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Submission + - Uber Loses at Least $1.2 Billion in First Half of 2016 (bloomberg.com)

An anonymous reader writes: The ride-hailing giant Uber Technologies Inc. is not a public company, but every three months, dozens of shareholders get on a conference call to hear the latest details on its business performance from its head of finance, Gautam Gupta.

On Friday, Gupta told investors that Uber's losses mounted in the second quarter. Even in the U.S., where Uber had turned a profit during its first quarter, the company was once again losing money.

"It's hardly rare for companies to lose large sums of money as they try to build significant markets and battle for market share," said Joe Grundfest, professor of law and business at Stanford. "The interesting challenge is for them to turn the corner to become profitable, cash-flow-positive entities."

Comment Re:Does anybody really doubt it (Score 1) 706

Well, it wasn't a robbery since nothing was taken...

In most cases that robberies go wrong and a shot is fired (typically because the victim resists) nothing is taken. This is because the sound of gunshot will attract attention very quickly. And for a robber, lingering around a homicide is far more dangerous than lingering around the scene of a robbery.

Comment Re:Of course not. (Score 1) 1010

I would point out that the director of the FBI, James Comey, who recommended not pursuing charges, is a Republican who's donated to Republican candidates in the past, and who served under George W. Bush. And Lynch had already vowed to follow his recommendations. So while I see a lot of grumbling here about political bias in Hillary's favour, just as strong of a case could be made of a Republican bias against her in the investigation.

Comment Re:Bloody F!@#ing Idiots. (Score 2) 202

Most of the cost of paving a road is not the surface material, it's the labour and the equipment.

Agreed, which is why I think solar roadways are doomed to failure. Patching a crack in a traditional roadway involves throwing a patch of asphalt in the pothole by a couple of unskilled construction workers. Patching a damaged solar roadway would necessitate replacing an entire segment of roadway.

In engineering, when combining two functions in one item you're usually looking for complimentary requirements that can be used to provide synergy between the two. The requirements of roadways and solar panels are fundamentally different with little to no overlap. It would be far simpler to construct a roadway and solar panel network, with the solar panels installed in the median of the road, than trying to combine the two into a product that will likely be more expensive and more inefficient than building a separate road and solar panel network.

Comment Re:Nonsense editorializing (Score 2) 117

There are LEED rated buildings designed to maximize air circulation in a building and minimize the use of air conditioning, but still allowing for air conditioning when the need demands it. One can have a building with good air circulation and also have air conditioning - the two are not mutually exclusively. His point perhaps is that some of the buildings built around air conditioning can only exist with active cooling - many of the modern glass buildings constructed would become uninhabitable greenhouses without air conditioning.

This seems similar to the debate centering the role of artificial lighting in buildings. During the heyday of Brutalism in architecture in the 60s, many large public buildings were built without windows in the belief that windows were no longer needed when artificial lighting was ubiquitous. Fortunately architects now realize that maximizing natural light is more desirable, and having a building depend on artificial lighting makes for a poor building design.

Comment Re:It's the security line, stupid (Score 1) 307

Indeed. The reports from the attack are indicating that one of the attackers detonated a bomb in the car park outside the security perimeter, and the other two attackers entered through the arrival halls, where one of them shot his way through security zones. Increasing metal detectors and x-rays would have done nothing for the first bomber, and would have hardly have stopped the other two who shot their way past the x-ray detectors.

Comment Re:Have to give it to Apple..... (Score 5, Informative) 771

The 3.5mm is a miniaturized version of the 6.35mm audio jack which was originally introduced for telephone switchboards in 1878. It is the oldest existing electrical standard in use. Given its age and longevity, pretty much the entire audio industry has developed around this standard. Replacing it would require replacing every piece of electronic audio equipment produced over the last 140 years, from audio jacks in cars and airplanes to laptops,camcorders, as well as phones. It takes a lot of arrogance from Apple to think they can upend a widespread and ubiquitous standard that has withstood the test of time, and force every single audio equipment to use a connector to connect with an iphone.

Comment Re:How to gain influence... (Score 1) 412

What you're talking about is electoral fusion. It used to be widespread in the United States and minor third parties in the US such as the Populist Party used it successfully to gain influence as suggested. However, the major parties joined together to ban the practice and it is currently illegal in all but 8 states, making it a non-viable alternative.

Comment Re:I'm sure Drump is all torn up over it (Score 3, Informative) 403

Way to prove the GP's point.

Trump has said some stupid and insensitive shit, but can you point to something that was actually racist?

Trump said that a judge should be disqualified from a case solely based on his ethnicity. As Paul Ryan, GOP house leader, said on Trump's statements: "Saying that someone can't do their job because of their race is the textbook definition of racism."

This isn't Democrats and liberals calling him a racist - top Republican leaders are now saying so as well.

Submission + - Canadian teen locates lost Mayan city using stars and satellite data (www.cbc.ca)

wired_parrot writes: William Gadoury, a Grade 10 student at Académie Antoine-Manseau in Joliette, became interested in Mayan civilization in 2012 and wanted to understand how the Mayans chose where to build their cities."The Mayans were extremely good builders, but they often built in places that made little practical sense — far from rivers, far from fertile areas. It seemed strange for a civilization that was so intelligent"
Gadoury studied 22 Mayan constellations and found that when they were overlaid on a map they matched the placement of 117 known cities. But a 23rd constellation was incomplete. "I realized then that one city hadn't been discovered," he said. Using satellite data from Google Earth, he found evidence of Mayan pyramids in the predicted location. Presented with the evidence, the Canadian Space Agency assisted by providing higher quality images which appears to confirm the findings.
A ground search is now planned to confirm or deny the existence of the Mayan city.

Comment Re:what if no one get's 270? (Score 1) 605

If no one gets 270, the election gets thrown to the Republican dominated congress, which would results in all likelihood in a Republican president.

I would say this would make a 3rd party Republican run viable, as a 3rd party Republican only needs to ensure that neither Trump or Hillary gets the 270 votes, as they can count on a friendly congress if the race gets decided there

Comment Re:3rd party (Score 1) 879

If those that dislike Hillary and Trump voted for a single 3rd party candidate, they'd probably win.

If a 3rd party candidate get enough electoral college votes to deny Hillary or Trump a majority, the election gets thrown to congress. Given that congress is Republican dominated that would mean a Republican victory,

A 3rd party Republican candidate could conceivably win by taking only a few key states, and I suspect the NeverTrump Republicans may be eyeing this alternative seriously. I'm surprised this scenario isn't being more widely discussed

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