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1 Article
Source: Common Domain

Apple ‘Deeply Apologetic’ Over Account Hacks in China

Today 16:22 GMT

Apple Inc. AAPL 2.20% apologized over the hacking of some Chinese accounts in phishing scams, almost a week after it emerged that stolen Apple IDs had been used to swipe customer funds.

China is a key market for Apple and the fraud is the latest challenge it is facing in an area where its share of the smartphone market has been treading water. As the U.S.-China trade battle escalates, Apple is particularly exposed—most of its products are assembled in China.

1 Article
Source: Fox News

Jack Dorsey says we should 'always question' Twitter, does not want freedom of expression 'weaponized'

Today 06:06 GMT

Twitter CEO Jack Dorsey is open to making major changes to the platform he co-founded 12 years ago in an effort to make what has become the world's public square a safer place for healthy conversations.

"We believe that we can only serve the public conversation, we can only stand for freedom of expression if people feel safe to express themselves in the first place," Dorsey said during Wired magazine's 25th-anniversary event in San Francisco. "What is the effect [of the tools Twitter is building] on making it easier to weaponize freedom of expression against someone so that they don't feel safe to express themselves or ultimately they're silenced--which would go against the goal of serving the public conversation."

1 Article
Source: Common Domain

5 questions worried Americans will ask after the Dow’s wild ride

Monday 03:20 GMT

The Dow Jones Industrial Average DJIA, +1.15% S&P 500 index SPX, +1.42% and Nasdaq Composite Index COMP, +2.29%  have all been experiencing volatility in recent days, weighed by rising bond yields and a trade war with China.

On social media, people with retirement accounts are wondering if, having been reminded that the market does not always move upward, they should move their money into a more conservative posture.

1 Article
Source: Common Domain

Why stock-market volatility is better than any risk tolerance questionnaire

Tuesday 09:00 GMT

There are two elements to risk tolerance: how much you’re willing to risk, and how much risk you can actually handle financially.

For Odjick and many other investors, this week’s market volatility has provided a powerful lesson on the true meaning of risk tolerance. It’s a concept that younger or less-experienced investors have only felt in the abstract as they built their portfolios during a bull market.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte