Should Smith move to install directors there is a good chance he will succeed -- and push for M&A.
Today's top stories: European Union accuses Amazon of getting illegal tax advantages, Yahoo says its security breach is even bigger, and PepsiCo beat Wall Street Earnings expectations.
When companies are breached, they are required by the SEC and state regulatory agencies to reveal the compromising incident, but the rules are vague and fraught with loopholes.
Alibaba has the home field advantage in China as it launches a Chinese language-enabled home speaker.
Expect money to flow out of overvalued stocks like Amazon and Tesla and into something more rationally priced.