Dropbox: Difference between revisions

Content deleted Content added
Robix
Tags: Reverted Mobile edit Mobile web edit
m Reverted edits by 197.156.80.203 (talk): addition of unnecessary/inappropriate external links (HG) (3.4.12)
 
(13 intermediate revisions by 11 users not shown)
Line 8:
| former_name = Evenflow, Inc. (2007–2009)
| type = [[Public company|Public]]
| traded_as = {{1kubl|{{NASDAQ|DBX}} (Class A)|[[S&P 400]] component}}
ubl|{{NASDAQ|DBX}} (Class A)|[[S&P 400]] component}}
| industry = {{ubl|[[Cloud storage]]|[[File hosting service|File hosting]]}}
| founded = {{Start date and age|2007|5}}
Line 31 ⟶ 30:
| equity = {{increasenegative}} {{US$|-166 million}} (2023)
| num_employees = 2,693 (2023)
| footnotes = <ref name=AnnualR2023>{{cite web |title=Dropbox, Inc. 2023 Annual Report (Form 10-K) |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1467623/000146762324000008/dbx-20231231.htm |date=16 February 2024 |publisher=[[U.S. Securities and Exchange Commission]] |access-date=February 17, 2024 |archive-date=February 17, 2024 |archive-url=https://web.archive.org/web/20240217102410/https://www.sec.gov/ix?doc=/Archives/edgar/data/1467623/000146762324000008/dbx-20231231.htm |url-status=live }}</ref>
| module = {{infobox network service provider|child=yes|asn=19679}}
}}
Line 50 ⟶ 49:
}}
| operating system = [[Android (operating system)|Android]], [[iOS]], [[Linux]], [[macOS]], [[Microsoft Windows]], [[Windows Phone]]<ref>{{Cite web|title=Dropbox system requirements|url=https://help.dropbox.com/installs-integrations/desktop/system-requirements|access-date=2021-08-18|website=help.dropbox.com|archive-date=August 18, 2021|archive-url=https://web.archive.org/web/20210818085141/https://help.dropbox.com/installs-integrations/desktop/system-requirements|url-status=live}}</ref>
| language = Chinese (traditional and simplified), English, French, German, Indonesian, Italian, Korean, Malaysian, Polish, Portuguese (Portugal's and Brazilian), Russian, Spanish (Castilian and Latin American), Ukrainian
| language count = 22
| genre = [[Remote backup service|Online backup service]]
Line 95 ⟶ 94:
In October 2021, Dropbox announced that an agreement to acquire universal search company Command E has been signed.<ref>{{Cite web |title=Welcome Command E to Dropbox! |url=https://blog.dropbox.com/topics/company/welcome-command-e-to-dropbox- |access-date=2024-06-09 |website=blog.dropbox.com |language=en}}</ref>
 
In November 2022, Dropbox announced that an agreement to acquire several key assets from Boxcryptor has been signed. Boxcryptor is a provider of [[End-to-end encryption|end-to-end]] [[Zero-knowledge service|zero-knowledge encryption]] for cloud storage services.<ref>{{Cite web |title=Dropbox to acquire Boxcryptor assets, bring end-to-end encryption to business users |url=https://blog.dropbox.com/topics/company/dropbox-to-acquire-boxcryptor-assets-bring-end-to-end-encryption-to-business-users |access-date=2024-06-09 |website=blog.dropbox.com |language=en |archive-date=June 9, 2024 |archive-url=https://web.archive.org/web/20240609200032/https://blog.dropbox.com/topics/company/dropbox-to-acquire-boxcryptor-assets-bring-end-to-end-encryption-to-business-users |url-status=live }}</ref>
 
