The ugly and the stupid have the best of it in this world. They can sit at their ease and gape at the play. If they know nothing of victory

99.10.21

The ugly and the stupid have the best of it in this world. They can sit at their ease and gape at the play. If they know nothing of victory, they are at least spared the knowledge of defeat. They live as we all should live--undisturbed, indifferent, and without disquiet. They neither bring ruin upon others, nor ever receive it from alien hands.

–Oscar Wilde. The Picture of Dorian Gray.

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Create: 2023-10-26
Last Update: 2024-06-05 04:58:48

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Date: 2024-06-05| 99 10 21

The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.

To pay the bills, Mr. Durov is issuing investors $1 billion to $1.5 billion of company debt, with the promise of discounted equity if the company eventually goes public, the people briefed on the plans said. He has also announced plans to start selling ads in public Telegram channels as soon as later this year, as well as offering other premium services for businesses and users.