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$FB 2Q15 Call: Ad revenue grew 43% YoverY. Mobile ad revenue grew 74% YoverY. Generated $4Bil in revenue and $1.3Bil in free cash flow. Regionally, saw strong North American ad revenue growth of 55% and APAC growth remain strong at 48%. Europe and rest of world ad revenue grew at 30% and 22% respectively. Avg. price per ad increased 220%.
$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.