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$NFLX said the company had total membership of 81.5MM in 1Q16, of which 42% were now outside of the US. US revenue rose 18% YoverY, reflecting 14% growth in average paid memberships. $NFLX expanded the Netflix service to 130 new countries in January.
$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.