Cloud storage provider Box started out the day Thursday down over 20% on the stock market. Shares traded as low as $19.11 in early hours of trading, down from a previous close of $24.07.
The company reported quarterly earnings after the bell on Wednesday, and while its losses of six cents per share surpassed analyst expectations of negative eight cents, investors were concerned about the… Read More
01
Mar
2018
Box shares fall over 20% on slowed growth
Cloud storage provider Box started out the day Thursday down over 20% on the stock market. Shares traded as low as $19.11 in early hours of trading, down from a previous close of $24.07.
The company reported quarterly earnings after the bell on Wednesday, and while its losses of six cents per share surpassed analyst expectations of negative eight cents, investors were concerned about the… Read More
Light is back with a new twist on its anti-smartphone phone. But this time, instead of doing just one thing, the Light Phone 2 does a few, and exists somewhere between the original Light and your overwrought iPhone – though still far closer to the first-generation Light phone overall. The new design features a matte finish e-ink display, which occupies most fo the front face of the…
ClassPass is not accustomed to sitting idle. The startup, a subscription marketplace that lets users find and book fitness classes, is today introducing credits. ClassPass CEO Fritz Lanman hinted at the change at Disrupt SF last year, explaining that the service has a great market fit with a certain demographic, but doesn’t work as well for people who want more value for their money.…
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Restaurant delivery service DoorDash is joining the unicorn club with its latest round of funding. The company is announcing that it’s raised $535 million in a Series D round. And while it’s not saying anything about valuation, a source close to DoorDash told us that the new funding values the company at $1.4 billion (post-money). DoorDash had previously raised around $186…
After acquiring CrowdRise over a year ago to double down on fundraising for non-profits, GoFundMe is today taking the wraps off a new product that will supercharge the service. CrowdRise by GoFundMe is a new version of the site that signifies the next step of development for GoFundMe, as it starts to work with larger organizations (and by association, larger campaigns and funding totals). It…
Given the fact that we already rely on them for pretty much everything else, why not just go all in and turn our smartphones in to literal toolboxes? Bullitt, the UK-based licensed phone manufacturer behind those Kodak handsets was on hand at Mobile World Congress this week, showing off a pair of super rugged handsets. They’re not for everyone, sure, but in a world where most phones…
Given the fact that we already rely on them for pretty much everything else, why not just go all in and turn our smartphones in to literal toolboxes? Bullitt, the UK-based licensed phone manufacturer behind those Kodak handsets was on hand at Mobile World Congress this week, showing off a pair of super rugged handsets. They’re not for everyone, sure, but in a world where most phones…