Dropbox reportedly secures a $600 million credit line

Preteen unicorn Dropbox requirement some currency real quick, so the company only procured a $600 million personal credit line according to a new Bloomberg report. This “couldve been” the companys last-place funding round before its initial public offering.

According to Bloomberg, Dropbox is thinking about going public before the end of the year. According to what weve heard, the timeline isnt set in stone yet.

So what could Dropbox do with $600 million? First of all, its a good cushion of fund. If Dropbox needs to acquire a scary competitor or faces some unexpected costs, there will be enough fund on the companys bank account.

It also dedicates greater flexibility for the initial public offering. Dropbox could take advantage of this credit facility and push back its IPO a bit, or it could leave this path untouched and go public soonish.

Either way, Dropbox is now free-cash flow positive with a revenue lead rate projection of$ 1 billion for this year. Not bad, Dropbox , not bad.

Dropbox has been starting after big companies with lucrative bargains while cutting expenditure by constructing its own infrastructure. The corporation previously relied a lot on Amazon Web Services. Dropbox has built its own data centres since then.

Snap has basically taken an opposite stance by committing$ 2 billion over five years for Google Cloud infrastructure. It was listed as a risk factor in Snaps IPO filing. Future Dropbox investors will appreciate Dropboxs independence on this front.

The company could use part of this credit facility for infrastructure investments. Having its own infrastructure is great, but its also capital intensive.

JPMorgan, Bank of America, Deutsche Bank, Goldman Sachs, Macquarie and Royal Bank of Canada all participated in todays credit facility. One of those banks could end up underwriting the Dropbox IPO, so Dropbox probably negotiated favorable terms.

Read more: https :// techcrunch.com/ 2017/03/ 30/ dropbox-has-reportedly-secured-a-6 00 -million-credit-line /

Roger Federer fights off match points to tame Tomas Berdych at Miami Masters

Fourth-seeded Federer improves to 19 -1 this season by realizing off Berdych to advance to Miami Open semi-finals

Roger Federer and Caroline Wozniacki rolled through the first few matches of the Miami Open, never facing any significant challenges.

That changed Thursday, and both survived.

The fourth-seeded Federer opposed off two match points before beating No10 Tomas Berdych 6-2, 3-6, 7-6( 6) in a quarterfinal matchup. Wozniacki rallied with much less drama, the No12 seed topping second-seeded Karolina Pliskova 5-7, 6-1, 6-1 to reach the final at Key Biscayne for the first time in her 10 appearances at the tournament.

Im happy today to have come through somehow, Federer said. I emphatically get very lucky at the end. But I guess I evidenced great heart today, Tomas actually was beginning to stair it up and it was a great equal at the end.

Federer is now 4-0 in tiebreakers at this tournament , none of the first 3 as pressure-packed as the one he required Thursday. He was providing for the equal at 5-3 and get transgressed, had a match point in the next play and couldnt convert, then was down 6-4 in the breaker before winning the final four points.

I just lost by one point. Thats what happened. Very simple-minded, very straightforward, Berdych said. He was the one providing out the equal, didnt make it. I had a match point, didnt make it. I had two, didnt make it. So what else to announce?

Federer a two-time champion at Key Biscayne and now 17 -1 in 2017 will play either No12 Nick Kyrgios or No16 Alexander Zverev in the semifinals on Friday. Kyrgios and Zverev were scheduled to play their quarterfinal afterward Thursday.

Wozniacki got her trouble out of the course early, winning 12 of the final 14 plays in her semifinal matchup.

This is one of the few tournaments where Ive never made a finals, Wozniacki said. I guess my best good result here was semifinals five years ago. Its always been a tournament where I wouldnt announce I strive, but Ive simply not had research results I wanted.

Thats not the case this year.

The part-time South Florida resident she has a region in nearby Miami Beach, rules at Key Biscayne sometimes, even has been courtside at Miami Heat plays was clearly the fresher player as the equal unfolded on a sunny, 80 F afternoon. She wasted three fixed degrees in the opening fixed, won the first three plays in the second fixed and deterred rolling.

I got a good start to the second set and that kind of got me fired up, Wozniacki said.

In Federers case, the second determined is where things started moving awry.

He needed only 26 times to take the first fixed, before Berdych battling through a gimpy left ankle located his stride. Federer transgressed for 4-2 in the third largest, was providing for the equal at 5-3 and get transgressed at enjoy, then let a match point get away later.

But he held on, joining Rafael Nadal and Fabio Fognini in the semifinals.

Sick atmosphere, Federer told the crowd subsequently. Thanks for making it very special.

This will be the second consecutive occasion two double-digit seeds stimulate the womens final at Key Biscayne, after No13 Victoria Azarenka beat No15 Svetlana Kuznetsova a year ago.

No1 1 Venus Williams and No10 Johanna Konta were to play for the other spot in the status of women final afterward Thursday night.

Its exceedingly special, Wozniacki said. Having a region here, training here in the offseason, playing kind of on dwelling advantage, its special is still in my first finals here. Im exceedingly excited.

Read more: https :// www.theguardian.com/ athletic/ 2017/ disfigured/ 30/ roger-federer-tomas-berdych-miami-masters

Scheduled is a new app that lets you schedule your text messages

Want to remember to tell a friend happy birthday, good luck or congratulations? Had a follow-up topic for a patron that merely passed to you at1 AM? Want to write a heartfelt thank you to be texted at a later date? Unfortunately, neither SMS nor most messaging apps including iMessage allows researchers to draft a textin advance and planned it to be sent out on a later date. But a brand-new iOS application called Scheduled can help.

