Bank of America CEO: Our Efficiency Is Driven By Technology

“It’s absolutely a fair statement that we are actually a technology company that is really fabulous at banking,” says Bank of America CEO Brian Moynihan. “Our efficiency is driven by the technology enablement of the consumer and wealth management companies and it’s always more efficient to serve it that way. So that 57 percent efficiency ratio, that’s enabled by technology.”

Our Machine Learning Platform Helps Brands Retain Their Customers, Says Medallia CEO

“We’re a platform that helps some of the biggest brands in the world really understand their customers in live time and communicate with them while they’re in an experience,” says Medallia CEO Leslie Stretch. This helps them retain their customer and perhaps sell them another experience. It’s this machine learning platform that does that.”

Facebook’s Libra Is a Force For Good, Says PayPal Co-Founder

“In general, Libra is a force for good,” says PayPal Co-Founder and Affirm CEO Max Levchin. “It’s a really interesting experiment. I’m glad they’re doing it in a way that isn’t just Facebook because of all the headwind that Facebook has experienced with the regulators.”

We’ve Seen Active Buyers Consistently Grow, Says eBay CEO

“The most important thing that we look at is the underlying health of the marketplace,” says eBay CEO Devin Wenig. “For me, that really comes down to three things. It’s how many people are shopping with us? How many people are selling with us? And how much inventory is in the marketplace?”

Does Netflix Have Enough Stuff To Keep Us Coming Back?

“Do they have enough stuff that’s good enough to keep us coming back?” asks Michael Pachter of Wedbush. “I actually think all these metrics they’re giving us on the crap shows are telling you that people are willing to watch whatever they throw at them because they’re running out of really great stuff to watch.”

Turo Car-Sharing App Gets $250 Million From IAC To Take On Car Rental Industry

“As we continue to grow and invest in our brand more and more people are sharing their vehicles,” says Turo CEO Andre Haddad. “With our app, you can actually share your car so that you can earn money when you’re not using your car. We’re hoping to be in the next few years in the same realm as ride-sharing and home-sharing.”

It Doesn’t Really Matter What Microsoft Does, Says Slack CEO

“Whatever Microsoft does we’re still going to do the same thing that we would do for customers,” says Slack CEO Stewart Butterfield. “If the performance of our applications, like the number of milliseconds it takes to startup, is an important…

There’s So Much Investor Subsidy In The Delivery Business Model, Says Domino’s CEO

“What we’re going to see here in the near term is that there’s so much investor subsidy into that (delivery) business model right now,” says Domino’s CEO Ritch Allison. “We don’t know how that’s going to shake out once consumers actually have to pay the full cost of that delivery because those fees are quite substantial relative to the cost of the underlying food.”

AT&T CEO On IBM Alliance: It’s Wide, It’s Deep, It’s Formidable

“Everything we do is laser-focused on growth opportunity out in the market, cost reduction internally, and transforming ourselves into a simpler operation which then transitions into both cost and customer effectiveness,” says AT&T Communications CEO John Donovan. “This meets that hurdle. It’s wide, it’s deep, it’s formidable.”

It Is a Multi-Cloud World, Says VMWare COO

“VMWare allows the datacenter to act like a public cloud,” says VMWare COO Sanjay Poonen. “It is a multicloud world. While AWS will be first and preferred for us, we want every customer that has VMWare in the private cloud…

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