Dropbox Q3 Results Beat Estimates; Shares Up 7%

Shares of Dropbox Inc. (DBX) gained 7% in extended trading session on Thursday after the company’s third-quarter adjusted earnings and revenues trumped Wall Street estimates. San Francisco, California-based Dropbox’s third-quarter loss narrowed to $5.8 million or $0.01 per share from $14.1 million or $0.07 per share last year. Adjusted earnings for the quarter rose to $0.11 per share from $0.07 […]

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Salesforce owns $1 billion worth of other companies — here are its four biggest investments in public companies

Salesforce has made major investments in other companies under co-CEO Marc Benioff. Robert Galbraith/Reuters Salesforce brings in billions of dollars in revenue each year from its subscription software subscriptions. But the $105 billion cloud company is also a big tech investor, especially when it comes to pouring money into other public companies that sell software to businesses. And those investments […]

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