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The business review site $YELP posted a YoverY revenue growth of 40% in 3Q15, helped by local advertising and transactions revenues. For the quarter, local advertising revenue grew 36% whereas transactions revenue grew 795%, primarily due to Eat24 acquisition.
$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.