Finally. After a decade as a privately-financed startup, Dropbox on Friday confirmed its plans to go public. The full S-1 registration statement is here, but Fortune’s Jonathan Vanian has also pulled out some of the most interesting tidbits if you need a TL;DR version. Even shorter version: Sales rose 31% to $1.1 billion last year while Dropbox’s net loss shrank 47% to $305 million. Boston VC Jeff Bussgang blogged his analysis of why Dropbox is a winner (and why he uses it as a case study in a course he teaches at Harvard Business School).
Featuring. The Mobile World Congress kicks off in Barcelona this week and several phone makers sought to get out front by unveiling their newest flagship phones. The SamsungS9 and S9+ look a lot like last year’s models but have better cameras and more capable wireless features (and they still have a headphone jack). Sonycaught up to the competition by shrinking the bezels on its Xperia XZ2. And Nokia-brand licensee HMD Global had a bunch of new models, including a high-end Nokia 8 Sirocco and a hybrid feature phone/smartphone reviving the famed Nokia 8110, which was featured in the movie The Matrix.
Forever. Apple will be storing iCloud accounts for Chinese customers on servers based in that country starting next week. The move to store data locally will also include the encryption keys needed to read the customer information, which is stored in a coded format for security. “Once the keys are there, they can’t necessarily pull out and take those keys because the server could be seized by the Chinese government,” crypto expert and Johns Hopkins professor Matt Green tells the Wall Street Journal. Meanwhile, on Tuesday, the U.S. Supreme Court will hear arguments in a case over whether prosecutors can get access to data stored overseas with a search warrant.
Figure of speech.Google is dramatically increasing the number of languages its digital assistant can understand to 30 from eight currently. Coming up next for the assistant on both Android phones and iPhones are Danish, Dutch, Hindi, Indonesian, Norwegian, Swedish, and Thai, with more to follow later this year.
False flag.Russian military hackerspenetrated hundreds of computers used as part of the 2018 Winter Olympic Games in South Korea, while trying to pin the blame on North Korea. The move to disrupt the games could have been payback for the International Olympic Committee’s drug doping-related ban imposed on Russia.
Frisson. Investment giant BlackRock and private equity firm Pamplona Capital Management have jointly acquiredPhishMe, a cybersecurity company based in Leesburg, Va., in a deal worth $400 million. The acquired firm, which started off helping to thwart phishing attacks but has since expanded into other areas, also changed its name to Cofense, a combination of “collaborative” or “collective” and “defense.”