TECH NEWS

Cash App reaches $45 million settlement with 46 states over alleged failure to protect users from fraud

Serving tech enthusiasts for over 25 years.
TechSpot means tech analysis and advice you can trust.

The takeaway: Block, the parent company of mobile payment service Cash App, has reached a $45 million settlement with regulators and the attorneys general of 46 states and the District of Columbia to resolve allegations that it failed to adequately protect users from fraud. As part of the settlement, Block also agreed to provide live customer support to all users.

According to the indictment, Block exposed its users to fraud by misleading them about Cash App's security. The company promised advanced fraud detection mechanisms but allegedly allowed scammers to operate freely. Investigators further alleged that the app did not provide a phone number for customer support, leading many users to search online, where they found fake numbers created by scammers.

Investigators claimed that Block, founded by Twitter co-founder Jack Dorsey in 2009, was...

Copyright of this story solely belongs to techspot.com. To see the full text click HERE

https://hothardware.com/contentimages/NewsItem/71476/content/16x9_2133x1200_highres-samsung-portable-ssd-p9.jpg

Samsung P9 And P7 Portable SSDs Bring 4,000 MB/s USB4 Speeds To Creators And Gamers

At Gamescom 2026, Samsung unleashed its next-generation portable solid state drive (SSD) lineup, debuting the flagship P9 and the somewhat rugged P7, both with USB4 connectivity. Timing the announcement for Gamescom puts gamers with growing game libraries squarely in Samsung's sights, though it's also targeting creators

https://www.zdnet.com/a/img/resize/b076a88098810f22e9d474dd4bd6ff9557a0e4c8/2026/08/26/1c391b3e-3365-49d8-9d59-f40366fcc77f/gettyimages-1148408212.jpg?auto=webp&fit=crop&height=675&width=1200

4 AI development skills you need, according to Andrew Ng - and what experts say he's missing

Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways * Coursera founder Andrew Ng has listed key AI development skills. * Some industry experts suggest the list is too focused on building. * Engineers must also understand the business problem and risks. Is it time to think

https://platform.theverge.com/wp-content/uploads/sites/2/2025/09/236648_Ring_Battery_Doorbell_Plus_JTuohy_0012.webp?quality=90&strip=all&crop=0,10.732984293194,100,78.534031413613

Ring says its new encryption limits what it can give police

Ring has a new way to protect your videos. It’s developed an encryption method called TAKE, short for Throw Away the Key Encryption, that the Amazon-owned company says will protect your videos without traditional end-to-end encryption. TAKE limits when and why Amazon’s cloud can access those videos, while

https://cdn.mos.cms.futurecdn.net/kAV78FEzwxTr8Mjix8wrEQ-2560-80.jpg

New 'AnonyMous' phishing campaign targets iPhone users with fake AI Apple support calls

* SOCRadar uncovers AnonyMousKIT, a phishing kit abusing Apple’s Lost Mode contact info * Crooks spoof Find My pages, trick victims into giving credentials to unlock stolen iPhones * Active since 2024, it operates like a criminal software business with 500+ domains and AI‑driven vishing Security researchers have discovered AnonyMousKIT, a

Read more

Samsung P9 And P7 Portable SSDs Bring 4,000 MB/s USB4 Speeds To Creators And Gamers

4 AI development skills you need, according to Andrew Ng - and what experts say he's missing

Ring says its new encryption limits what it can give police

New 'AnonyMous' phishing campaign targets iPhone users with fake AI Apple support calls