Australia's government announced regulations for buy now, pay later services, which will be labeled as consumer credit products, which puts them under the country's Securities and Investments Commission's watch.
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Afternoon Alexa Flash Briefings of May 30th
Afternoon Alexa Flash Briefings
Microsoft President Calls for More Regulation of Artificial Intelligence
Microsoft President Brad Smith said on CBS 'Face the Nation' that the benefit of artificial intelligence will be "ubiquitous" but called for more regulations to make sure the technology is developed responsibly.
Super.com Raises $85 Million to Grow Super Savings App
One company shaking up the startup space is Super.com, which aims to help everyday Americans save money and access credit. Hussein Fazal, CEO and co-founder, joins Cheddar News to break down how the product works.
Elizabeth Holmes Begins 11-Year Sentence for Blood-Testing Hoax
Disgraced Theranos CEO Elizabeth Holmes is in custody at a Texas prison where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley, according to the Federal Bureau of Prisons.
Stock Market Today: Wall Street Rises as DC Moves to Avoid Default
Wall Street is ticking higher Tuesday in its first trading after Washington struck a tentative deal to avoid a potentially disastrous default on its debt.
Morning Alexa Flash Briefings of May 30th
Morning Alexa Flash Briefings
Debt Ceiling Deal Goes for Vote This Week as Biden Calls Lawmakers for Support
Some House Democrats will have to vote for McCarthy's bill if enough conservative Republicans keep their word to oppose any compromise.
Blue Bird Opens Electric School Bus Factory
Blue Bird, a maker of school buses, opened up a production facility to meet the rising demand for electric school buses.
Eating Disorder Helpline to Replace Staff With A.I.
The National Eating Disorders Association said it's replacing its staff with an artificial intelligence chatbot.
