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Real estate data company Reis sues over alleged online report theft

September 9, 2015 creative armada, business, chief-executive, database-online, francisco, iphone, mortgage-debt, over-three, wednesday

NEW YORK (Reuters) – Reis Inc, a commercial real estate data provider, on Wednesday sued Armada Analytics Inc, accusing it of downloading at least 1,562 reports over three years from its proprietary subscription database without paying for them. Armada, a commercial real estate services provider specializing in mortgage debt, was accused of misappropriating login credentials to access Reis’ database online, and continuing to obtain reports through Reis subscribers after payment was demanded.

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Cloud storage company Box raises full-year forecast for second time

September 9, 2015 publisher 286-million, 290-million, 297-million, armada, business, chevron, chevron-corp, expects-full, iphone, its-full-year, more-customers, mortgage-debt, second-time, thomson-reuters

(Reuters) – Cloud storage provider Box Inc reported a better-than-expected rise in quarterly revenue and raised its full-year revenue forecast for the second time as more customers subscribed to its content-sharing platform. Box expects full year revenue of $295 million to $297 million, up from $286 million to $290 million, it said in a statement on Wednesday