Global Developments in Digital Payments and Social Media APIs

The regulators have come for adobe and their alleged subscription shenanigans. Apple might settle with the EU. But it’s also shutting down its BNPL service. The Threads API is here. Tether is making bank. Uber might be having a breakthrough moment. And back to using Reddit for search.

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Links:

• US sues Adobe for ‘deceiving’ subscriptions that are too hard to cancel (The Verge)
• Apple to settle ‘tap-and-go’ payments probe with EU (FT)
• Apple discontinuing Apple Pay Later, ahead of new features launching this fall (9to5Mac)
• Threads finally launches its API for developers (TechCrunch)
• Tether Announces a New Synthetic Dollar That Is Backed by Gold (Bloomberg)
• A Robotaxi Business Is A Dream For Elon Musk–But Already A Reality For Waymo (Forbes)
• Can You Replace Google Search With Reddit? I Tried It for a Week (WSJ)

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