CFPB fines Block $175m over Cash App's lax fraud controls

The Consumer Financial Protection Bureau (CFPB) announced today that's it's fining Block, the creator of Cash App and parent company of Square, $120 million in "refunds and redress" [...]

CFPB drops Zelle lawsuit in latest reversal under Trump administration

The Consumer Financial Protection Bureau has dropped its lawsuit over peer-to-peer payment system Zelle, the latest in a series of dismissals from this department under President Donald Trump's a [...]

The Consumer Financial Protection Bureau has cut 90 percent of its employees

The Consumer Financial Protection Bureau has been reduced to a skeleton crew. The department, which was created to oversee banks and financial institutions, has cut about 1,500 jobs, leaving about 200 [...]

Databricks research reveals that building better AI judges isn't just a technical concern, it's a people problem

The intelligence of AI models isn't what's blocking enterprise deployments. It's the inability to define and measure quality in the first place.That's where AI judges are now playi [...]

Inflection AI returns to consumer market with Pi Journeys after Microsoft upheaval

Inflection AI, the Palo Alto startup that two years ago became Silicon Valley's most famous cautionary tale about the brutal economics of frontier AI, announced Tuesday that it is returning to th [...]

China's DeepSeek AI hit by information request from Italy's data protection watchdog

China's DeepSeek AI has already caught the eye of a data protection watchdog, shortly after it went viral and became the top-rated free app on Apple's App Store in the US and other regions. [...]

UK watchdog finds Apple's mobile browser policies are restricting innovation

The UK's Competition and Markets Authority (CMA) has determined that the country's mobile browser markets are "not working well for consumers and businesses" and "holding back [...]

Monitoring LLM behavior: Drift, retries, and refusal patterns

The stochastic challengeTraditional software is predictable: Input A plus function B always equals output C. This determinism allows engineers to develop robust tests. On the other hand, generative AI [...]

DOGE is gutting the watchdog created to protect consumers from financial fraud

The Trump administration is all but eliminating the Consumer Financial Protection Bureau (CFPB), firing nearly 90% of its employees, according to several reports.Read more... [...]