Twilio announced Thursday it would sell ValueFirst, the India-based business it acquired in 2021, to Indian mobile operator Tanla. The divestiture comes as activist investor Legion Partners urges the company to consider board changes and divestitures, though it’s unclear whether the spinoff was related to Legion’s stake. Twilio said that “allocating our resources to other strategic priorities...
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Why the AI Race Is Getting Weird
There comes a point in every major new technology cycle where new alliances form, especially between the incumbents and the younger upstarts nipping at their heels.This is happening at superspeed in artificial intelligence—but the pattern is frankly pretty weird, and I think it points to the fact that AI, in a lot of ways, is going to be different from tech developments before it, like cloud...
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