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$ADSK said its total subscriptions rose by approx. 109,000 sequentially to 2.58MM at 4Q16-end and new model subscriptions rose by approx. 62,000 to 427,000. Total annualized recurring revenue (ARR) was $1.38Bil, up 10% vs. 4Q15 as reported and 12% on a constant currency basis. Total billings rose 15% YoverY.
$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.