Alibaba sinks to lowest in 6 years and Nio plummets as US-listed Chinese shares sell off on growth worries after President Xi locks in 3rd term

Chinese President Xi Jinping speaks October 23 in Beijing. Lintao Zhang/Getty Images Alibaba shares fell to a six-year low Monday as part of a selloff in US-listed Chinese stocks.  Stocks tanked after President Xi Jinping secured his third term and packed his core team with loyalists.  Investors are “running for the exits” after Xi’s predecessor…

Apple CEO Tim Cook initially told U2 there was ‘something not right’ about giving their album away for free on iTunes, according to Bono

Apple CEO Tim Cook. Stephen Lam/Reuters Apple CEO Tim Cook told U2 there was “something not right” about giving their art away for free. Cook also questioned whether the album would only go out to U2 fans, Bono said in a new memoir. U2’s “Songs of Innocence” album was given away for free to 500…

A decades-long bear market could hit the US stock market as the Fed gets serious about reducing its $9 trillion balance sheet, hedge fund manager Boaz Weinstein says

Traders look on after trading was halted on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 18, 2020 Lucas Jackson/Reuters The US stock market could fall into a decades-long bear market similar to Japan in 1989, according to hedge fund manager Boaz Weinstein.Weinstein told the Financial Times the Fed’s…

Remote working has made password managers more important than ever this Cybersecurity Awareness Month!

With more people working remotely than ever before, it’s important to be aware of the potential cybersecurity threats out there. October is Cybersecurity Awareness Month, and the long-reiterated theme – Own IT, Secure IT, and Protect IT – couldn’t be more relevant. It’s up to each of us to take responsibility for our online safety….