Group items tagged

The transaction, which is expected to be completed by the first half of 2017, will be financed with cash-on-hand.

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.

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.

San Francisco's BART system is overhauling its rolling stock for the first time since it launched in 1972. Up to 1,000 new cars will be introduced between 2017 and 2023 as the original cars are phased out. Abi Millar finds out how these new railcars are being designed to meet today's transport needs, and examine how real-world testing is informing the final product.