Techmeme Ride Home Mon. 04/21 – Trump Helps Zuck Get A Reprieve In Europe
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Apr 21, 2025 Meta and Apple dodge regulatory trouble in Europe thanks to Trump's tariffs. Cryptocurrency continues its quest for legitimacy, while traditional banks wrestle with the rise of stablecoins. Recent phishing attacks target Google users, highlighting ongoing cybersecurity threats. Coinbase faces backlash over a controversial meme coin, and OpenAI's latest AI models stir debate with their unpredictable behavior. This episode dives into the intricate dance between tech innovation and regulation.
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Trump Tariffs Delay EU Tech Fines
- Trump's tariff policies have delayed EU regulatory actions against Meta and Apple, offering them a temporary regulatory reprieve.
- This delay underscores the geopolitical interplay impacting tech regulation enforcement between the US and EU.
Crypto Firms Seek Bank Charters
- Crypto firms are pursuing bank charters to integrate into mainstream finance under the Trump administration's push.
- Bank charters bring extensive regulatory oversight but enable broader financial activities like lending and deposits.
Clever Google Phishing Attack Revealed
- Hackers exploited Google's infrastructure to conduct a sophisticated DKIM replay phishing attack that bypasses usual email authentication.
- This tactic makes phishing emails appear legitimate, increasing risk especially for less tech-savvy users.