To be clear, the app does not actually schedule texts forautomatic sending.

For that, youd is a requirement to hackyour iPhone and use one of the jailbreak appsinstead. Apple does not allow for this functionality, officially.

What Scheduled does is offer an App Store-approved workaroundfor scheduling texts.

The app itself is simple and straightforward to use.

You first select the person you want to text from your Contacts, then write the text you want to send and select the time you want to be reminded to send the text. When that time rollers around, Scheduled is sending out a move notification in order to be allowed to return to the app to send the text.

After sending, a quick swipe will delete the reminder from the apps queue.

Scheduled isnt merely for SMS or iMessage, nonetheless it also supports messaging apps like Telegram, WhatsApp, Messenger, Twitter, and it allows you to copy the messages text to paste it into any other app of your option. It can be used for be borne in mind of emails or phone calls, too.

Further down the road, Scheduled plans to add is supportive of LinkedIn and Slack, and it will roll out a few tweaks to the sending pour, Apple Watch integration, and Android support at some point.

To be fair, there are other text content scheduling apps on the App Store, but Scheduleds interface is clean and modern, compared with those Ive read previously.

compose message text – en @1x

overview text – en @1x

send with text -en @1x

Evertons Romelu Lukaku is a traditional No 9 who could play in any era

Romelu Lukaku, a centre-forward for any age, has had another fine season for Everton and has used his pace and majority to make no end of difficulties for defenders

There is much about modern football that would bewilder a guest from 100 years ago. Even after they had got used to the lightweight kit, the ball that bent and veered and did not absorb sea as the game went on, the firm and grassy tars, the goalkeepers in latex gloves and the extraordinary costs of everything, they would still be puzzled by how the game was played.

Why all the defenders? And why did they all play so far from their purpose? And what was the goalkeeper doing reaching that far out?( Get back! Youre not Leigh Roose !). And why did so many strikers play like GO Smith of the Corinthians, falling deep all the time? But Everton would provide him with some solace.

All the seats and the blue plastic might embarrass him but the Archibald Leitch latticework along the front of two stands would be familiar. And then they would meet Romelu Lukaku and recognise a musician they understood absolutely.

Lukaku is a striker as old-time as football itself. This is what centre-forwards have always done. They are big-hearted and rapid and powerful. They stand around the box. They win headers. They score goals. From Dixie Dean to Didier Drogba, this is the image of the No9. Football is a sport that has undergone countless changes in its century and a half of codified universe. Other outlooks have been evolved beyond all recognition. It is one of the largest strengths of football that it can be played in so many modes. But however many variants of the centre-forward there now are, from poachers to false-hearted nines, there will always be a region in the game for strikers who can outpace and outmuscle the opponent and rating goals. Lukaku stands in the oldest of traditions.

The Belgium strikers 21 league goals this season “re all the” most impressive when it is borne in mind that he does not take Evertons penalties. He has scored a free-kick but his other 20 goals have all come from inside the box, nine with his left foot, six with his right and five with his head. It is that aerial ability that sets him in the lineage of the traditional centre-forward: he wins 3.6 duels per play, the ninth highest figure in the league for a forward.

There are doubts about him. He can fade out of plays. He remains something of a mood musician, although it should be remembered that he is still merely 23: merely Robbie Fowler, Michael Owen and Wayne Rooney have reached 50 Premier League goals at a younger age. Age may deliver its consistency, although his three younger predecessors suggest it may merely bringing heavier limbs.

His first touch can be heavy. Merely nine musicians have been dispossessed more than him this season, although considering the fact that listing includes Diego Costa, Alexis Snchez, Raheem Sterling and Sadio Man, that stat perhaps says little more than that he plays as a forward. Fewer than two in three of his pass find their target. If touch can be measured by how often poor command has expenditure him possession, Lukaku actually grades relatively well: he is only the 21 st worst offender, behind Man, Sanchez, Zlatan Ibrahimovic, Sergio Agero, Paul Pogba, Harry Kane and Diego Costa.

His zone of operation is bracingly old-fashioned: no outfield musician extended less than him last-place season. Although Ronald Koeman has tried to encourage him to lead the press, the compared to his opposite number on Saturday is telling: Lukaku leads an average 2.8 km per play less than Roberto Firmino. The advantage of that is perhaps seen in the fact that 10 of his goals have come in the final quarter-hour of plays. If he extended more earlier in the game, would lessen freshness attain him least effective in those closing minutes?

And that, perhaps, is more intriguing of the doubts about him. Ibrahimovic expresses fondly in his autobiography of getting to Juventus where Fabio Capello promised to knock Ajax out of your form and encouraged him to haunt the box, places great importance on goalscoring.

Koeman now, without the pressure of Ajaxs expected mode of play as represented by his technical director Louis van Gaal is a more relaxed figure, more prepared to let Lukaku be the musician he is rather than the musician the system challenges he is expected to be, but that post-Cruyff logic remains reigning at many of Europes top clubs.

Lukaku, for example, could not successfully change regions with Firmino, who builds eight times bigger tackles per play. Nor would he fit in at Tottenham, Manchester City or Barcelona. A club of Evertons stature will bend to accommodate a flair like Lukaku; the absolute elite will not. That is why, with his new contract unsigned, the two associations contributing the queue are Chelsea and Manchester United, both of which, under their current managers, would prioritise goals over assimilation.

But he is far from unique in that. Just because Lukaku is not a modish type of forward does not mean that he is not an extremely effective one. And if the visitor from 100 years ago wanted to take him back, he would be effective then as well.

Read more: https :// www.theguardian.com/ football/ 2017/ disfigured/ 30/ everton-striker-romelu-lukaku