Starboard Value puts Box on notice that it’s looking to take over board

Activist investor Starboard Value is clearly fed up with Box and it let the cloud content management know it in no uncertain terms in a letter published yesterday. The firm, which bought a 7.7% stake in Box two years ago claims the company is underperforming, executing poorly and making bad business decisions — and it […] Continue reading Starboard Value puts Box on notice that it’s looking to take over board

Box enhances security features to prevent accidental data leaks, protect content in the cloud

Box delivered more advanced security features to prevent accidental data leaks and protect content in the cloud. These include enhanced auto-classification functionality that extends to existing content and new exception handling capabilities for Smart… Continue reading Box enhances security features to prevent accidental data leaks, protect content in the cloud

Daily Crunch: KKR invests $500M into Box

Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. This is your Daily Crunch for April 8, 2021. The big story: KKR invests $500M into Box Private equity firm KKR is making an investment into Box that should help the cloud content […] Continue reading Daily Crunch: KKR invests $500M into Box

Industry experts bullish on $500M KKR investment in Box, but stock market remains skeptical

When Box announced it was getting a $500 million investment from private equity firm KKR this morning, it was hard not to see it as a positive move for the company. It has been operating under the shadow of Starboard Value, and this influx of cash could give it a way forward independent of the […] Continue reading Industry experts bullish on $500M KKR investment in Box, but stock market remains skeptical

KKR hands Box a $500M lifeline

Box announced this morning that private equity firm KKR is investing $500 million in the company, a move that could help the struggling cloud content management vendor get out from under pressure from activist investor Starboard Value. The company plans to use the proceeds in what’s called a “dutch auction” style sale to buy back […] Continue reading KKR hands Box a $500M lifeline

Boston Dynamics Stretch Robot Trades Lab Coat For Work Uniform

Boston Dynamics has always built robots with agility few others could match. While great for attention-getting demos, from outside the company it hasn’t been clear how they’ll translate acrobatic skills …read more Continue reading Boston Dynamics Stretch Robot Trades Lab Coat For Work Uniform

Raytion launches Enterprise Search Connectors for ServiceNow AI Search

Raytion announces the general availability of its Raytion Enterprise Search Connectors for ServiceNow AI Search. AI Search is included in ServiceNow’s newly released Now Platform Quebec release. The Raytion Connector Hub for AI Search allows all … Continue reading Raytion launches Enterprise Search Connectors for ServiceNow AI Search

Box appoints Sebastien Marotte as President of Box EMEA

Box announced that Sebastien Marotte will be joining the Box Executive team as President of Box Europe, the Middle East and Africa (EMEA), effective June 7, 2021. The appointment underscores Box’s continued commitment to the region where the Company re… Continue reading Box appoints Sebastien Marotte as President of Box EMEA

Box shares rise on report company is exploring sale

Shares of Box, a well-known content-and-collaboration company that went public in 2015, rose today after Reuters reported that the company is exploring a sale. TechCrunch previously discussed rising investor pressure for Box to ignite its share price after years in the public-market wilderness. At the close today Box’s equity was worth $23.65 per share, up […] Continue reading Box shares rise on report company is exploring sale

Box integrates with Microsoft 365 to enable secure work in the cloud

Box announced new and upcoming integrations with Microsoft 365 to make it easier for customers to securely work in the cloud. Building on Box’s seamless experience within Microsoft environments, these include new security integrations, enhanced functio… Continue reading Box integrates with Microsoft 365 to enable secure work in the cloud