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Semiconductor solutions developer $IDTI said that 4Q16 marked the company's 10th consecutive quarter of YoverY revenue growth. Non-GAAP GM was 61.8% and operating margin came in at 27.4%. The company said that 4Q16 Communications Infrastructure revenue was down 7% sequentially or 3% after adjusting for the last-time buys of legacy products.
$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.