February, 2025

February, 2025

CFPB Lays Off Dozens of Employees as Headquarters Remains Closed
The Consumer Financial Protection Bureau reportedly sent termination notes to dozens of employees late Tuesday (Feb. 11). Most of the affected staff were on probationary status — meaning they were i...

Court Battle Could Reshape Consumer Financial Data Landscape
The fight over the CFPB’s status and, in particular, the future of Open Banking Rule 1033 is on. A Washington, D.C.-based trade group, the Financial Technology Association (FTA), is seeking to int...

Adobe Debuts ‘Production Quality’ Video AI Offerings
Adobe has rolled out its new artificial intelligence (AI) video offering as it takes on the likes of OpenAI. The company announced Wednesday (Feb. 12) that it would let subscribers pay either $9.99...

Apple TV+ App to Be Offered for Android Devices
Apple is reportedly making its Apple TV+ app available for Android devices beginning Wednesday (Feb. 12). The app will work on Android phones and tablets running Android 10 or newer and will support s...

Fintech Firm Lynx Finalizes $27M Series A, Aims to Streamline Healthcare Payments
Lynx, a fintech platform simplifying healthcare payments and administration, announced the close of a $27 million Series A round, bringing its total funding to more than $44 million since its launch i...

Alabama Resident Pleads Guilty to Posting False Social Media Message, Leading to Surge in BTC Price
Eric Council Jr. from Athens, Alabama, has confessed to his role in a scheme involving the unauthorized takeover of the U.S. Securities and Exchange Commission (SEC)‘s X account, which was then alle...

Former FDIC Board Member Jonathan McKernan Selected to Become CFPB Director
The leadership chairs at the Consumer Financial Protection Bureau (CFPB) are moving once again. First, it was reported that Secretary of the Treasury Scott Bessent was acting Director. Then Russe...

Trump’s January 6th Twitter lawsuit settled for ‘about $10 million’
Elon Musk’s X has agreed to pay President Donald Trump “about $10 million” to settle his lawsuit against Twitt...

PS5 State of Play February 2025: the best trailers and biggest reveals
Sony started out 2025 by sharing exactly what it has in store for the PlayStation 5 this year — or at least some of it. The company’s 40-minute-long State of Play event was missing big, expec...

Returnal studio Housemarque is back with a haunting new shooter
Housemarque, the PlayStation-owned studio that made the excellent sci-fi roguelike Returnal, has just announced its next game: Saros. The game will launch on PS5 in 2026. Here’s a brief descrip...

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