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$MSFT's phone revenue for 1Q16 declined 54% in constant currency reflecting its updated strategy. Search advertising revenue excluding traffic acquisition costs grew 29% in constant currency with Bing U.S. market share benefiting from Windows 10 usage. Xbox Live monthly active users grew 28% to 39MM.
$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.