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Uber
Labour market
Singapore gig workers to get more benefits, won't be employees
The new rules will require legislative changes and will become effective in the latter half of 2024 at the earliest.
November 24, 2022
Tech
'No longer sure bets': tech giants are dropping bad news daily
From Seattle to Silicon Valley to Austin, a grim new reality is setting in across the tech landscape.
June 05, 2022
Tech
What DiDi's IPO flop means for Grab and GoTo
It had been billed as the “IPO of the year” and the largest China listing in the US since e-commerce giant Alibaba Group Holdings.
July 02, 2021
Tech
Former Google engineer argues prison term is a 'death sentence'
The Google engineer, who stole secrets from Uber, said sending him to prison was a 'death sentence' in the light of the coronavirus pandemic
July 29, 2020
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
October 11, 2019
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
September 27, 2019
Global Markets
Briefs
SINGAPORE (Aug 5): “If you want marines to drive away the Chinese fishermen, not one of them will come home alive.” — Philippine President Rodrigo Duterte, defending his agreement with China to allow Chinese fishermen to operate in the West Philippi
August 02, 2019
Tech
Why investors should avoid hitching a ride on Uber's IPO
SINGAPORE (Apr 22): Investors who found some way to short the stock of Lyft, the No 2 ride-hailing player in the US, have had a great ride since its IPO three weeks ago. Lyft’s stock plunged to US$56.11 on April 15, down 22% from its IPO price, or 35% b
April 22, 2019
In print this week
Briefs
SINGAPORE (Apr 15): “The patience of Ecuador has reached its limit on the behaviour of Mr Assange.” — Lenín Moreno, Ecuador’s president, on the decision to allow UK police to arrest WikiLeaks founder Julian Assange, who faces accusations of rape.
April 15, 2019