Twilio to Acquire Customer-Data Firm for $3.2 Billion

Twilio Inc.


TWLO -4.28%

agreed to acquire a software provider that focuses on helping businesses track and manage customer data, a $3.2 billion deal that comes as companies rethink how they reach consumers who are spending more time at home during the Covid-19 pandemic.

Twilio struck an all-stock deal for Segment, which offers products that allow companies to glean data about shoppers from websites, mobile apps and email, as well as when they communicate with customer support, and from various software programs.

“What Segment allows companies to do is take all the data that’s in these disparate systems and assemble

Read More

Deterring capital flight can help finance African development priorities

From 2000 to 2015, roughly $836 billion in capital left the African continent, according to a recent report by the United Nations Conference on Trade and Development (UNCTAD). This so-called “capital flight” occurs along legal pathways like remittances and other transfers or via illegal means like money laundering or misinvoicing. Capital flight is particularly prolific in Africa, so much so that it has rendered the continent a net creditor to the world. At the same time, money leaving the continent decreases the taxable revenue collected by the home country and makes it more difficult for the private sector to meet

Read More

National Insurance Crime Bureau Joins Forces with the AARP Fraud Watch Network to Combat Insurance Crime

DES PLAINES, Ill., Oct. 7, 2020 /PRNewswire/ — The National Insurance Crime Bureau (NICB), the insurance industry’s association dedicated to predicting, preventing, and prosecuting insurance crime, and the AARP Fraud Watch Network are joining forces to combat insurance crime.

In a recent meeting, NICB President and CEO David Glawe and Director of AARP Fraud Watch Network Kathy Stokes discussed the need for a strong, collaborative relationship between the two organizations. Ultimately, it is the goal of both NICB and the AARP Fraud Watch Network to help protect people, and in particular the 50+ from insurance scams and fraud.

“We

Read More