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Timothy Horan of Oppenheimer asks about $RAX's marketing strategy. CEO Taylor Rhodes said the primary marketing goal is to build market power behind the managed cloud business led by $RAX's leadership position in AWS and Azure. So a lot of the marketing program spend has shifted toward brand awareness and demand generation in these areas.
$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.