Short Seller Accuses Jack Dorsey’s Block of Facilitating Fraud

Hindenburg Research, the small investment firm whose critical investigative reports pummeled shares in an Indian industrial conglomerate and an electric-vehicle start-up, has found its newest target: Jack Dorsey’s financial technology company, Block. Hindenburg published a 17,600-word report on Thursday accusing Block of overstating its user base and failing to stamp out fraud and illegal activity … Read more

Who Is the TikTok CEO Shou Chew?

Shou Chew, TikTok’s chief executive, is appearing for the first time on Thursday before Congress, as the solo witness in a hearing about the dangers of the video app. TikTok is owned by the Chinese internet giant ByteDance, which has prompted concerns that the app could share sensitive data from American users with the Chinese … Read more