Mean by the shared Mobility Device Service. So these are not meant to that definition is not meant to cover personally owned devices or devices that are used by an individual. Rather, theyre shared and used in the public space, either stored or operated. Our general definition is that its a mobility device or group of devices that are capable of carrying ten or more people separately or together. We were looking at something that wasnt just the number of devices but potential impact it can have based on the size or the ability to carry people. The second part is the establishment of the proof of concept authorization. So while the division one changes would create the prohibition on operating without a permit or approval by the city, the proof of concept authorization would provide the clear path for a company to work with the city. Within the transportation code, it would describe the basic requirements, the requirement for an application, a testing plan, the ability to require fees f
Individual. Rather, theyre shared and used in the public space, either stored or operated. Our general definition is that its a mobility device or group of devices that are capable of carrying ten or more people separately or together. We were looking at something that wasnt just the number of devices but potential impact it can have based on the size or the ability to carry people. The second part is the establishment of the proof of concept authorization. So while the division one changes would create the prohibition on operating without a permit or approval by the city, the proof of concept authorization would provide the clear path for a company to work with the city. Within the transportation code, it would describe the basic requirements, the requirement for an application, a testing plan, the ability to require fees for both application and, if approved, for the Ongoing Administration of the program. Finally, it would establish fines and authorize the agency to terminate if the
This morning on 250 billion worth of chinese goods set to go in effect on october 15th, going fun fact 1 in 4 of us millennials have debt we might die with. In effect october 15th, washington extending olive and most of that debt is actually from credit cards. Branch of sorts, granting its just not right. Licenses for some u. S. But with sofi, you can get your credit cards right companies, some companies to do by consolidating your Credit Card Debt business with hauwei all of this into one monthly payment. As creep authoritarian rule you can get your Interest Rate right by locking in a fixed low rate today. Seems to be getting closer and and you can get your money right. With sofi. Closer to american business, i mean, you are seeing china bully check your rate in 2 minutes or less. American Companies Across the board, apple just caved to get a nofee personal loan up to 100k. Business, he wrote great oped this morning act activation blizzard, whats your take on this . Revealing how thug
I want to start off by sort of taking the temperature here. I want you to listen to what the former twitter ceo had to say. Frothy. Word association. Late stage private valuations are quite high. Its just too crazy right now. Its got all the sort of hall marks of that 20002001 where you are like this is getting it feels like that with just the prices youre seeing being paid for things that dont even feel like they are really working at scale yet. Those were interesting comments yesterday. Do you dproagree . Its a good place to start to not disagree with dick when it comes to perspective on Silicon Valley. However, i would say comparing it to 2000 and 2001, we are under two on the ten year. Multiples are an inverse of that. I look at it. Our Gross Software index is off 30 from the highs. Certainly, we can point to examples. Were going to talk about them today of late stage private valuations that are high. We have a tremendous amount of capital. But i would say as a general matter, i do
Nasdaq higher, 20 points s p 500 up a little over 1 point. This comes after declines for the major indices in yesterdays session. Dow, s p and nasdaq each closed lower by 1 . The s p 500 closing below its 50day moving average for the First Time Since march 28th. Look at treasury yields. See where theyre standing right now. The tenyear note at 4. 182 and the twoyear at 4. 908 , just below 5 . The tenyear yesterday hit 4. 2684 core inflation remained at 6. 9 , unchanged from the prior month, slightly above forecast. Pay growth continued to pose headaches for policymakers as wages grew 7. 8 in the quarter that ended in june were watching shares of cava this morning sharply higher the mediterranean restaurant chain reporting earnings per share of 21 cents since going public swinging to profitability from a net loss in a year ago quarter. Revenue of 173 million Beat Estimates of 163 million. Same store sales rose 18. 2 . The cfo attributing some of the strong traffic to increased Brand Awar