Earnings. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. Came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards. Rofitability we see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that autonomy is just so far out. Tom, uber said the losses would decline next year. Both have indicated the price wars would s
Inspections. In urban environments like San Francisco, we look at every pole every year. We do an inspection of that pole. We visually identify safety and reliability issues. If there are attachments on the poles, we will make sure there is poleloading calculations. Then we have our pg e pole inspection routine program. Thats an inspection we do for everybody. And then every five years we do a detailed inspection of poles and all the associated equipment. For facilities located underground, we do that inspection every three years. We also make minor repairs. In addition, the requirements of a patrol, our detailed inspections, are also used to identify potential go 95 violations that mr. Palmer discussed, and well make those repairs as necessary. The xurenunder cpuc go 165, tha means it needs to be looked at every year. We do the boring down every ten years. Weve been doing this more and more because we have seen these attachments put on poles. We have seen we call them unauthorized att
And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that autonomy is just so far out. Tom, uber said the losses would decline next year. Both have indicated the price wars woul
And double digits, softbank announced its second vision fun after its wildly popular first tech fund. How it is changing up the landscape. First, our top story, uber out with secondquarter results including a 5. 2 billion loss. Sales, bookings, and monthly users all missing estimates. Shares down to the lowest level since may. Here to crunch the numbers and break down uber eats an active users is Mandeep Singh of bloomberg intelligence. Payment fairly disappointing, what is your biggest take away . I think it was just a revenue miss, and part of that was related to the use of subsidies in their ridesharing business, i the food business. I think they have been using subsidies for a while. They have been seeing pricing pressure because uber eats is a very fragmented market. On the core ridesharing side, i think theyre doing fine. It is just the law of large numbers is catching up. To me, it looks fine. Emily i should add that the adjusted loss was lower than anticipated, 656 million vers
Of course as you heard earlier, this was developed over years of workshops and reviews and collaboration between all of the utilities. So on this slide, im just kind of going over the attachments and what we do. At t is attached to approximately 26,000 poles in San Francisco. Now, of those, 2,000 are solely owned by at t. The majority we are coowners with pg e and you heard a little bit about that earlier. Our inspections as far as maintenance and inspections and protocols, our techs are required to inspect the infrastructure for safety issues every single time they touch our equipment. So if you are running around San Francisco, you see our trucks everywhere. So we are constantly doing these evaluations. They actually call it a tzone inspection that they need to do, where they look up the pole and then they look both directions as far as the ooi can see just to notice if there are any irregularities or anything that needs to be repaired and they are empowered to repair that on site or