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$EMC's consolidated product revenues for 3Q15 declined by 4% from last year, primarily due to the decrease in Information Storage, somewhat offset by an increase in VMware Virtual Infrastructure. Product revenues for 9 months ended Sept. 30, 2015 slid 3%, primarily due to decline in Information Storage as well as VMware GSA settlement charge.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.