Uber to invest $500 million in global mapping project: FT

New York (Reuters) - Ride-coming service Uber [UBER.UL] has decided to invest $ 500 million in an ambitious global mapping project to wean itself ...


Uber to invest 0 million in global mapping project: FT

New York (Reuters) – Ride-coming service Uber [UBER.UL] has decided to invest $ 500 million in an ambitious global mapping project to wean itself off dependence on Google Maps and pave the way for driver cars, the Financial Times reported yesterday.

The San Francisco-based company is ramping up spending on new technology, such as mapping and driver cars following new investment in the company earlier this year.

A representative for Uber could not be reached immediately for comment

(Reporting by Catherine Ngai; Editing by Marguerita Choy).

GoPro revenue plunges 47 percent, but beats estimates


GoPro revenue plunges 47 percent, but beats estimates

The company’s shares by 2.4 percent in volatile trading after the bell on Wednesday.

GoPro’s sales fell to $ 220.8 million in the second quarter ended June 30 from $ 419.9 million a year earlier.

Analysts on average expected revenue of $ 194.3 million, according to Thomson Reuters I / B / E / S

This is some 20 percent lower than the estimate on May 5, when GoPro announced first quarter results and delayed the introduction of its Karma pounding until the holiday season.

The company’s camera is worn by surfers, jumpers and other action-addicts, said controlled units in the second quarter rose 8 percent to 759 000 compared to the first quarter.

The average selling price is 11 percent sequentially and 14 percent on a year-over-year basis.

GoPro however maintained its full-year earnings guidance of $ 1350000000 to 1500000000. $ Analysts on average expected revenue of $ 1340000000.

GoPro has a loss of $ 91.77 million, or 66 cents per share, for the second quarter compared with a profit of $ 35030000, or 24 cents per share, a year earlier.

excluding items, GoPro lost 52 cents per share in the last quarter, less than analysts estimates of 58 cents.

(Reporting by Ismail Shakil and Anya George Tharakan in Bangalore; Editing by Savio D’Souza)

Scientists capture rare images of wolverine in Sierra Nevada


Scientists capture rare images of wolverine in Sierra Nevada

The May 18, 2016, by the California Department of Fish and Wildlife, images from an external camera set biologist Chris Stermer, a Wolverine into the Tahoe National Forest near Truckee California. Once believed to be extinct in went the Sierra Nevada, California wildlife biologists believe that Wolverine, nicknamed Buddy spotted near Truckee this year is the same as the first documented in the area since the 1920’s (Chris Stermer / California in 2008 Department of fish and wildlife via AP)

They believe the wolverine is the same as eight years ago, the first documented in the area since the 1920s

Chris Stermer, a wildlife biologist at the California Department of fish and wildlife, setting the external cameras in the Tahoe National Forest, after officials in a field stasie has him in January of unusual tracks in the snow near Truckee.

“She was definitely Wolverine tracks,” Stermer to the newspaper Sierra Sun (http://bit.ly/2apR99p).

Wolverines, a member of the family mole that looks like a small bear with large claws, previously found throughout the Rocky Mountains and as far west as the Sierra. An estimated 250-300 Wolverines survive in remote areas of Montana, Wyoming, Idaho, Oregon and Washington state, according to wildlife officials.

For the observation in 2008, scientists were convinced coat wild during the early 1900s has wiped out the species in California. Now, a hot planet threatens the deep snow on the mountains Wolverines need to hear scientists say shrinking hollow.

The male carnivore near Lake Tahoe apparently migrate from the Sawtooth Range of Idaho, Stermer said.

Since then, the animal that scientists have nicknamed Buddy detect more than 20 times over nearly 300 square miles, but it has not noticed since November 2014, said Stermer.

Video of the external cameras deliver quickly additional evidence. A clip recorded on the night of February 19 offers a look at the Wolverine before scurrying away. A second day clip captured February 27 shows the climbing a tree before chewing and picking up a sock bait.

“When you see them on video, a glutton is to have a nice exciting species in California,” Stermer said. “With the population in California us, thinking that we wanted Wolverine to have amongst us is pretty amazing. It actually begins to restore our larger carnivores back in California.”

