Shares of Twilio Inc (NYSE:TWLO) ended Friday session in red amid volatile trading. The shares closed down -1.45 points or -2.52% at $56.00 with 84.57 million shares getting traded. Post opening the session at $57.00 the shares hit an intraday low of $55.02 and an intraday high of $58.00 and the price vacillated in this range throughout the day. The company has a market cap of $4.62 billion and the numbers of outstanding shares have been calculated to be 4.84.57 million shares.
Twilio Inc (TWLO) on Sep 8, 2016 announced new capabilities designed to support the unique security, access management and administration requirements of enterprises building cloud communications solutions. The Twilio Enterprise Plan provides developers and businesses with advanced features, including Single Sign-On and Role-Based Access Control, as well as segmentation for billing and platform usage.
Developers in enterprises want to operate with the same agility as smaller startups, but are often slowed down by strict security, compliance and procurement requirements. The Twilio Enterprise Plan addresses these unique needs with features such as:
- Single Sign-On (SSO): SAML-based SSO is a simpler and more secure solution for IT departments managing employee access to Twilio. Employees benefit from a more convenient and consistent mechanism to log in to Twilio, while IT departments can use their existing identity management system to grant and revoke access and credentials.
- Customizable Role-Based Access Control (RBAC): The customizable RBAC included with the Twilio Enterprise Plan enables the creation of roles and permissions specific to a company’s use of Twilio. Additionally, Directory Service integration allows users and privileges to be synchronized via the existing tools that organizations use to manage permissions across all of their applications.
- Auditing: Fully-managed changelog and a SIEM-capable API enable compliance personnel to stay informed of important security-sensitive actions, such as password updates. With auditing capabilities, Twilio Enterprise Plan customers can track exactly what was changed, at what time, and who performed the change.
- Public Key Client Validation: With Public Key Client Validation, Twilio Enterprise customers can upload their server’s public key to Twilio. This public key is used to validate that every REST API request is coming from an approved business application, further safeguarding against service disruption or fraudulent activity.
- Segmented Billing and Usage: The Twilio Enterprise Plan includes an account segmentation capability that allows usage and billing data to be structured in a way that maps to a business’s organizational makeup. These features simplify monitoring by separating logs, and help finance teams accurately attribute expenses on a business unit level without the need for intercompany reconciliation.
“Enterprises have to balance the desire to be more agile and innovative with the need for more stringent security and controls,” said Jeff Lawson, Twilio CEO and co-founder. “With the Twilio Enterprise Plan, enterprises are free to innovate at the speed of startups while ensuring compliance with their more rigorous policies. We can’t wait to see what they build.”
Shares of Yandex NV (NASDAQ:YNDX) ended Friday session in red amid volatile trading. The shares closed down -1.54 points or -7.05% at $20.31 with 274.10 million shares getting traded. Post opening the session at $21.64 the shares hit an intraday low of $20.17 and an intraday high of $21.70 and the price vacillated in this range throughout the day. The company has a market cap of $6.03 billion and the numbers of outstanding shares have been calculated to be 274.10 million shares.
Yandex NV (YNDX) on July 28, 2016 announced its unaudited financial results for the second quarter ended June 30, 2016.
Q2 2016 Consolidated Financial Highlights
- Revenues of RUB 18.0 billion ($280.7 million), up 30% compared with Q2 2015
- Adjusted EBITDA of RUB 6.8 billion ($105.2 million), up 40% compared with Q2 2015, adjusted EBITDA margin of 37.5%
- Adjusted net income of RUB 3.9 billion ($60.8 million), up 40% compared with Q2 2015, adjusted net income margin of 21.7%
- Cash, cash equivalents, term deposits and short-term investments in debt securities of RUB 62.9 billion ($978.5 million) as of June 30, 2016
Q2 2016 Operational and Corporate Highlights
- Share of Russian search market (including mobile) averaged 57.0% in Q2 2016 compared to 57.6% in Q1 2016 (according to LiveInternet)
- Search queries in Russia grew 7% compared with Q2 2015
- Launched Zen, personalized content recommendation tool, within Yandex Browser
“We posted strong results in Q2’16 with notable contributions from our Taxi, Market, and Classifieds business units,” said Arkady Volozh, Chief Executive Officer of Yandex. “Our expertise in data analysis and AI is fueling advances in ad targeting and driving the adoption of personalized products, such as Yandex Zen, by users in Russia and abroad.”
“I am proud of our accomplishments across all the segments in Q2,” said Alexander Shulgin, Chief Operating Officer of Yandex. “Our focus on mobile resulted in significant improvements in mobile monetization, and Yandex share on Android devices started to grow again in late June as a result of new distribution deals following the favorable FAS ruling in our case against Google.”