Mozambique’s Chapo sworn in as president after disputed election

Daniel Chapo of Mozambique’s long-ruling Frelimo party was sworn in as president on Wednesday at a sparsely attended ceremony after months of protests against his disputed election victory. A local civil society monitoring group says more than 300 people have been killed in clashes with security forces since the Oct. 9 vote, which the opposition … Read more

Capital One sued by CFPB for allegedly cheating customers out of $2 billion

Trendmacro CIO Don Luskin weighs in on DOGE’s calls to cut back on bank regulators, the economic impact of mass deportations and housing affordability. The Consumer Financial Protection Bureau (CFPB) is suing Capital One, alleging the bank illegally misled customers by not notifying them of account options that paid higher interest rates. The federal government’s … Read more

Hindenburg Research, a short seller that targeted tech and EV companies, is closing up shop

When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research, after a seven-year run issuing damning reports about high-profile companies, including many of the technology world’s giants and buzzy … Read more

Kylie Jenner Reportedly Believes Timothée Chalamet Is ‘The One’

Jenner and Chalamet sparked rumors of a relationship in April 2023 and have since waxed stronger. The cosmetics mogul has a documented history of failed relationships but seems to have found “the one” in Chalamet. Article continues below advertisement Kylie Jenner Thinks Timothée Chalamet Is ‘The One’ MEGA Jenner is so in love with Chalamet … Read more

Hindenburg Research founder says he’s closing short-seller research shop

Nate Anderson on January 6, 2023 in New York. Anderson exposes corporate fraud and ponzi schemes through his company Hindenburg Research. The Washington Post | The Washington Post | Getty Images Hindenburg Research, an upstart research and investment firm that made a name for itself with several successful short bets, is closing, founder Nate Anderson … Read more

TikTok prepares to shut down app in US on Sunday, sources say By Reuters

By David Shepardson and Krystal Hu WASHINGTON/NEW YORK (Reuters) -TikTok plans to shut U.S. operations of its social media app used by 170 million Americans on Sunday, when a federal ban is set to take effect, barring a last-minute reprieve, people familiar with the matter said on Wednesday. The Washington Post reported President-elect Donald Trump, … Read more

Forget Nvidia: Ndea wants to build AI that keeps improving on its own with ‘no bottlenecks in sight’

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More François Chollet, a former Google engineer and the creator of the widely used Python deep learning framework Keras, has co-founded Ndea, a new AI research and science lab, alongside Mike Knoop, co-founder of Zapier. In a … Read more