Michael Burry of ‘Big Short’ fame deregisters Scion Asset Management

Michael Burry of ‘Big Short’ fame deregisters Scion Asset Management

Andrew Toth | FilmMagic | Getty Images “Big Short” investor Michael Burry, known for his successful bets against the U.S. housing market in 2008, has deregistered his hedge fund, Scion Asset Management. The Securities and Exchange Commission’s database showed Scion’s registration status as “terminated” as of November 10. Deregistering would imply the fund is not…

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Social media giants urged to protect children, UK rejects under-16 ban

Social media giants urged to protect children, UK rejects under-16 ban

Photo: Jaromir Chalabala / Getty U.K. regulators are calling on social media giants to enforce stricter protection for children on their platforms after a blanket ban for under-16s was rejected by lawmakers. Online safety organizations Ofcom and the Information Commissioner’s Office said they had written to YouTube, TikTok, Facebook, Instagram, and Snapchat on Thursday, urging…

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