Finance

  • Box Drops 15% Despite Reporting Stronger Than Expected Q4 Revenue Growth

    Box Drops 15% Despite Reporting Stronger Than Expected Q4 Revenue Growth

    Update: Box’s shares have recovered somewhat, and are now down around 10 percent, instead of 15 percent. The chart, however, remains rough: Today following the cessation of normal trading, Box announced its fiscal fourth-quarter financial performance, including revenue of $62.6 million, and an operating loss of $45.8 million on a GAAP basis, and $32.2 million using adjusted metrics. Read More

  • Get Ready For Box’s Earnings

    Get Ready For Box’s Earnings

    Box, a cloud storage and productivity company, will report its first quarterly earnings result today after the bell. The market expects Box to announce a $39.75 million loss on revenue of $58.03 million. Billings are expected to total $80.85 million for the period — Box’s fourth quarter of its fiscal 2015. Read More

  • Apple Shares Shift In Wake Of New Product Announcements

    Apple Shares Shift In Wake Of New Product Announcements

    Stocks go up, stocks go down, and apart from earnings, rumors, and analyst notes, things tend to rub along mostly in sync across public equities. But then there are days when a company announces a raft of new products and their pricing data. It signals to buyers, investors and the public how it intends to shape at least part of its next year. Read More

  • This Week On The TechCrunch Bitcoin Podcast: Do You Even Invest?

    This Week On The TechCrunch Bitcoin Podcast: Do You Even Invest?

    Hello and welcome back to another episode of TCBTC, TechCrunch’s bitcoin podcast. This time around, myself and John Biggs kick over the news that a new bitcoin-facing investment vehicle is getting itself put together and public. Can it help bitcoin achieve greater price stability over time? Also joining us is Jameson Lopp of BitGo, who broke down the finer technical points of paper… Read More

  • Analyzing Postmates’ Growth

    Analyzing Postmates’ Growth

    Postmates, a startup that allows users to order nearly anything in their city and have it delivered in an hour for a fee, is growing quickly. The company’s CEO, Bastian Lehmann, tweeted out a graph yesterday detailing how quickly the firm has scaled its delivery service. Read More

  • Apple Will Hire Its Contract Security Staff On A Full-Time Basis

    Apple Will Hire Its Contract Security Staff On A Full-Time Basis

    Apple will hire its contract security staff on a full-time basis, a decision that continues a nascent trend of technology giants reducing their use of external labor for non-technical roles. Google made a similar move with its security staff late last year. According to a media report, Apple will bring “the majority” of its contractual security staffers in-house. Read More

  • Wealthfront Now Manages More Than $2 Billion In Client Assets

    Wealthfront Now Manages More Than $2 Billion In Client Assets

    Wealthfront, the automated investment services company that competes with traditional financial advisory behemoths like Fidelity, has today crossed the $2 billion mark in terms of assets managed. The achievement for a company, which one year ago was managing approximately $500 million in client assets, is impressive, and it makes Wealthfront the first in its space to rake in that much… Read More

  • Hello Again, NASDAQ 5,000

    Hello Again, NASDAQ 5,000

    Update: The NASDAQ closed at 5,008.10, up 0.9 percent on the day. That the index closed over the 5,000 mark is even more interesting that it managed to break the level during intraday trading.  The NASDAQ Composite index, a barometer of sorts of the technology industry, traded north of the 5,000 mark today. It was the first time the Composite had traded at that level since the late 90s… Read More

  • Ingenico Has A Square-Style Dongle That Can Be Used For NFC Tech Like Apple Pay

    Ingenico Has A Square-Style Dongle That Can Be Used For NFC Tech Like Apple Pay

    Payments is one of those chicken and egg scenarios. Consumers want to see a use case (participating merchants) before they adopt, yet merchants want to know that customers are actually using this stuff before they invest. Apple Pay has, by all accounts, significantly broadened adoption of NFC payments, and now a solution opening it up to large numbers of merchants could be on the horizon. Read More

  • Two Semiconductor Companies You Haven’t Heard Of Are Merging In A $40B Deal

    Two Semiconductor Companies You Haven’t Heard Of Are Merging In A $40B Deal

    What is worth $40 billion, and isn’t Uber? The union of NXP Semiconductors, and Freescale Semiconductor. The two companies announced a “definitive agreement” today that will see Freescale shareholders pick up 0.3521 NXP shares and $6.26 in cash for each of their current shares. Freescale is known for its work in embedded chips, its website noting a focus on the Internet… Read More

  • This Week On The TechCrunch Bitcoin Podcast: Blockchain Or Bitcoin?

    This Week On The TechCrunch Bitcoin Podcast: Blockchain Or Bitcoin?

    Hello and welcome back to another edition of TCBTC, TechCrunch’s very own bitcoin podcast hosted by your humble servant and John Biggs. This week week we chewed over the importance of both bitcoin and the blockchain, and how they are more linked than some people seem to wish. You can’t mine for free after all. Read More