CNBC reports that in a recent post on X, Michael Burry, the investor made famous by The Big Short, alleged that “hyperscalers” — the major cloud and AI infrastructure providers — are understating their depreciation expenses by estimating that chips will have a longer lifespan than is realistic. Burry argues that this practice artificially inflates…
The White House emphasized the economic damage Democrats have done to the nation with their 43-day shutdown, as the October Consumer Price Index (CPI) and jobs figures are likely never to materialize. White House press secretary Karoline Leavitt noted Democrats have caused major setbacks regarding the federal government’s ability to produce key economic reports. “The…
The Los Angeles-based Hyman, who is also a lesbian, was recently banned from her gym after she denounced a man entering the women’s locker room. “Stay out of the women’s locker room. We don’t want it!” Hyman told the man in footage that went viral. Hyman also shared a video of the incident on her…
CNBC reports that Google has taken legal action against a cybercriminal organization, dubbed the “Smishing Triad” by some cyber researchers, for orchestrating a large-scale text phishing scam. The group, primarily based in China, utilizes a phishing-as-a-service kit called “Lighthouse” to create and deploy fraudulent text messages designed to steal sensitive financial information from unsuspecting victims….
