Technology

### Federal Judge Rejects $30 Billion Swipe Fees Settlement Between Mastercard, Visa, and Retailers A federal judge has formally rejected a preliminary $30 billion swipe fees settlement involving Mastercard, Visa, and U.S. merchants. The proposed settlement, reached in March, aimed to reduce interchange fees that retailers pay when customers use their cards. ### Details of the Ruling Judge Margo Brodie …

Retail software provider CDK Global announced that it will likely take several days to fully restore its software systems following a significant outage that has impacted nearly 15,000 car dealerships across North America since Wednesday. On Saturday, the company reported progress in bringing its systems back online. “We anticipate that the process will take several days to complete,” a CDK …

Bird flu, a highly contagious strain of avian influenza, has shown alarming zoonotic potential in recent weeks, spreading rapidly across the United States and infecting four humans to date. Originally confined to farmed poultry and wild birds, the virus has now been detected in cats in 31 states, with some cases also reported in dogs. This raises significant concerns for …

A family in the United States is seeking over $80,000 in damages from NASA after a piece of space debris crashed through the roof of their home in Florida, AFP reported on Friday, June 21. The incident occurred on March 8 when a 700-gram piece of debris struck Alejandro Otero’s house in Naples, Florida, creating a hole in the roof. …

TikTok escalated its confrontation with the Biden administration on Thursday regarding a law that could potentially ban the app in the United States. In a court filing, TikTok argued that U.S. users might be isolated from global content if the app is forced to change ownership. The filing also revealed, for the first time, a draft agreement between TikTok and …

Truth Social’s owner, Trump Media & Technology Group, has experienced a significant decline in market value. Since May 30, when former President Donald Trump was convicted on 34 felony counts in a hush money trial, the conservative social media company has seen its market value drop by about half. Trump Media’s share price (DJT) fell another 5% on Friday, resulting …

Toyota is recalling 145,000 Lexus TX and Toyota Grand Highlander SUVs due to a potential issue that could prevent the driver’s side curtain airbag from deploying properly in certain situations. According to a statement released by Toyota on Thursday, the curtain airbag on the driver’s side might not deploy correctly during specific crashes if the driver’s side window is rolled …

Big changes are coming for New York’s youngest social media users after Governor Kathy Hochul signed two new bills on Thursday targeting social media algorithms and the handling of children’s data by digital platforms. These landmark laws make New York the first state to regulate social media algorithms amid nationwide concerns that apps like Instagram and TikTok use addictive features …