The Consumer Financial Protection Bureau (CFPB) is suing SoLo Funds, a fintech company, for allegedly using 'digital dark patterns' to deceive borrowers and illegally taking fees. The CFPB claims SoLo Funds hid interest and fees on online loans, violating consumer protection laws.

Source: https://techcrunch.com/

Google has launched a new feature to promote Android apps outside of its Play Store, aiming to re-engage users with installed apps and new ones. The feature has already partnered with 35 developers, including Spotify, Pinterest, and Shopify, to showcase their content in a unique way.

Source: https://techcrunch.com/

OpenAI has partnered with Reddit to use the platform's content to train its AI, while Reddit will gain access to unspecified AI tools. The deal sent Reddit's stock soaring 11% in extended trading.

Source: https://techcrunch.com/

California-based Rollup, a three-year-old startup, emerges from stealth mode, aiming to simplify hardware engineers' workflows with digital tools, having raised $5.6 million in funding, and focusing on making hard tech development faster and more efficient.

Source: https://techcrunch.com/

Slack uses customer data, including messages and files, to train its AI and machine learning models. Customers must opt-out by emailing Slack to prevent their data from being used. This practice raises privacy concerns, sparking controversy around the company's data handling policies.

Source: https://techcrunch.com/

The Disrupt 2024 Audience Choice Program allows voters to choose their favorite thought leaders, with the vote closing on May 24. The program aims to listen to the audience and propel their favorite speakers to new heights.

Source: https://techcrunch.com/

Source: https://techcrunch.com/

OpenAI's latest flagship model, GPT-4o, has generated a significant spike in mobile app revenue, despite being freely available on the web. The model, launched last Monday, offers real-time responsiveness and emotive voice options, driving consumer demand and revenue growth.

Source: https://techcrunch.com/

Bumble, a dating app maker, has acquired Geneva, an online platform for forming real-world groups and clubs. The acquisition aims to expand Bumble's focus from one-to-one connections to groups and communities, with CEO Lidiane Jones noting the deal is part of the company's growth strategy.

Source: https://techcrunch.com/

CyberArk, a cybersecurity company founded in Israel, acquires Venafi, a specialist in machine identity, for $1.54 billion in a cash and share deal. The acquisition aims to help enterprises secure their expanding attack surface as they move to the cloud.

Source: https://techcrunch.com/