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Google's Real Estate Listings 'Experiment' Sends Zillow Shares Down More Than 8%

Slashdot.org - Tue, 12/16/2025 - 09:00
Google's data partner HouseCanary has begun displaying home listings directly in search results in select markets, sending Zillow's shares tumbling more than 8% yesterday as investors weighed whether the search giant might eventually cut into the portal business that Zillow dominates. The experiment places property details, prices, images and a "Request a tour" button at the top of mobile search results. HouseCanary, a full-service brokerage licensed in all 50 states and Washington D.C., said it contacted every MLS in the test regions before launching. Analysts are largely downplaying immediate concerns. Goldman Sachs noted that most of Zillow's traffic comes directly through its apps and websites rather than Google searches, though the firm views the development as a long-term risk. Piper Sandler called the fears "overblown," and Wells Fargo suggested portals like Zillow would likely end up bidding for ad units on Google rather than losing traffic outright.

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SoundCloud Confirms Breach After Member Data Stolen, VPN Access Disrupted

Slashdot.org - Tue, 12/16/2025 - 08:00
An anonymous reader quotes a report from BleepingComputer: Audio streaming platform SoundCloud has confirmed that outages and VPN connection issues over the past few days were caused by a security breach in which threat actors stole a database containing user information. The disclosure follows widespread reports over the past four days from users who were unable to access SoundCloud when connecting via VPN, with attempts resulting in the site displaying 403 "forbidden" errors. In a statement shared with BleepingComputer, SoundCloud said it recently detected unauthorized activity involving an ancillary service dashboard and activated its incident response procedures. SoundCloud acknowledged that a threat actor accessed some of its data but said the exposure was limited in scope. [...] BleepingComputer has learned that the breach affects 20% of SoundCloud's users, which, based on publicly reported user figures, could impact roughly 28 million accounts. The company said it is confident that all unauthorized access to SoundCloud systems has been blocked and that there is no ongoing risk to the platform. "We understand that a purported threat actor group accessed certain limited data that we hold," SoundCloud told BleepingComputer. "We have completed an investigation into the data that was impacted, and no sensitive data (such as financial or password data) has been accessed. The data involved consisted only of email addresses and information already visible on public SoundCloud profiles."

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PayPal Applies To Become a Bank As US Loosens Regulatory Reins

Slashdot.org - Tue, 12/16/2025 - 05:00
PayPal has applied to become a US bank by forming a Utah-chartered industrial loan company, signaling a push to deepen its financial services "as companies rush to capitalize on a friendly regulatory environment under the Trump administration," reports Reuters. From the report: If approved, the move will help PayPal to strengthen its lending offerings to small businesses in the U.S. as well as reduce its reliance on third parties. "Securing capital remains a significant hurdle for small businesses striving to grow and scale," said PayPal CEO Alex Chriss. "Establishing PayPal Bank will strengthen our business and improve our efficiency, enabling us to better support small business growth and economic opportunities across the U.S." PayPal also plans to offer interest-bearing savings accounts to customers. The company has provided over $30 billion in loans and capital since 2013, it said. [...] PayPal has selected Mara McNeill to serve as PayPal Bank's president. She comes with over two decades of experience in banking and commercial lending, and has previously served as the CEO of Toyota Financial Savings Bank.

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