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Eric Cox, Dropbox's chief customer officer, is stepping down to spend more time with his family, remaining temporarily to assist with the transition until mid-August. His departure follows a period of slowed revenue growth and significant workforce reductions, as the company pivots towards AI-driven tools like Dropbox Dash. This change reflects ongoing challenges in maintaining executive stability amid strategic transformations.
Vimeo, Inc. (NASDAQ:VMEO) reported a quarterly earnings per share of $0.05, exceeding estimates, with revenue of $104.56 million, down 1.6% year-over-year. Analysts have set new price targets, with Piper Sandler upgrading the stock to "overweight" and raising the target to $10.00. Institutional investors hold 84.97% of Vimeo's stock, with JPMorgan Chase increasing its stake by 18.1% in Q3.
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Dropbox chief customer officer resigns amid slowing growth and workforce cuts
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Dropbox, Inc.
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04:00 12.04.2025
vimeo sees institutional investment growth amid mixed analyst ratings and performance
09:08 24.01.2025
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