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Tag: Q1 2018

Dropbox CEO Drew Houston

Dropbox is sinking even though it just beat Wall Street’s targets in its first-ever earnings report

Dropbox reported $316 million in quarterly revenue, while analysts expected $308.7 million. The company also reported $0.08 in earnings per share, while analysts expected $0.05.

Facebook increased its daily active users in Q1, but revenue dipped

Facebook managed to see continued user growth in the same quarter it got major criticism for the Cambridge Analytica scandal, but a dip in revenue did bring down its average revenue per user.

Mark Zuckerberg revealed one of his ‘great regrets’ — and the timing doesn’t seem like an accident

Facebook CEO Mark Zuckerberg regrets not getting a chance to "shape the way that mobile platforms developed" when Facebook was in its early stages.