After about a decade of stasis, big things are afoot in the world of social media. Audio chat app Clubhouse, newsletter platform Substack, and video-sharing app TikTok, among others, are giving rise to an explosion of new conversations and building large followings for the early adopters. But even more importantly, the new platforms are partially unbundling Twitter, threatening to make ...

Biden’s $1.9 trillion Covid-19 relief bill has passed the Senate, clearing the way for it to become law. Much of the legislation is dedicated to handing out cash to individual Americans. This is a sign post for a tectonic shift that’s underway in US policy thinking towards unconditional money transfers as the optimal way to help people in need. When ...

Bloomberg Hong Kong’s top legal official warned residents to steer clear of criticisms of the government that stray too far from the facts, as officials defend Beijing’s plan to overhaul the city’s elections. Hong Kong Justice Secretary Teresa Cheng said in an interview on Tuesday that opinions were “no more than an utterance of no value” if the facts weren’t ...