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Archive for the ‘Business’ Category
Abandon purchase of Twitter for $44 billion

Abandon purchase of Twitter for $44 billion

When Elon Musk announced his offer to buy all of Twitter shares at $54.10, the stock price increased to $51.70. The market cap was $39.5 billion (based on 764 million outstanding shares). Since then, the stock price dropped 25% to $38.20. The market cap dropped by 24% to $29.2 billion. This followed the possible withdrawal of... 

A new social media platform that provides quality posts

A new social media platform that provides quality posts

Here are my views about the new social media platform that Elon Musk can build, if he does not buy Twitter. 1. All users have to be authenticated (i.e. no fake users, duplicate users or bots are allowed). 2. Each user can follow other users - like Twitter and Facebook 3 Any user can create a post and tweet (send) it to its followers... 

EM Services’ explanation

EM Services’ explanation

I don't know about others but I am not sold on EM Services CEO Tony Khoo's explanation that it is due to manpower constraints that his company didn't put in a bid to continue its role as managing agent for Sengkang Town Council (TC) after its contract expires next year. Yes, everybody knows that running a township is labour... 



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