Block to pay $45 million to settle Cash App fraud claims
Block has agreed to pay $45 million to settle claims from 46 U.S. states alleging Cash App failed to protect users from fraud.
Monday, August 3, 2026
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Block has agreed to pay $45 million to settle claims from 46 U.S. states alleging Cash App failed to protect users from fraud.
Truecaller's CEO publicly challenged India's telecom regulator, saying rules that block spam labels on two dedicated number series have eroded trust in legitimate business calls.
A U.S. judge approved Elon Musk's $1.5 million settlement with the SEC over his delayed Twitter disclosure, despite expressing significant misgivings about the agreement.
The US National Highway Traffic Safety Administration ordered autonomous vehicle developers to stop interfering with first responders, demanding solutions by the end of the month.
Canada’s Communications Security Establishment disclosed three foreign active cyber operations last year, targeting drug traffickers, violent extremists, and ransomware gangs to disrupt their infrastructure.
Midjourney is challenging a court ruling to force Hollywood studios to disclose their internal AI usage, arguing it is relevant to its copyright infringement defense.
Security researchers confirmed that former European politician Stelios Kouloglou was hacked with Pegasus spyware while serving on a committee investigating the tool's abuse.
Travel app Hopper has agreed to a $35 million settlement with the FTC over allegations of using hidden fees and misleading interface designs.
Boeing-owned Wisk Aero faces a lawsuit from a former manager alleging wrongful termination and that the company reduced safety testing to meet a 2025 deadline.
OpenAI CEO Sam Altman has reportedly proposed donating 5% of the company’s equity to a U.S. sovereign wealth fund to address political blowback and secure administration relations.
The Department of Homeland Security is investigating a breach of its Homeland Security Information Network (HSIN) platform, which potentially exposed sensitive information shared by government agencies.
The U.S. Supreme Court ruled 6-3 that law enforcement must obtain search warrants for geofence location data, a decision likely to have broad ramifications for privacy rights.
A California law banning streaming ads louder than the video content they accompany is set to take effect Wednesday, July 1.
Tesla’s FSD (Supervised) system faces growing regulatory scrutiny following fatal crashes, while competitors like Waymo continue to scale their U.S. operations.
NPCI chief Dilip Asbe says AI could drive the next half-billion UPI users, while the regulator prepares to enforce a 30% market share cap by late 2026.
Corgi, a Y Combinator-backed startup, denies allegations from Papermark that it stole software, though the company admitted to using "vibe coding" for certain visual elements.
Tesla has settled a lawsuit regarding a fatal 2023 crash involving its Full Self-Driving system, though the company remains under multiple federal investigations regarding software performance.
The U.S. government is reportedly set to restrict OpenAI’s GPT 5.6 to a limited, approval-based preview, mirroring recent regulatory actions taken against Anthropic.
Polestar is effectively barred from selling new vehicles in the U.S. due to the "Connected Vehicle Rule," though it will continue supporting existing stock.
The US Department of Transportation has proposed removing brake-pedal requirements for autonomous vehicles, a move that could theoretically accelerate deployment for companies like Tesla and Zoox.