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$EA said that cash & short-term investments at the end of the quarter were $3.23Bil or approx. $10.42 per share, of which 51% is held on-shore, down from 57% held on-shore last quarter. The difference being partly driven by stock repurchases and settlements of early redemptions of our convertible notes.
$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.