and Crypto
The Federal Deposit Insurance Corporation (FDIC) provided new guidance Friday (March 28) saying that FDIC-supervised institutions can engage in crypto-related activities without receiving prior FDIC a...

Inflation’s Up and Sentiment’s Down as Consumers Pad Their Savings
The push and pull of various pressures — inflation, tariffs and worries about the general state of affairs — has shown up in several economic reports released Friday (March 28). A connecting of th...

Google Reaches Preliminary Settlement in Class Action Brought by Advertisers in 2011
Google reportedly reached a preliminary settlement in a 14-year-old class action lawsuit brought by advertisers by agreeing to pay $100 million. The lawsuit began in March 2011 and alleged that Google...

This Week in AI: OpenAI, State Laws and Google Gemini
This week in AI saw mega-fundraising as well as states shifting their regulations to focus more on growth than risk mitigation. Meanwhile, financial service firms remain cautious on agentic AI as Goog...

FTC Adds Defendants in Case Alleging Unlawful Debt Relief Operation
The Federal Trade Commission (FTC) has added more defendants in its case against student loan debt relief operation Superior Servicing and its operator, Dennise Merdjanian. The regulator’s amen...

Report: CoreWeave’s Downsized IPO Signals Cooling of Enthusiasm for AI
CoreWeave’s downsizing of its initial public offering (IPO) reportedly signals a cooling of investor enthusiasm for artificial intelligence IPOs and for IPOs in general. The company, which offers cl...

Cleo AI to Pay $17M As Result of FTC Lawsuit Charging Firm “Deceived” Consumers
Online cash advance company Cleo AI has agreed to pay $17 million to settle the Federal Trade Commission’s allegations that the company allegedly “deceived” consumers about “how much money the...

Fintech Tuum and Fiinu Reactivate Core Banking Agreement to Support White-Label Expansion
Tuum, a “next generation” core banking provider, announces the renewal of its core banking software services agreement with Fiinu Plc, a UK-based fintech and creator of the Plugin Overdraft. This ...

LatAm Spend Management Fintech Mendel Reports Series B Round
Mendel, Latin America’s enterprise spend management platform, announced the closing of a $35 million Series B round led by Base10 Partners with participation from PayPal Ventures, and “support fro...

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B&T Television

April