In December 2022, Dropbox announced the acquisition of form management platform FormSwift for $95 million.<ref>{{Cite web |last=Wiggers |first=Kyle |date=2022-12-16 |title=Dropbox buys form management platform FormSwift for $95M in cash |url=https://techcrunch.com/2022/12/16/dropbox-buys-form-management-platform-formswift-for-95m-in-cash/ |access-date=2024-06-09 |website=TechCrunch |language=en-US |archive-date=June 9, 2024 |archive-url=https://web.archive.org/web/20240609195202/https://techcrunch.com/2022/12/16/dropbox-buys-form-management-platform-formswift-for-95m-in-cash/ |url-status=live }}</ref>
 
=== Remote workforce ===
At the start of the [[COVID-19 pandemic|Covid-19 pandemic]] in 2020, Dropbox was one of the first companies to shift to a [[Remote work|remote workforce]]. In October 2020, the company announced its "virtual first" initiative which would shift the company to a long-term remote working plan, which launched officially April 2021.<ref>{{Cite web |last=Collins |first=Barbara |title=Dropbox helped end the physical thumb drive era, but the cloud is getting crowded |url=https://www.cnbc.com/2022/11/17/dropbox-helped-end-thumb-drive-era-but-the-cloud-is-getting-crowded.html |access-date=2023-01-24 |website=CNBC |date=November 17, 2022 |language=en |archive-date=January 24, 2023 |archive-url=https://web.archive.org/web/20230124193214/https://www.cnbc.com/2022/11/17/dropbox-helped-end-thumb-drive-era-but-the-cloud-is-getting-crowded.html |url-status=live }}</ref><ref>{{Cite magazine |title=Dropbox Tossed Out the Workplace Rulebook |url=https://time.com/6204715/dropbox-remote-work/ |access-date=2023-01-24 |magazine=Time |language=en |archive-date=January 24, 2023 |archive-url=https://web.archive.org/web/20230124193216/https://time.com/6204715/dropbox-remote-work/ |url-status=live }}</ref>
 
===2021 workforce reduction===
Line 106 ⟶ 105:
 
=== 2023 workforce reduction ===
In April 2023, Dropbox CEO Houston announced the layoff of roughly 500 employees, or 16 percent of the current workforce. The company cited a slowdown in growth and a need for different, AI-focused skill-sets.<ref>{{Cite news |last=Bary |first=Emily |title=Dropbox to cut 16% of staff, citing slowing growth and a need for AI-focused talent |url=https://www.marketwatch.com/story/dropbox-to-cut-16-of-staff-citing-slowing-growth-and-a-need-for-ai-focused-talent-793a9eec |access-date=2023-04-27 |website=MarketWatch |language=EN-US |archive-date=April 27, 2023 |archive-url=https://web.archive.org/web/20230427135955/https://www.marketwatch.com/story/dropbox-to-cut-16-of-staff-citing-slowing-growth-and-a-need-for-ai-focused-talent-793a9eec |url-status=live }}</ref>
 
