Month: September 2021

“People react to fear, not love,” Richard Nixon once said about US voters. “They don’t teach that in Sunday school but it’s true.”

In the 20 years since the 9/11 terrorist attacks, Nixon’s jaundiced view of democracy has been put to the test and found to be frequently true. But the story of how America was changed by the first attack on its homeland since Pearl Harbor is better grasped from the ground than via the four-yearly presidential cycle.

No matter how far they were from the smouldering wreck of the Twin Towers, Americans awoke on 9/12 to a world

Apple Inc updates

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Epic Games has taken its battle with Apple to South Korea, where the company has sought to have its hit game Fortnite restored to the App Store under a world-first law in the country that loosens app payment restrictions.

The US developer of Fortnite, the popular battle royale-style online game, asked Apple to allow it back on to iPhones in South Korea to comply with the law that will allow users in the country to bypass Google and Apple’s app

ARK Investment Management LLC updates

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Cathie Wood, the chief executive of Ark Invest and one of the world’s most closely watched investors, said her fund had significantly reduced its exposure to China, leaving only a portfolio of companies that were identifiably “currying favour” with Beijing.

Ark’s sharp strategy shift, she told an audience of institutional fund managers on Thursday, was because the environment in China was “quite different” from the one that many global asset managers had poured funds into late last

Coinbase updates

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The US Securities and Exchange Commission has warned that it will sue Coinbase if it launches a new digital asset lending product, and also issued subpoenas to the cryptocurrency trading platform to provide it with more information, according to executives.

Paul Grewal, Coinbase’s chief legal officer, said in a blog post that the company, which in April became the first major US cryptocurrency exchange to list publicly, had received a Wells notice from the regulator saying that it would pursue legal action if