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AI video platform Synthesia doubles valuation to $2.1 billion newsthirst.

Synthesia is a platform that lets users create AI-generated clips with human avatars that can speak in multiple languages. Synthesia LONDON — Synthesia, a video platform that uses artificial intelligence to generate clips featuring multilingual human avatars, has raised $180 million in an investment round valuing the startup at $2.1 billion. That’s more than than double…

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Chinese apps have surged in popularity in the U.S. A TikTok ban bodes ill for them newsthirst.

Lemon8, a photo-sharing app by Bytedance, and RedNote, a Shanghai-based content-sharing platform, have seen a surge in popularity in the U.S. as “TikTok refugees” migrate to alternative platforms ahead of a potential ban.  Now a law that could see TikTok shut down in the U.S. threatens to ensnare these Chinese social media apps, and others…

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

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…

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