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Jessica Reif Cohen of BofA ML asks about the sub decline in Turner. Turner CEO John Martin replied that $TWX is seeing continued subscriber declines in the US at similar rates as it has experienced in the most recent quarter, approaching about 2%. He added that some networks have experienced less declines, but no more than 2%.
$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.