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News: Share prices drop in after hour trading. Salesforce displayed continued growth in its 2017 second quarter financial results. The CRM company reported Q2 revenue of $2.04 billion, up 25% year-over-year as subscription and support revenues reached $1.89bn, an increase of 24% year-over-year. Professional services and other revenues stood at $151 million, an increase of 33% year-over-year.

News: Revenue continues to grow. Online file sharing and content management outfit Box took a step closer to becoming a profitable company according to its Q2 2017 financial results. Revenue in Q2 stood at $95.7 million, up 30% year-over-year, while billings increased by 34% year-over-year to hit $106.5m.

Analyst house Gartner's Errol Rasit takes a walk through 5 US server players. In terms of market share, HP had significantly high revenue than any other vendor at $3.2bn in the second quarter of 2014, with 25.1% of the market, up 3.2% from 2013.

The telecoms sector is undergoing a series of fundamental transitions, including challenges such as OTT and new revenue streams such as the IoT and M2M market. In particular, there is a battle to be fought between telecoms and internet companies over how much of the value chain they will control.

Company plans to generate €600 million in revenue by 2018 from doing IoT business.

The company could still lose advertising revenue.