Dropbox reported its first-ever profit during its fiscal first quarter, as the shift of companies working from home during the Covid-19 pandemic is driving more usage of its paid products, including its desktop application and digital signature service. CEO Drew Houston said the promising quarter also shows how the company’s investments in buying and building premium services are coming to...
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Revenue Soars at Alphabet’s Verily as 2022 Loss Rises

Verily, an Alphabet unit applying data analytics to healthcare, continues to post heavy losses, according to previously undisclosed financial information. Its results shows just how far Verily is from standing on its own—a key goal of the Alphabet corporate structure created in 2015. Revenue at Verily more than doubled in the first nine months of last year to $470 million from $228...
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