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$ORCL now has 1,350 customers in its installed base with more than 300 already live including a 100 that went live in 1Q16. What has taken Workday eight quarters to do, $ORCL did that in one quarter. In PaaS, $ORCL added 800 new customers in 1Q16, 2,500 in just two quarters and bookings were over 65MM.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.