By most common sense measurements, Box had a pretty good earnings report today, reporting revenue up 20 percent year over year to $163.7 million. That doesn’t sound bad, yet Wall Street was not happy with the stock getting whacked, down more than 22 percent after hours as we went to press. It appears investors were […]
View More Box fourth quarter revenue up 20 percent, but stock down 22 percent after hoursCategory: Box
Has the fight over privacy changed at all in 2019?
Few issues divide the tech community quite like privacy. Much of Silicon Valley’s wealth has been built on data-driven advertising platforms, and yet, there remain constant concerns about the invasiveness of those platforms. Such concerns have intensified in just the last few weeks as France’s privacy regulator placed a record fine on Google under Europe’s […]
View More Has the fight over privacy changed at all in 2019?Box hires former SAP exec as Chief Information Security Officer
Box announced today that it has hired Lakshmi Hanspal to be the company’s new Chief Information Security Officer (CISO). She boasts 20 years of security experience including holding executive security roles at SAP Ariba and Bank of America. She also spent time in a senior role at PayPal. In a blog post announcing the hire, […]
View More Box hires former SAP exec as Chief Information Security OfficerBox releases Skills, which lets developers apply AI and machine learning to Box content
When you have as much data under management as Box does, you have the key ingredient for artificial intelligence and machine learning, which feeds on copious amounts of data. Box is giving developers access to this data, while letting them choose the AI and machine learning algorithms they want to use. Today, the company announced […]
View More Box releases Skills, which lets developers apply AI and machine learning to Box contentCloud stocks take a beating
It was a stormy Monday for cloud stocks today with the general trend pointing way down. Okta stock took the biggest beating, down over 15 percent to $48.67, and even mighty Salesforce had its worst day since 2016, according to CNBC, down 8.7 percent to $121.01. Wall Street was apparently disenchanted with just about every […]
View More Cloud stocks take a beatingBox builds a digital hub to help fight content fragmentation
The interconnectedness of the cloud has allowed us to share content widely with people inside and outside the organization and across different applications, but that ability has created a problem of its own, a kind of digital fragmentation. How do you track how that piece of content is being used across a range of cloud […]
View More Box builds a digital hub to help fight content fragmentationServiceNow-Box integration brings together two enterprise cloud stalwarts
It used to be a one-vendor, stack-driven world in the enterprise. Today, the cloud has changed that and best of breed and interoperability are the watchwords of the day. Two enterprise cloud stalwarts have announced a new integration that brings Box content directly into ServiceNow. For ServiceNow customers, it means that they can access Box […]
View More ServiceNow-Box integration brings together two enterprise cloud stalwartsBox opens up about the company’s approach to innovation
Most of us never really stop to think about how the software and services we use on a daily basis are created. We just know it’s there when we want to access it, and it works most of the time. But companies don’t just appear and expand randomly, they need a well defined process and […]
View More Box opens up about the company’s approach to innovationBox acquires Butter.ai to make search smarter
Box announced today that it has acquired Butter.ai, a startup that helps customers search for content intelligently in the cloud. The terms of the deal were not disclosed, but the Butter.AI team will be joining Box. Butter.AI was started by two ex-Evernote employees, Jack Hirsch and Adam Walz. The company was partly funded by Evernote […]
View More Box acquires Butter.ai to make search smarterBox acquires Progressly to expand workflow options
Box announced today that it has purchased Progressly, a Redwood City startup that focuses on workflow. All 12 Progressly employees will be joining Box immediately. They did not disclose the purchase price. If you follow Box, you probably know the company announced a workflow tool in 2016 called Box Relay along with a partnership with […]
View More Box acquires Progressly to expand workflow optionsBox expands Zones to manage content in multiple regions
When Box announced Zones a couple of years ago, it was providing a way for customers to store data outside the U.S., but there were some limits. Each customer could choose the U.S. and one additional zone. Customers wanted more flexibility, and today the company announced it was allowing them to choose to multiple zones. […]
View More Box expands Zones to manage content in multiple regionsBox 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