Qi Lu speaks during a keynote session at the Microsoft Developers Build Conference in San Francisco, California, U.S. on March 31, 2016.

Y Combinator to set up China arm with ex-Baidu COO Qi Lu as CEO

David Paul Morris | Bloomberg | Getty Images Qi Lu speaks during a keynote session at the Microsoft Developers Build Conference in San Francisco, California, U.S. on March 31, 2016. American start-up incubator Y Combinator is setting up shop in China, with a new unit to be led by former Baidu chief operating officer Qi […]

The silhouette of Drew Houston, chief executive officer and co-founder of Dropbox Inc., is seen walking on stage during an event in San Francisco.

Dropbox down nearly 10 percent after COO departs

David Paul Morris | Bloomberg | Getty Images The silhouette of Drew Houston, chief executive officer and co-founder of Dropbox Inc., is seen walking on stage during an event in San Francisco. Dropbox was down nearly 10 percent by the close on Friday, following its announcement on Thursday that chief operating officer, Dennis Woodside, will […]