The Consumer Financial Protection Bureau (CFPB) announced today that's it's fining Block, the creator of Cash App and parent company of Square, $120 million in "refunds and redress" and a $55 million fine for how the company handled fraud on its payment platform.<br /> Per the CFPB, Cash App's Terms of Service at one point claimed that any bank linked to an account f [...]
Kids and younger teens might soon be unable to play Genshin Impact's gachas. The developer behind the game has agreed to block players under 16 years old from making in-game purchases without parental consent in order to settle a complaint from the Federal Trade Commission. It has also agreed to pay a $20 million penalty. Samuel Levine, the director of FTC's Bureau of Consumer Protectio [...]