Digital Economy

Meta, X, TikTok CEOs ripped by US senators over child online safety

'These companies must be reined in, or the worst is yet to come'

US stocks

The next US$1 trillion US tech stock is far away from joining exclusive club

The market has little tolerance for disappointment right now.

Tong's Portfolio

A layman's guide to investing in tech companies

SINGAPORE (Oct 14): Investors on Wall Street are clearly losing appetite for overhyped loss-making technology companies with uncertain business models and unclear paths to profitability. The disaster surrounding WeWork’s planned and now-aborted IPO is t

Tong's Portfolio

Declining attraction of unicorn IPOs

SINGAPORE (Sept 30): This year was supposed to be the year for tech unicorns. Instead, many are getting unexpectedly strong pushback in the public market — best epitomised by the rapid unravelling of the hype and euphoria surrounding WeWork in the run-u

Startups, Entrepreneurs, Digital economy

Cash party almost over for unicorns such as Uber

SINGAPORE (Apr 22): Uber Technologies’ coming IPO is a moment to reflect on the oodles of investment cash that have resulted in a herd of “unicorns”, the awful but convenient shorthand for tech companies that reach valuations of at least US$1 billio

In print this week

Is SGX pressured to liberalise by allowing DCS companies to list?

SINGAPORE (Apr 13): Spotify is only the latest in a growing list of internet-related companies that have come to market offering investors the promise of fast growth and eventual profitability, but limited voting rights.

1MDB Watch

Miranda Kerr surrenders US$8.1 mil of jewellery gift from Jho Low to US Justice Department

(June 27): Australian supermodel Miranda Kerr has surrendered US$8.1 million ($11.2 million) worth of jewellery to the US Justice Department, reported Dow Jones.