Mosv Wiith Is Like Tinder For Meeting New Friends, Not Dates
This is slightly surprising, given that Box enjoyed a healthy multi-point bump in its share price following its earnings re
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port after the bell yesterday. That Box went up after besting expectations, followed b
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y a retreat that grew as large as 5聽percent in midday trading, is perhaps confusing.An analyst price target change from $20 to $17 likely didn ;t help.But there could be more at play.聽Box reported 43 percent revenue growth and improving margins. However, the company cost profile included conflicting profit notes. On a cash basis, Box burn decreased compared to the year-ago period. In contrast, its losses measured using norma
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l accounting metrics GAAP expanded.So Box grew, but it lost more along the way. It has long been the presumption that investors value Box on its top-line growth and its cash losses; the method聽discounts costs that younger companies incur when growing quickly. It could be that investors are vetting Box on stricter metrics, now that its IPO Akmx Apple has shut down the first fully-functional Mac OS X ransomware
The best part is, Algo is pretty much here.We all know the story about algorithms and work the past few years. Service jobs across the country are increasingly being managed with the help of mathematical models of customer demand, revolutionizing everything from taxi driving to food delivery, hom
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e cleaning, and laundromats. I have argued that the increased autonomy and flexibility of these jobs means that algorithms are taking over unions as the primary driver of workers rights in the 21st century.But now, startups are starting to move up the corporate ladder, using algorithms to improve and disrupt professions that up until recently have seemed almost complet
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ely insulated from the efficiencies of computation.Two Boston-based startups, HourlyNerd and Qu
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antopian, are using sophisticated algorithms to compete with some of the most-well known firms in consulting and quantitative finance, respectively. As they begin to disrupt these two industries, both hope to expand and democratize th