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Dropbox will be in business by acquisition. How about Microsoft acquiring dropbox? Their onedrive is not as good as dropbox and will surely help in their cause.
by itsbits 11y ago
Dropbox will be in business by acquisition. How about Microsoft acquiring dropbox? Their onedrive is not as good as dropbox and will surely help in their cause.
- toomuchtodo 11y agoApple. Please Apple. Replace your iCloud abomination with Dropbox when the time comes.
- ErikAugust 11y ago"In 2009, Steve Jobs wanted to pay more than a hundred million dollars for Dropbox. As Houston later told Forbes’ Victoria Barret, when he politely turned down his hero’s offer, Jobs declared that Dropbox was a feature, not a product." https://pando.com/2012/02/26/steve-jobs-was-right-dropbox-is-a-feature-not-a-product/ https://pando.com/2012/02/26/steve-jobs-was-right-dropbox-is...
- toomuchtodo 11y agoThanks for the link. I recall when that initially occurred. I'm going to get a chuckle if it ever goes through, vindicating Jobs posthumously.
- rpgmaker 11y agoThat acquisition would've sucked for non-Apple dropbox users.
- bad_user 11y agoIf Microsoft and Apple weren't able to build good alternatives, what makes people think that they won't fuck up an acquisition? Clearly storage for them isn't a priority. So I don't get it. But then I wasn't much into sports either.
- toomuchtodo 11y agoBuilding something is hard. Writing a check is easy. Apple could easily make the payout contingent on a smooth integration. Apple could even have a foreign subsidiary purchase Dropbox, thereby allowing for full use of its external profits it hasn't brought back to the US due to taxes. That's the benefit of cash. It solves almost every problem.
- jalonso510 11y agoI'm not a tax expert, but I think dropbox would have to be a foreign company in order for them to purchase it with foreign cash and avoid tax problems.
- ascagnel_ 11y agoApple would effectively be shifting the tax burden onto Dropbox, since it would be up to Dropbox to repatriate the funds.
- gamblor956 11y agoThey have rules to prevent this. See IRC Section 956. In essence, the use of a foreign sub to acquire a US company would be treated as a deemed dividend back to Apple.
- toomuchtodo 11y agoToday I learned! Thank you for sharing!
- gerbilly 11y ago>Replace your iCloud abomination with Dropbox when the time comes. Sure, but if they did who says they will let you write files directly to Dropbox? They'll probably have you store your stuff in a hundred different crappy SQLLite databases tied to iNamed applications on your phone and Macbook, just like they do now.