I have a Dropbox account and use it to store a lot of my cloud-based documents. Dropbox emailed its users late last week, announcing changes to its Terms of Service, including the addition of an arbitration clause. Notably, the clause included submission of disputes to the AAA for arbitration, a right to opt out within 30 days, an agreement that Dropbox will pay all arbitration fees for claims of less than $75,000, a “bonus” payment of $1,000 if the award is greater than any Dropbox offer...
Code-cranking visionary Drew Houston (pronounced like the Manhattan street, "how-stun," not like the Texas city) is attaching a rocket to the back of his San Francisco-based company Dropbox by launching a new product tailored for businesses to manage their professional and personnel information.
Dropbox first grew popular among college students who used it to store documents and access updated versions via the cloud, anywhere and from any device. After building a base of 200 million accounts,...
