NALA has partnered with UK-based payments infrastructure provider Noah to launch a cross-border settlement network that allows merchants in Africa and Asia to receive US dollar payments and convert instantly into local currencies using stablecoins. The new network is integrated into NALA’s B2B payments platform, Rafiki, which launched in March 2024. It targets global companies…
Amazon will pay $2.5 billion to settle Federal Trade Commission allegations that the company duped users into paying for Prime memberships, the regulatory agency announced Thursday. The surprise settlement comes as Amazon and the FTC were just three days into the trial in a Seattle federal court. Opening arguments in the case occurred Tuesday, but…
Anthropic, the company behind the Claude chatbot, has agreed to a record-breaking $1.5 billion settlement to resolve a class-action piracy lawsuit brought by more than 500,000 authors. The payout is the largest ever for a copyright case in the United States and sets a major precedent for the AI industry. Read: Study finds signs of…
The far-right minister said he will approve 3,000 new homes in the controversial E1 area project, hailing it as ‘Zionism at its best’. Israel’s far-right Finance Minister Bezalel Smotrich has announced he will approve thousands of housing units in a highly controversial and long-delayed illegal settlement project in the occupied West Bank, saying the move…
