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17.10.26 - 10:00
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Reporter′s notebook: Kimi′s AI credit card turns spending into computing quotas – with limits (SCMP)
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China's artificial intelligence companies have spent years persuading consumers to pay for their technology. Now, Moonshot AI, the start-up behind Kimi, is taking a different approach: offering AI computing benefits through a credit card.
The company has teamed up with the Agricultural Bank of China (ABC) and American Express for what it calls “the world's first AI native credit card”. After getting one for myself, the experience offered an intriguing way to bring AI services into everyday......
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16.10.26 - 01:06
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Guilfoyle Hit With Defamation Suit By Donor Behind $100,000 Amex Allegations (ZeroHedge)
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Guilfoyle Hit With Defamation Suit By Donor Behind $100,000 Amex Allegations
Trump donor Eric Deters has sued Kimberly Guilfoyle and her lawyers for defamation, escalating the dispute over an alleged $100,000 American Express payment request that preceded her departure as U.S. ambassador to Greece. Deters announced in a Thursday Facebook post that he filed in Kentucky state court. The defendants include attorneys Jesse Binnall and David M. Schwartz, CBS News reported.
Deters had previewed the lawsuit in a CNN interview Monday, accusing Guilfoyle's camp of falsely dismissing his text messages as fabricated, branding him a blackmailer and claiming he owed her money.
The filing comes two days after Guilfoyle resigned at the White House's request amid multiple reports of alleged misconduct. She has denied wrongdoing and pledged to defend her reputation. Her attorneys maintain that the financial dispute concerns unpaid compensation, not the sale of political access.
The $100,000 Request
The con...
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11.10.26 - 02:09
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American Express Hit With $350 Million Fine For Anti-Money Laundering Lapses (ZeroHedge)
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American Express Hit With $350 Million Fine For Anti-Money Laundering Lapses
Authored by Bill Pan via The Epoch Times,
American Express has been ordered to pay a $350 million penalty over what federal regulators described as "critical deficiencies" in its anti-money laundering controls.
The American Express credit card is accepted at the front of a business in Chicago, Il., on February 11, 2025 Scott Olson/Getty ImagesThe regulators said it missed about $13 billion in suspected activity over more than a decade.
The Office of the Comptroller of the Currency announced the civil penalty and a cease-and-desist order on Thursday against American Express National Bank, the Utah-based banking subsidiary of the credit-card company.
The Federal Reserve separately issued a concurrent enforcement action against parent company American Express and its subsidiaries, citing significant deficiencies in the company's enterprise-wide anti-money-laundering compliance program.
According to the OCC, American Exp...
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09.10.26 - 18:57
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Guilfoyle Donor Scandal Explodes As Vance Balks, Rubio Dodges And The Donor Calls It Quid Pro Quo (ZeroHedge)
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Guilfoyle Donor Scandal Explodes As Vance Balks, Rubio Dodges And The Donor Calls It Quid Pro Quo
The left finally has something new to sink its teeth into, as the Kimberly Guilfoyle donor scandal widens - with JD Vance keeping his distance, a donor on a media tour, and a records demand sitting on the ambassador's desk.
The allegation, reported by the WSJ late Wednesday - is that six days before her July 9, 2025, Senate confirmation hearing, Guilfoyle texted Trump donor Eric Deters on Signal and asked him to wire $100,000 to her American Express account in a way that would not leave a paper trail, while he was seeking her help getting the new administration's attention on personal tax and legal problems. She promised, he says, to be his "Trump ride or die, forever and ever." He did not pay. Her lawyer, Jesse Binnall, disputes that the messages are authentic and says any earlier money was for speaking fees. Deters says he owed her nothing.
Since Wednesday, the people who could shu...
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