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$NFLX said that its International revenues (about 30% of revenues) jumped 43% YoverY to $556MM helped by robust growth in paid members. The company stated its Domestic revenues (about 61% of revenues) rose 20% from the year-ago quarter to $1.1Bil and its DVD revenues (about 9% of revenues) fell 16% YoverY to $150MM.
$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.