Dropbox is laying off 315 people, or approximately 11% of its global workforce, in a move that CEO Drew Houston described in an email to employees as a “painful, but necessary” step to focus on its core products and develop new ones for remote work, according to a filing . The layoffs reflect Dropbox’s struggle to generate consistent growth in paying customers even after major upgrades to its...
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Trial Testimony Cracks Open Microsoft’s Black Box
Greetings!The big news coming out of today’s proceedings in the Epic–Apple trial had nothing to do with either company. It was that Microsoft does not now, and never has made any money from the sale of its Xbox console. For a device that has been on the market for 20 years, it’s surprising that Microsoft has yet to figure out the economics so that it could at least break even by now. Then...
Tencent Trying to Prevent Forced Divestment of Riot, Epic Games
Uber’s Ride Hailing Business Performed Slightly Better in Q1
Microsoft Gaming Exec Details Failed Bid to get Cloud Gaming Service on iPhone
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