Twilio, a cloud communication platform, has reported their first quarter of the year, showing a 15% year-over-year growth in revenue, totalling to $1.01B, which was above the estimated mark of $1 billion. A significant figure to take note of was that their number of active customer accounts had increased from the 268K+ from last year, to 300K+. Twilio’s Q2 guidance, however, standing at under the consensus estimates saw a drop of more than 13% in their stock, which has been designated as TWLO.
Satya Nadella, CEO of Microsoft, has been working to alleviate digital debt, building AI aptitude, and empowering employees with the use of technology. Recently, the company has shared the findings of their “Work Trends Index”, highlighting the potential of AI to eliminate tedious work and unlock creativity.
Tucker Carlson, an American conservative political commentator, is relaunching his show on Twitter with help from former Fox News staff. He will be foregoing the $25 million owed to him from FOX in order to end the non-compete clause.
Overall, we can see a significant growth in Twilio’s active customer accounts and revenue due to the platform’s success in the cloud communication market. Additionally, other companies such as Microsoft and Fox News have seen success as well, with the latter allowing Tucker Carlson to break the non-compete clause.
