Opera accused of offering predatory loans through Android apps

Opera has frequently tried to claim the moral high ground in the web browser world, but it's being accused of using its side projects for far less virtuous behavior. Hindenburg Research has published a report alleging that Opera is running four Andr...

Tech companies won’t become banks, but they’ll pretend to

Silicon Valley has already eaten plenty of industries, from camera and newspaper businesses to watches and even flashlights. Now, Big Tech appears to be turning its attention to banking. But don't expect Facebook or Google to launch their own banks....

Facebook releases Zuckerberg’s upcoming testimony in defense of Libra

Tomorrow, Facebook CEO Mark Zuckerberg will appear before the Financial Services Committee, where he's expected to be grilled about Facebook's planned cryptocurrency Libra and digital wallet Calibra. Ahead of tomorrow's inquisition, Facebook has shar...

Alleged JPMorgan hacker set to plead guilty

Andrei Tyurin, one of the key suspects in the huge JPMorgan Chase hack in 2014, is set to plead guilty, according to a court filing obtained by Bloomberg. The Russian reportedly struck a deal with federal prosecutors and will appear at a plea hearing...

Central banks to question Facebook over Libra cryptocurrency

Facebook is about to undergo further scrutiny of its Libra cryptocurrency, and it may have to answer some difficult questions. Officials speaking to the Financial Times said that Libra representatives are meeting with officials from 26 central banks...

Apple’s credit card could arrive in the first half of August

In March, Apple made a fuss over its plans to introduce a credit card. But we haven't heard much about Apple Card since. Now, Bloomberg reports that the card will reportedly launch in the first half of August. The update suggests that the card is on...