Trump Administration Threatens Retaliation Over EU’s DMA and DSA Enforcement Against U.S. Tech

The Trump administration is pressuring the European Union to cut down on regulations that impact tech companies like Google, Apple, Amazon, and Meta. The Office of the United States Trade Representative today posted a message to the European Union on social media, threatening retaliation if the EU continues to target U.S. companies. The post says […]

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PayPal wants to become a bank

PayPal now wants to become a bank in the US. The company has submitted the required applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to establish PayPal Bank, which would be a Utah-based chartered industrial loan company. PayPal says this would strengthen its business and improve its efficiency, enabling […]

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