• Salesforce revealed the size of its $28 million investment in Twilio for the first time, and Twilio shares are surging

    6 days ago - By Business Insider

    Salesforce just disclosed that it owns $27.6 million in stock for Twilio, a cloud communication company.
    Shares for Twilio were up 19% Wednesday morning following strong quarterly earnings on Tuesday.
    Salesforce also owns $1.36 million in Oracle rival MongoDB, whose shares were up 9% Wednesday.
    Salesforce just disclosed that it owns a $27.6 million stake in Twilio, a popular cloud communication company. The 888,517 Twilio shares owned by Salesforce was disclosed Wednesday morning in am Salesforce filing with the Securities and Exchange Commission.
    The company also disclosed that it has...
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  • Sina Q4 Earnings: Strong Growth In Portal Business Complements Surging Weibo

    Sina Q4 Earnings: Strong Growth In Portal Business Complements Surging Weibo

    6 days ago - By Forbes

    Sina announced its Q4 and full year earnings on February 13, reporting a massive 37% increase in net revenue to $504 million. Sina reported strong double digit growth in revenues and improvement in margins through the first three quarters of 2017 as well.
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