==Platforms==
Line 201 ⟶ 200:
Dropbox has received several awards, including the Crunchie Award in 2010 for Best Internet Application,<ref>{{cite web |first=Jason |last=Kincaid |title=Congratulations Crunchies Winners! Facebook Takes Best Overall For The Hat Trick |url=https://techcrunch.com/2010/01/08/crunchies-winner/ |website=[[TechCrunch]] |publisher=[[AOL]] |date=January 8, 2010 |access-date=February 17, 2017 |archive-date=March 23, 2019 |archive-url=https://web.archive.org/web/20190323070723/https://techcrunch.com/2010/01/08/crunchies-winner/ |url-status=live }}</ref> and ''[[Macworld]]''{{'}}s 2009 Editor's Choice Award for Software.<ref>{{cite web |title=Macworld Editors' Choice Awards: Software |url=http://www.macworld.com/article/1144840/editorschoice2009software.html#slide3 |website=[[Macworld]] |publisher=[[International Data Group]] |date=December 9, 2009 |access-date=February 17, 2017 |archive-date=October 31, 2020 |archive-url=https://web.archive.org/web/20201031100225/https://www.macworld.com/article/1144840/editorschoice2009software.html#slide3 |url-status=live }}</ref> It was nominated for a 2010 [[Webby Award]],<ref>{{cite web |title=2010 Nominee: Dropbox |url=http://webbyawards.com/winners/2010/web/general-website-categories/web-services-applications/dropbox/ |website=[[Webby Award]] |publisher=[[International Academy of Digital Arts and Sciences]] |access-date=February 17, 2017 |archive-date=February 3, 2019 |archive-url=https://web.archive.org/web/20190203001645/https://www.webbyawards.com/winners/2010/web/general-website-categories/web-services-applications/dropbox/ |url-status=live }}</ref> and for the 2010 Mac Design Awards by ''[[Ars Technica]].''<ref>{{cite web |first=Chris |last=Foreman |title=Reader's Choice poll for 2010 Ars Design Awards: Mac OS X |url=https://arstechnica.com/apple/2010/05/readers-choice-poll-for-2010-ars-design-awardsmac-os-x/ |website=[[Ars Technica]] |publisher=[[Condé Nast]] |date=May 25, 2010 |access-date=February 17, 2017 |archive-date=November 8, 2019 |archive-url=https://web.archive.org/web/20191108091853/https://arstechnica.com/gadgets/2010/05/readers-choice-poll-for-2010-ars-design-awardsmac-os-x/ |url-status=live }}</ref> Dropbox's mobile [[iPhone]] app release in 2010 was among the top 10 "best apps" selected by Alex Ahlund, former [[Chief executive officer|CEO]] of two websites focused on mobile apps,<ref>{{cite web |first=Alex |last=Ahlund |title=The Top 40 iPhone Apps of 2010 |url=https://techcrunch.com/2010/12/26/top-40-iphone-apps-2010/ |website=[[TechCrunch]] |publisher=[[AOL]] |date=December 26, 2010 |access-date=February 17, 2017 |archive-date=November 9, 2020 |archive-url=https://web.archive.org/web/20201109001334/https://consent.yahoo.com/v2/collectConsent?sessionId=3_cc-session_b900bc34-a735-40c8-a927-de3f76dae035 |url-status=live }}</ref> and the company's [[Android (operating system)|Android]] app was also selected as one of the top five "best apps" in a list compiled in 2010 by Jason Hiner for ''[[ZDNet]]''.<ref>{{cite web |first=Jason |last=Hiner |title=Top 25 Android apps: The best of the best |url=https://www.zdnet.com/article/top-25-android-apps-the-best-of-the-best/ |website=[[ZDNet]] |publisher=[[CBS Interactive]] |date=July 29, 2010 |access-date=February 17, 2017 |archive-date=August 28, 2019 |archive-url=https://web.archive.org/web/20190828185124/https://www.zdnet.com/article/top-25-android-apps-the-best-of-the-best/ |url-status=live }}</ref> Founders Drew Houston and Arash Ferdowsi were named among the top 30 under 30 entrepreneurs by ''[[Inc. (magazine)|Inc.]]'' in 2011.<ref>{{cite web |title=The 2011 Honorees |url=http://www.inc.com/30under30/2011/honorees.html |website=[[Inc. (magazine)|Inc.]] |publisher=Mansueto Ventures |access-date=February 17, 2017 |archive-date=January 9, 2021 |archive-url=https://web.archive.org/web/20210109000137/https://www.inc.com/30under30/2011/honorees.html |url-status=live }}</ref>
 
