US-Iran war Trump tariffs CJP protest in Delhi World Brain Day

Dropbox may be readying an IPO; likely to have confidentially filed for the move

Dropbox is in talks with other banks to fill additional roles on the IPO and is aiming to be listed in the first half of 2018

|Jan 12, 2018, 20:30:37 IST

Data-sharing business Dropbox Inc has filed confidentially for a US initial public offering, a source close to the matter said on 11 January.[caption id="attachment_4109709" align="alignleft" width="380"] Image credit: Dropbox[/caption]The IPO will be led by Goldman Sachs Group Inc and JPMorgan Chase & Co, Bloomberg reported earlier, citing people familiar with the matter.Reuters reported in June that the company, valued at almost $10 billion in a private fundraising round in 2014, was seeking to hire underwriters for an IPO.Dropbox is in talks with other banks to fill additional roles on the IPO and is aiming to be listed in the first half of 2018, the Bloomberg report said.Dropbox could not be immediately reached for comment.

Why AI notetakers are raising serious privacy and security concerns

AI notetakers promise effortless meeting summaries, but experts warn they could expose confidential conversations, corporate secrets and personal voiceprints. As businesses increasingly adopt AI-powered meeting assistants, questions over data storage, privacy, consent and legal risks are becoming impossible to ignore

5 min read

China's low-cost AI models are changing the global AI race. Here's why Silicon Valley is worried

As Chinese firms continue to improve performance while keeping prices low, the AI race is no longer just about building the smartest model—it is increasingly becoming a battle over who can deliver the best value

2 min read

China's Kimi K3 challenges US AI leaders with frontier-level performance at lower cost

Chinese artificial intelligence startup Moonshot AI has unveiled its latest open-weight AI model, Kimi K3, with early results suggesting it could compete with some of the world's most advanced AI systems developed by leading US companies

2 min read

How did Instagram run ads promoting child abuse in India?

India has issued a notice to Meta after an investigation alleged that Instagram displayed paid advertisements promoting child sexual abuse material. MeitY ordered Meta to remove such Instagram ads and explain within seven days how they were approved

8 min read

Why has India halted WhatsApp’s username feature before launch?

India has halted WhatsApp’s planned username feature, citing concerns about cybercrime, impersonation, and law enforcement challenges. As Meta races to address security concerns, here’s why MeitY has paused the rollout, what the feature does, and how it could influence privacy and online safety in India

3 min read

Up Next