Shira Ovide

Record funding, epic shakeups dominated global tech themes in 2018

Investments in tech startups are set to surpass $200B this year, the largest since dot-com bubble

Uber strained for mileage in Asia’s ride-hailing battleground

As with Uber’s prior retreats, quitting a costly slugfest against GrabTaxi Holdings Pte will help alleviate Uber’s whopping losses.

Tencent joins other Asian titans in U.S. tech spree

Tencent, Alibaba Group Holding Ltd. and Japan’s SoftBank Group Corp. have made strings of investments outside their home countries.

Amazon hasn’t seized the world, but it’s working on it

Just four countries—the US, Germany, Japan and the UK— contributed 92% of Amazon’s $136 billion in revenue for 2016.

Amazon won’t magically churn out profits, and that’s okay

Amazon plows about 97 cents of every dollar in sales back into fuelling its endless ambitions.

Snapchat’s IPO leads way for other overheated startups

Spotify, are you paying attention? Blue Apron? Dropbox? Uber?

Twilio IPO shows tech unicorns it’s safe to come out

The performance shows that the latest breed of “unicorns” — the corny but handy term for tech startups valued at $1 billion or more — can go public successfully. That hasn’t been the pattern of late. Almost no unicorns have gone public recently; Twilio is just the second tech company to go public in the U.S. this year.