In 2011, ''[[Business Insider]]'' named Dropbox the world's sixth most valuable startup,<ref>{{cite web |title=The 100 Most Valuable Startups In The World, Revamped And Revised! |url=http://www.businessinsider.com/2011-digital-100 |website=[[Business Insider]] |publisher=[[Axel Springer SE]] |date=October 7, 2011 |access-date=February 17, 2017 |archive-date=November 12, 2020 |archive-url=https://web.archive.org/web/20201112033214/https://www.businessinsider.com/2011-digital-100?r=US&IR=T |url-status=live }}</ref> and in 2017, the publication ranked Dropbox as the eighth most valuable US startup, with a valuation of $10 billion.<ref>{{cite web |first=Avery |last=Hartmans |title=THE $10 BILLION CLUB: Meet the 8 most valuable startups in the US |url=http://nordic.businessinsider.com/most-valuable-us-startups-2016-12 |website=[[Business Insider]] |publisher=[[Axel Springer SE]] |date=January 2, 2017 |access-date=February 17, 2017 |archive-date=February 2, 2019 |archive-url=https://web.archive.org/web/20190202233210/https://nordic.businessinsider.com/most-valuable-us-startups-2016-12 |url-status=live }}</ref> It has been described as one of Y Combinator's most successful investments to date.<ref>{{cite web |first=Erick |last=Schonfeld |title=Who Is In The New Billion Dollar Valuation Club? |url=https://techcrunch.com/2011/06/17/billion-dollar-valuatio-club/ |website=[[TechCrunch]] |publisher=[[AOL]] |date=June 17, 2011 |access-date=February 17, 2017 |archive-date=November 17, 2020 |archive-url=https://web.archive.org/web/20201117014325/https://techcrunch.com/2011/06/17/billion-dollar-valuatio-club/ |url-status=live }}</ref> [[Apple Inc.|Apple]] launched its own [[cloud storage service]] later in 2011, [[iCloud]], but this did not hold back Dropbox's growth.<ref>[https://www.bbc.co.uk/news/business-44766487/ “How two strangers set up Dropbox and made billions”] {{Webarchive|url=https://web.archive.org/web/20210114155550/https://www.bbc.co.uk/news/business-44766487 |date=January 14, 2021 }} (July 16, 2018)</ref> In January 2012, Dropbox was named startup of the year by ''[[TechCrunch]]'',<ref>{{cite web |first=Josh |last=Constine |title=Congratulations Crunchies Winners! Dropbox Is The Best Overall Startup |url=https://techcrunch.com/2012/01/31/crunchies-dropbox/ |website=[[TechCrunch]] |publisher=[[AOL]] |date=January 31, 2012 |access-date=February 17, 2017 |archive-date=November 24, 2020 |archive-url=https://web.archive.org/web/20201124165322/https://techcrunch.com/2012/01/31/crunchies-dropbox/ |url-status=live }}</ref> and in 2016, the company was ranked #2 on the [[Forbes|Forbes Cloud 100]] list.<ref>{{cite web |title=Forbes Cloud 100 |url=https://www.forbes.com/cloud100/ |website=[[Forbes]] |access-date=February 17, 2017 |archive-date=September 10, 2016 |archive-url=https://web.archive.org/web/20160910154736/http://www.forbes.com/cloud100/ |url-status=live }}</ref>
 
Dropbox has been [[Internet censorship in China|blocked in China]] since 2014.<ref>{{Cite web |last=Leskin |first=Paige |title=Here are all the major US tech companies blocked behind China's 'Great Firewall' |url=https://www.businessinsider.com/major-us-tech-companies-blocked-from-operating-in-china-2019-5 |url-status=live |archive-url=https://web.archive.org/web/20200502023357/https://www.businessinsider.com/major-us-tech-companies-blocked-from-operating-in-china-2019-5 |archive-date=May 2, 2020 |access-date=2022-03-22 |website=Business Insider |language=en-US}}</ref><ref>JON RUSSELL. [https://thenextweb.com/asia/2014/06/19/dropbox-blocked-china-ending-four-month-period-access/ Dropbox is blocked again in China, both apps and web-based service appear affected]. {{Webarchive|url=https://web.archive.org/web/20210120012632/https://thenextweb.com/asia/2014/06/19/dropbox-blocked-china-ending-four-month-period-access/|date=January 20, 2021}}. ''thenextweb.com'' 2014-06-19. [2019-01-08].</ref>