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IPFS News Link • Technology: Software

Dropbox Shuts Down E-Mail and Photo Apps as It Gets Back to Businesses

• bloomberg.com

Cloud storage provider Dropbox is killing off two applications it introduced to much fanfare, including a photo-sharing app released last year. The San Francisco company has placed more focus recently on creating tools companies are willing to pay for, while these apps were designed with everyday consumers in mind.

The photo app, called Carousel, offered to automatically back up photos stored on a phone and display them alongside images already stored in a Dropbox account. The other app, an e-mail and task manager called Mailbox, came through an acquisition Dropbox made in 2013. The company said in a statement that features from each app will make their way into other Dropbox services.

After achieving a valuation of $10 billion in a financing round last year, Dropbox is under pressure to increase its revenue and eventually go public or sell itself. Fidelity Investments and BlackRock wrote down the stakes of their Dropbox investments this year.


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