Box has secured $100 million in funding at a valuation of about $2 billion, said chief executive Aaron Levie, as new international investors plan to help the online storage provider expand outside the U.S.
Microsoft on Thursday took action against what it says is a major ad-fraud 'botnet,' working with law enforcement overseas to cut off communication links to servers considered the mega-brain for an army of zombie computers.
The Securities and Exchange Commission asked struggling retailer JC Penney to provide information on a controversial September stock offering that sent its shares plummeting when the sale was disclosed.
Big Lots Inc. disclosed a plan to exit the Canadian market, as the retailer conceded its efforts to turn around a business it acquired in July 2011 were unsuccessful. The company also lowered expectations for overall worldwide results this year.
Spotify AB is planning a free, ad-supported version of its streaming-music service on mobile devices, according to people familiar with the matter, after previously making mobile users pay a monthly fee