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This 20-Year-Old Emailed Mark Cuban, Got $350K — Now His Company Is Worth $4.6 Billion
Saturday, May 31, 2025 - 1:39pm | 457A cold email to billionaire Mark Cuban by Aaron Levie, co-founder cloud storage and file-sharing business Box, was the catalyst for the company’s current valuation of $4.6 billion. What Happened: Back in 2005, Levie, then a University of Southern California student, was on the hunt for...
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Box CEO Compares AI With Mobiles In Mid-2000s — And Elon Musk Couldn't Agree More
Wednesday, July 19, 2023 - 7:16am | 576Box, Inc. (NYSE:BOX) CEO Aaron Levie drew a striking analogy between the current state of artificial intelligence and the mobile industry in the mid-2000s, gaining Elon Musk’s agreement. What Happened: While generative AI platforms like ChatGPT’s ...
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Roe Vs. Wade Ruling: Elon Musk Among Tight-Lipped Executives, But These CEO Are Taking A Stance
Saturday, June 25, 2022 - 3:03pm | 1221The U.S. Supreme Court on Friday overturned the 1973 Roe vs. Wade ruling that legitimized a woman's constitutional rights to abortion. The verdict polarized the nation, with people aligning themselves on either side of the debate. Among corporate executives, some decried the ruling even as a...
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Why Box Shares Are Rising
Wednesday, December 1, 2021 - 12:00pm | 419Box Inc (NYSE: BOX) is trading higher Wednesday after the company announced better-than-expected fiscal third-quarter 2022 financial results, issued guidance and increased its buyback. Box reported quarterly earnings of 22 cents per share, which beat the estimate of 21 cents per...
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'Wild Times,' Says Elon Musk As Tesla, SpaceX Combined Valuation Shoots Past $500B
Friday, November 20, 2020 - 4:03am | 401Tesla Inc (NASDAQ: TSLA) and SpaceX CEO Elon Musk reacted to a post on social media, which made reference to the two companies’ worth now being over $500 billion. What Happened: “Wild times!” said Musk to the Twitter user and magician Aaron Levie who made a reference to Musk...
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Box Falls Despite Q2 Earnings Beat
Wednesday, August 28, 2019 - 4:20pm | 196Box Inc (NYSE: BOX) shares are lower despite reporting a second-quarter earnings beat. The company reported breakeven earnings, beating estimates by 2 cents. Sales came in at $172.5 million, beating estimates by $2.98 million. The company also issued strong 2020 sales guidance. "We made...
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Box CEO Calls Trump's Tweet 'Bonkers'
Friday, August 23, 2019 - 3:36pm | 257Aaron Levie, the CEO of Box Inc (NYSE: BOX), was not so pleased with President Donald Trump’s tweet that said U.S. companies should "start looking for an alternative to China." On Friday morning, China made an announcement that it will impose an additional 5% to 10% tariffs to $75...
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Why ZTO Express' IPO Has Failed To Sparkle
Friday, October 28, 2016 - 11:10am | 398ZTO Express Inc (NYSE: ZTO), the largest U.S. IPO of a Chinese company since Alibaba Group Holding Ltd (NYSE: BABA), had a disappointing market debut on Thursday, closing down about 15 percent from its IPO price. No company wants to start out by making a negative first impression on public...
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Box Gets Bump From Partnership With IBM
Wednesday, June 24, 2015 - 11:17am | 326Box Inc (NYSE: BOX) shares jumped Wednesday after the cloud storage company unveiled a partnership with International Business Machines Corp. (NYSE: IBM). Financial terms weren't disclosed, but the companies said they will jointly market Box's cloud content collaboration platform...
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Cheaper Infrastructure Prices Are Good For Box: CEO Explains
Tuesday, April 28, 2015 - 12:57pm | 388The cloud and cloud storage space has seen significant price cuts in the past few years. For a company that solely depends on such services for its earnings, price cuts would logically reduce growth and profitability. However, Box Inc (NYSE: BOX) CEO Aaron Levie thinks otherwise. Levie was on CNBC...
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Box Files For Initial Public Offering
Tuesday, March 25, 2014 - 11:15am | 629Enterprise-focused cloud-based file-management service Box said Monday, via tweet that it was planning a $250 million IPO. A short while later, re/code said the filing had gone live. Box launched in 2005 as an academic project created by CEO Aaron Levie in his dorm room at USC. According...
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Thinking Inside Aaron Levie's Box
Thursday, April 25, 2013 - 8:54am | 481Box has been a leader in online file sharing and management via the Cloud while investing major time in securing it. With over 150,000 businesses using the service, Box co-founder and CEO Aaron Levie appeared on CNBC's Squawk Box Thursday morning and addressed the security eScares seen recently (...