Markets

Twilio surges 9% after it agrees to acquire Segment for $3.2 billion

Twilio surged to record highs on Monday after it agreed to acquire Segment for $US3.2 billion in an all-stock deal. “Segment lets developers and companies break down those [data] silos and build a complete picture of their customer,” Twilio co-founder Jeff Lawson said. The deal is expected to close in […]
Twilio surges 9% after it agrees to acquire Segment for $3.2 billion
Tech

How Google got too big to shrink

Hello again, and welcome back to Trending. This is where we talk tech every Wednesday. If you want to get Trending in your email inbox every week, just click here. This week: When Google got too big to shrink Depending on where you’re sitting, the same string of words can […]
How Google got too big to shrink
Tech

Twilio is spending $2 billion to buy one of its publicly-traded partners

Twilio, which makes communication tools for websites, is acquiring SendGrid. SendGrid, an email marketing platform, went public in November 2017. Twilio’s acquisition, which is all-stock, values SendGrid around $US2 billion. That’s a premium over the $US1.43 billion at which SendGrid was valued at the closing bell. Twilio, the $US7.4 billion […]
Twilio is spending $2 billion to buy one of its publicly-traded partners
Tech

$2.4 billion Twilio brings on a Salesforce veteran as its new marketing boss

Twilio has hired Sara Varni as its new chief marketing officer. Previously, Varni spent 10 years at Salesforce, most recently leading marketing for Sales Cloud, the company’s flagship product. Varni’s mission is to balance Twilio’s well-established appeal with software developers with a new effort to reach out to business executives […]
$2.4 billion Twilio brings on a Salesforce veteran as its new marketing boss
Tech

‘The fight isn’t over’: Tech erupts after the FCC’s vote to kill net neutrality

Tech companies and executives spoke out in disappointment about the Federal Communications Commission’s decision Thursday to repeal net neutrality, with some expressing interest in appealing the decision in court. The tech community has supported net neutrality since the FCC’s intention to repeal was announced. Tech executives from Sheryl Sandberg to […]
‘The fight isn’t over’: Tech erupts after the FCC’s vote to kill net neutrality
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