Stermer await test results collected DNA samples of saliva from the tree bait to confirm his identity.

“I’m pretty sure â ??” 95 percent ?? “That’s the same animal,” he said.

If the adjusting DNS samples Buddy estimated that at least 9 years old, said Stermer. The life expectancy of a wild Wolverine ranging from 6 to 10 years, he said.

Speaking of the reintroduction Wolverines postponed in California while the US Fish and Wildlife his response to a federal court order view in Montana that his decision denies protection of animals destroyed under the Endangered Species Act, said Stermer.

US District Judge Dana Christensen buy wildlife officials to act as quickly as possible to protect the species as vulnerable to a warm planet touch


Information from:. Sierra Sun

Southwest Airlines halts flights after technical outage


Southwest Airlines halts flights after technical outage

Customer tweeted that she could not so quickly on the No. 4 US airline by traffic passasiers. The reservations website, www.southwest.com, will not allow discussion or check-in and issued a notice said: “We work hard to get you where you want to be … Thank you for your patience.”

Southwest spokesman Dan Landson said a team is working to fix the problems that began Wednesday afternoon after a break. It will be before the budget airline take some time to resume normal operation, he said.

Flight tracking website FlightAware.com showed that South 157 flights so far delayed on Wednesday, or about 3 percent of its operation.

Systems is gradually coming back online, said Landson. The airline tweeted at 4:55 Eastern (20:55 GMT) to “flight status and check-in is functional in our website waiting room.” No further details are available.

The company’s shares were en 1.6 percent at $ 42.03 on the closing bell.

The glitch follow a few hoëprofiel computer problems by US carriers in recent months.

In October, a software failure at Southwest has led to some 500 flights delays.

Industry consultants say the impact of the computer disturbance will continue to grow as airlines automate an increasing part of the activities, spread boarding pass on smartphones and outfit their planes with Wi-Fi.

(Reporting by Jeffrey Dastin in San Francisco and Melissa rates in New York, editing by Diane Craft)

Britain’s Sainsbury’s trials similar concept to Amazon’s Prime Now


Britain's Sainsbury's trials similar concept to Amazon's Prime Now

Online shopping is one of the better performing parts of retail Britain and has become an important battlefield for big supermarkets as they grapple with the growth of the German discounters Aldi [ALDIEI.UL] and Lidl [LIDUK.UL ].

Free food UK market will almost expected to double to 17.2 billion pounds ($ 23 billion) in the five years to 2020, according to industry group IGD exploration.

Sainsbury’s is trialing its new service, called “Chop Chop” in the Worth area of ​​south London, which will have a afleweringsfooi of 4.99 pounds.

Customers within three kilometers of its Worth store can be ordered up to 20 Sainsbury’s products for delivery to their homes within an hour, using an app on Apple devices.

Sainsbury’s CEO, Mike Coupe analysts at Bernstein, in an interview with the brokers on Thursday that the company can see potential demand for the provision of a basket of food on a very short timescale.

He noted that Sainsbury’s has nationwide store network, vary with a large fresh food in each of them, and the online retail expertise in order to provide a service as the market develops.

Amazon launched minister now in London a year ago and it is now available to more than 30 percent of the UK population.

The phone is available Prime members and provides one-hour delivery on over 15,000 items for 6.99 pounds, or delivery at no extra cost within a selection of two hours, same day delivery slots.

items available include necessities such as fresh milk, diapers, coffee and chocolate, as well as consoles, toys, gifts and sports equipment.

Last month, Amazon also has a British version of the US Amazon Fresh food afleweringsdiens, increasing pressure on traditional supermarkets.

Coupe also has the Bernstein analysts that he saw no reason for rival Asda, under new CEO Sean Clarke, “is to go hard on price,” are most likely saw action then move to improve retail standards , service and availability.

Speculation of a racheting up of an active prys war general since Wal-Mart, the American owner Asda, said last month would balance move Asda’s strategy to protect market share to protect profits.

($ 1 = .7489 Pound)

(Reporting by James Davey; Editing by Susan Fenton)