Payments platform facing new scrutiny amid deal talks and AI-policy signals
Pope Leo XIV has issued a 42,000‑word encyclical, Magnifica Humanitas, calling for AI to be "disarmed," urging legal frameworks, independent oversight and protections for workers and children, and declaring that lethal decisions must not be entrusted to algorithms. The Vatican has involved Anthropic co‑founder Chris Olah in the launch, prompting debate about church‑industry ties.
Stripe and Advent are pressing forward with a potential bid to jointly acquire PayPal, valuing the payments giant around $53-60 billion and backed by roughly $50 billion in bank financing. PayPal has not yet responded as discussions continue, with experts noting the deal would create a dominant dual-powered payments group.
Chick-fil-A has notified customers of a data breach after an automated attack compromised account credentials between June 17–19, 2026. The breach exposed names, addresses, phone numbers, birth dates, and Chick-fil-A One details, with some stored payment data potentially viewed. The company has forced logouts, reset passwords, restored balances, and urged customers to use unique passwords.