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San Jose, California-based company $ADBE generated revenue of $1.31Bil in 4Q15, an increase of 22% YoverY. This growth was driven by a 34% YoverY growth in Digital Media revenue, which represented 67% of total revenue for the quarter. Digital Marketing revenue grew modestly to $382.7MM and Print & Publishing revenue rose to $48.4MM in the quarter.
$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.