Dropbox is crashing despite beating Wall Street expectations, announces COO Dennis Woodside is leaving

Back when Dennis Woodside joined Dropbox as its chief operating officer more than four years ago, the company was trying to justify the $10 billion valuation it had hit in its rapid rise as a Web 2.0 darling. Now, Dropbox is a public company with a nearly $14 billion valuation, and it once again showed […] Continue reading Dropbox is crashing despite beating Wall Street expectations, announces COO Dennis Woodside is leaving

Dropbox hires a new VP of product and VP of product marketing

After a largely successful IPO, Dropbox is adding another couple of hires today as it looks to continue its consumer-slash-enterprise growth playbook: bringing on a new VP of product in former CEO and president of Wealthfront Adam Nash; and a new VP of product marketing and global campaigns in Naman Khan. Both have extensive from […] Continue reading Dropbox hires a new VP of product and VP of product marketing

AI Chip startup Cerebras Systems picks up a former Intel top exec

While some of the largest technology companies in the world are racing to figure out the next generation of machine learning-focused chips that will support devices — whether that’s data centers or edge devices — there’s a whole class of startups that are racing to get there first. That includes Cerebras Systems, one of the […] Continue reading AI Chip startup Cerebras Systems picks up a former Intel top exec

Twilio came ahead of expectations and the stock is going nuts

Twilio today reported a positive quarter that brought it to profitability — on an adjusted basis — ahead of schedule for Wall Street, sending the stock soaring 16% in extended hours after the release came out. While according to traditional accounting principles Twilio still lost money (this usually includes stock-based compensation, a key component of […] Continue reading Twilio came ahead of expectations and the stock is going nuts

Goodly looks to give companies student loan payments as an employee benefit

As employers duke it out over hiring the best possible candidates, especially ones coming out of school, they are starting to get a little bit more creative with their incentive packages — and that includes offering an option for paying down student debt. Goodly is a new startup that’s looking to help those employers offer […] Continue reading Goodly looks to give companies student loan payments as an employee benefit

Optic wants to help developers drop boilerplate code into their development flow

Stack Overflow and other various sites and tools have made it easy to Google search for solutions — or code snippets — to the easier parts of putting together an app or program for developers, but Aidan Cunniffe wants to take that one automated step further. That’s the premise behind Optic, which gives developers a way […] Continue reading Optic wants to help developers drop boilerplate code into their development flow

Amazon’s AWS continues to lead its performance highlights

Amazon’s web services AWS continue to be the highlight of the company’s balance sheet, once again showing the kind of growth Amazon is looking for in a new business for the second quarter — especially one that has dramatically better margins than its core retail business. Despite now running a grocery chain, the company’s AWS […] Continue reading Amazon’s AWS continues to lead its performance highlights

Qualcomm says it will drop its massive $44B offer to acquire NXP

Qualcomm today said it wouldn’t extend its offer to buy NXP for $44 billion today as part of its release for its quarterly earnings, and instead be returning $30 billion to investors in the form of a share buy-back. So, barring any last-second changes in the approval process in China or “other material developments”, the […] Continue reading Qualcomm says it will drop its massive $44B offer to acquire NXP

Snark AI looks to help companies get on-demand access to idle GPUs

Riding on a wave of an explosion in the use of machine learning to power, well, just about everything is the emergence of GPUs as one of the go-to methods to handle all the processing for those operations. But getting access to those GPUs — whether using the cards themselves or possibly through something like […] Continue reading Snark AI looks to help companies get on-demand access to idle GPUs

Google is rolling out a version of Google Voice for enterprise G Suite customers

Google today said it will be rolling out an enterprise version of its Google Voice service for G Suite users, potentially tapping a new demand source for Google that could help attract a whole host of new users. Google voice has been a long-enjoyed service for everyday consumers, and offers a lot of benefits beyond […] Continue reading Google is rolling out a version of Google Voice for enterprise G Suite customers