Trump’s CFPB drops enforcement of buy now, pay later rule in latest rollback of consumer protections

Posted on May 6, 2025 by Techme101

The CFPB said Tuesday it will stop enforcing a Biden-era rule treating buy now, pay later firms like credit card lenders.

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58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows

Posted on May 6, 2025 by Techme101

Interest in the $TRUMP meme coin spiked more than 50% after the project’s website promised the top 220 holders a seat at a dinner with the president.

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Elon Musk Tried Keeping Issues at His Texas Mansion Private, Emails Show

Posted on May 6, 2025 by Techme101

The tech billionaire’s staff were concerned that correspondence about his home in West Lake Hills would become public after neighbors complained.

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Rivian earnings: EV maker cuts delivery guidance because of Trump’s tariffs and trade wars

Posted on May 6, 2025 by Techme101

Rivian said in its earnings report Tuesday it will likely deliver fewer vehicles this year than previously forecasted due to President Trump’s tariffs and other regulatory changes, making it the latest automaker to be affected by the new administration’s chaotic economic policies. The company said Tuesday it expects to deliver between 40,000 and 46,000 EVs […]

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NSO Group must pay more than $167 million in damages to WhatsApp for spyware campaign

Posted on May 6, 2025 by Techme101

The five-year legal battle between the Meta-owned company and the most notorious spyware maker in the world ends with a huge win for WhatsApp.

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Super Micro issues weak guidance, cites ‘economic uncertainty and tariff impacts’

Posted on May 6, 2025 by Techme101

A week after issuing disappointing preliminary results, Super Micro said in its earnings release that it could see an impact from President Trump’s tariffs.

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AMD earnings beat as overall sales surge 36%

Posted on May 6, 2025 by Techme101

AMD reported first fiscal-quarter earnings on Tuesday that topped expectations, and provided a strong guide for current-quarter revenue.

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EA tops fourth-quarter bookings as CEO touts ‘Battlefield’ reveal

Posted on May 6, 2025 by Techme101

Electronic Arts beat fiscal fourth-quarter bookings estimates.

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Substack launches audio-only livestream feature

Posted on May 6, 2025 by Techme101

If you’re a Substack publisher who prefers not to turn on your camera while livestreaming, you’re in luck.  Substack announced on Tuesday that it’s launching an audio-only livestream feature for publishers who want a lower-pressure way to connect with their followers. This is also ideal for those who wish to remain anonymous.  To use the […]

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IBM CEO urges the Trump Administration to increase — not cut — federal AI R&D funding

Posted on May 6, 2025 by Techme101

Like many leaders in tech, Arvind Krishna, the CEO of IBM, thinks federal R&D funding for AI and related technologies should be increased — not the other way around. “We have been an extremely strong advocate — and this is both the company and me personally — on that federally funded R&D should be increased,” […]

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