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Posts Categorized / Hi Tech

  • Mar 26 / 2018
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Hi Tech

Dropbox up another 7% on day two

Dropbox’s surge on the stock market has continued, with the company going up another 7 percent on its second day on the stock market. The company saw its shares close at $30.45, giving the company above a $13 billion market cap, fully diluted. When it priced its IPO, there was a question as to whether […]

  • Mar 26 / 2018
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Hi Tech

The Linux Foundation launches a deep learning foundation

Despite its name, the Linux Foundation has long been about more than just Linux. These days, it’s a foundation that provides support to other open source foundations and projects like Cloud Foundry, the Automotive Grade Linux initiative and the Cloud Native Computing Foundation. Today, the Linux Foundation is adding yet another foundation to its stable: the […]

  • Mar 23 / 2018
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Hi Tech

Dropbox finishes up 36% on first day of trading

Dropbox was off to the races on its first day as a public company. After pricing above the range at $21 per share, raising $756 million, Dropbox kicked off its first day soaring to $31.60, and closing the day at $28.48. This is up almost 36 percent. It’s surely a sign of public investor enthusiasm […]

  • Mar 22 / 2018
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Hi Tech

Dropbox prices above its original range at $21 as it heads toward an IPO

Dropbox is pricing above the range it originally set ahead of its public listing tomorrow, handing the company a valuation inching ever-closer to its original $10 billion valuation, according to a report by CNBC. Dropbox earlier this week said it would price its initial public offering in a range between $18 and $20 per share, […]

  • Mar 22 / 2018
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Hi Tech

IBM can’t stop milking the Watson brand

More than seven years after IBM Watson beat a couple of human Jeopardy! champions, the company has continued to make hay with the brand. Watson, at its core, is simply an artificial intelligence engine and while that’s not trivial by any means, neither is it the personified intelligence that their TV commercials would have the […]