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Fintech & Ecommerce

Expensify Adds Chat Feature for Accountants

Expensify payments super app now has a chat feature for accountants to better collaborate with clients, gather information and complete tasks related to financial reporting and tax filing

Blockchain & Crypto

NY Fed Partners With Singapore on Multicurrency Cross-Border CBDC

Project Cedar is a joint initiative between the New York Federal Reserve and MAS exploring the technical viability of multilateral CBDC blockchain platforms to improve cross-border payments

Finance & Economics

Disney Scraps $867 Million Florida Plan

The Walt Disney Company has abandoned its intention to invest $867 million in the construction of a new corporate campus in the state of Florida.

Society & Lifestyle

TikTok Creators Sue Montana Over App Ban

A group of TikTok users filed a lawsuit to get the Montana state administration to cancel the blocking of this digital platform.

Finance & Economics

PartsTech Raises $35 Million to Expand B2B Automotive Parts Marketplace

PartsTech announced the attraction of investment funds for $35 million.

Society & Lifestyle

Musk’s Lawyer Sends Letter to Microsoft on Twitter Data Misuse

The chief external lawyer of Elon Musk last Thursday, May 18, sent to the chief executive officer of Microsoft Corp. Satya Nadella a letter, which contains claims that this tech giant could gain access to Twitter data for unauthorized purposes.

News

ChatGPT Now Available In-App on iOS, Android Coming Soon

OpenAI has launched the official version of its AI-powered chatbot ChatGPT on Apple’s App Store. Although it’s currently available on a very limited scale, further global rollout could add more than a billion users to the bot app

Blockchain & Crypto

Voyager Bankruptcy Plan Approved: Details Unveiled

The affected customers could now expect to receive 35.72% of their claims, to begin with

Science & Technology

Montana Bans TikTok

Montana Governor Greg Gianforte has signed into law the most stringent restrictions on TikTok in the United States.

News

Fertility App Fines $200,000 for Leaking Customer’s Health Data

The company that created the popular infertility treatment app Premom has announced to pay $200,000 in federal and state fines.

Fintech & Ecommerce

Wendy’s and Pipedream to Pilot Underground Autonomous Robot System

Wendy’s plans to launch a mobile order delivery testing program through the use of an underground autonomous robotic system.

Fintech & Ecommerce

Obie Raises $26 Million for Insurance Solutions

Obie announced the attraction of investment funds for $26 million following the results of the Series B financing round.

Fintech & Ecommerce

eBay Acquires Certilogo to Boost Brand Authentication

eBay announced the acquisition of the authentication company Certifogo.

News

Sam Altman Urges Congress to Regulate Powerful New Technology

On Tuesday, May 16, Sam Altman, Chief Executive Officer of OpenAI, told US senators about the aspects of the development and application of artificial intelligence, the regulation of which he supports.

Society & Lifestyle

Google to Delete Accounts Inactive for Two Years

Google on Tuesday, May 16, announced its intention to delete accounts whose activity has not been recorded for two years.

News

Wells Fargo Reaches $1 Billion Settlement With Shareholders

Wells Fargo & Co has decided to pay $1 billion to settle the court agreement.