Actress Constance Wu returns to social media after three-year absence


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American actress Constance Wu has returned to social media after a three-year hiatus following bitter online backlash to comments she made on Twitter in 2019.

The Crazy Rich Asians star said on Instagram that she had dealt with a torrent of criticism over less-than-enthusiastic remarks she made about her sitcom, Fresh Off the Boat, being renewed for another season.

After online shaming from users who called the remarks disparaging and a message from another Asian-American actress who called Wu “a blight on the Asian-American community”, Wu said she attempted to take her own life.

“I started feeling like I didn't even deserve to live anymore, that I was a disgrace to AsAms and they'd be better off without me,” Wu said in a statement posted on Twitter, using an abbreviation for Asian American.

“Luckily, a friend found me and rushed me to the ER,” the actress wrote, without giving further details.

After surviving her suicide attempt, Wu put her career on hold and left social media to focus on her mental health.

But she decided to return to online platforms and share her story to launch a broader discussion about mental health in the Asian-American community.

“AsAms don't talk about mental health enough,” Wu wrote.

“While we're quick to celebrate representation wins, there's a lot of avoidance around the more uncomfortable issues within our community.”

Wu's 2019 tweets followed news that the hit ABC sitcom Fresh Off the Boat, which depicts a Taiwanese-American family trying to build a new life in Florida, had been renewed for a sixth season.

“So upset right now that I'm literally crying. Ugh,” Wu tweeted at the time, adding an expletive.

Many users lashed out at her for appearing ungrateful for the popular show's success. She later deleted the tweet.

Wu said in her post on Thursday that those tweets were “careless”. She also explained at the time that she was upset because the show's renewal would put her other projects on hold.

The actress had reportedly been looking to break more into film. In 2018, she starred in the hit film Crazy Rich Asians, which brought her international acclaim and became the highest-grossing comedy of the past decade.

“Even though I'm scared, I've decided that I owe it to the me-of-three-years-ago to be brave and share my story so that it might help someone with theirs,” the actress wrote.

AFP contributed to this report

As You Were

Liam Gallagher

(Warner Bros)

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

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Manchester City 2
Sterling (8'), Walker (52')

Newcastle United 1
Yedlin (30')

Abandon
Sangeeta Bandyopadhyay
Translated by Arunava Sinha
Tilted Axis Press 

Ready Player One
Dir: Steven Spielberg
Starring: Tye Sheridan, Olivia Cooke, Ben Mendelsohn, Mark Rylance

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
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Scores

Wales 74-24 Tonga
England 35-15 Japan
Italy 7-26 Australia

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PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

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The Limehouse Golem
Director: Juan Carlos Medina
Cast: Olivia Cooke, Bill Nighy, Douglas Booth
Three stars

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

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Like a Fading Shadow

Antonio Muñoz Molina

Translated from the Spanish by Camilo A. Ramirez

Tuskar Rock Press (pp. 310)

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Updated: June 20, 2023, 10:46 AM`