One billion points of data. The predictive analytics tool, which has been in development for about eight months, will gather and analyze more than 1 billion data points per day at full-scale, including data about package weight, shape and size, as well as forecast, capacity and customer data.“This allows us to know exactly what’s going where, and when it’s going to arrive, much more accurately than ever before,” Mr. Perez said.
In the future. UPS could embed the tool with more artificial intelligence. The tool could eventually tell employees whether a package needs to be redirected to an alternate facility or a different mode of transportation in order for it to be delivered on time. “Those are some of the types of decisions that today, humans make, but in the future, through AI and technology, those decisions can be automated,” Mr. Perez said.
Spotlight: UPS. A roundup of past stories in the Wall Street Journal detailing the company's ongoing digital transformation.
UPS’s $20 billion problem: Operations stuck in the 20th century. As the package giant tries to satisfy America’s 21st-century shopping-and-shipping mania, it is striving to bring its delivery network out of a past era. (WSJ: June 15, 2018)
UPS’s balancing act: More packages, less spending. Executives vow to speed up ‘transformation’ plan to reduce costs as it manages surge in e-commerce packages. (WSJ: April 26, 2018)
UPS, overwhelmed by online orders, warns of delivery delays. Delivery networks are still trying to cope with the busiest shopping periods despite big investments in operations and capacity. (WSJ: Dec. 5, 2017)
At UPS, the algorithm is the driver. Turn right, turn left, turn right: inside Orion, the 10-year effort to squeeze every penny from delivery routes. (Feb. 16, 2015)
For UPS, e-Commerce brings big business and big problems. Delivery company is squeezed by free shipping, fierce competition and the power of Amazon.com. (WSJ: Sept. 11, 2014)
Google is fined $5 billion by EU in Android antitrust case. The European Union hit
Alphabet Inc.’s Google with a record antitrust fine of $5.06 billion on Wednesday, a decision that could loosen the company’s grip on its biggest growth engine: mobile phones. The Journal's Laurence Norman and Sam Schechner report that Google, which can appeal any decision, has rejected the EU’s case since the bloc issued formal charges over two years ago.
The issue. The investigation centered on whether Google abused the dominance of its Android operating system by encouraging handset makers to pre-install Google apps, including Google Search, on their Android devices.
A new record. The fine tops the EU’s previous record fine of €2.42 billion, when the bloc last year ordered Google to stop abusing its search engine to favor its own product-advertising service over others.
Elon Musk apologizes for calling Thai cave rescuer a pedophile. In recent months
. chief executive has used Twitter to criticize regulators, taunt short sellers and debate people who criticized hits political donations.
Texas Instruments CEO resigns after code of conduct violations. Texas Instruments Inc. said the violations were related to Brian Crutcher's "personal behavior that is not consistent with our ethics and core values." Mr. Crutcher, a long-time TI veteran, was promoted to CEO and president on June 1, notes the WSJ's Maria Armental.
MORE TECHNOLOGY NEWS
Computer vision app could be slam dunk. NBA teams like the Boston Celtics and Philadelphia 76ers, as well as college and high schools, are using HomeCourt, an iPhone app uses computer vision to track how many shots were made during a session and the precise location of each of those shots. It also lets users watch individual clips of any of those shots in real time or slow motion.
Golden State coders. The app comes from
NEX Team Inc., whose founders come from companies like
Computer vision is going to have a moment. “Computer vision is still an empty buzzword to most people,” company investor and former Sixers manager Sam Hinkie tells the Journal's Ben Cohen. “But they’re about to get highlight packages of their kids with scorecards from their practice sessions—all of them.”
This could change everything. Says Mr. Cohen: "It doesn’t take much imagination to envision how this might change the process of identifying basketball talent and accelerate the development of a generation that’s already improving at staggering rates."
Samsung plans to launch foldable-screen phone early next eear.People familiar with the matter tell the Journal's Timothy W. Martin that the
Samsung Electronics Co. prototype, which bears the internal code name “Winner,” features a screen that measures about 7 inches diagonally and can be folded in half, like a wallet.
IBM looks for $167 million from Groupon. Groupon, the frozen-yogurt-peddling e-commerce marketplace of the mid-oughts is back in the news (and in the courthouse).
IBM Corp. says the company uses patented technology without permission and wants $167 million. Groupon says IBM is overreaching. Reuters has more.
Study links frequent tech use to ADHD symptoms in teens. A study of 2,500 teens over two years and published Tuesday in the Journal of the American Medical Association found that the more teens use social-media networking sites, video games and streaming services, the higher their risk of developing symptoms of attention-deficit hyperactivity disorder. The Journal's Daniela Hernandez and Betsy Morris have more.
Inside FreshDirect’s big bet to win the home delivery fight. Online grocers including
FreshDirect LLC are betting millions on high-tech distribution centers that will move food faster and convince more customers to ditch supermarkets for digital shopping carts. The Journal's Jennifer Smith visits FreshDirect's new 400,000 square-foot operation in New York City to see how the sausage is made (and shipped).
Number one challenge: Perishables. "The new facility has 15 different temperature zones. Tomatoes do best at about 55 degrees, but 'chicken and meat like it to be just at 32 degrees... it gives more of shelf life to it,' said FreshDirect Chief Executive Jason Ackerman.
Research prompts selloff in Crispr companies. Gene-editing technology has generated public interest and huge investment as a method that could potentially treat intractable genetic diseases. But a new study suggesting Crispr could cause extensive DNA damage led to a selloff Monday of companies using the technology, the WSJ's Nishant Mohan and Amy Dockser Marcus report.
The findings. "The study, published in the journal Nature Biotechnology, said the changes were often at places far away from the intentional edit, and so went undetected in previous studies, which typically observed smaller sections of genetic material."
Earlier studies found problems too. "Last month, two studies in Nature Medicine that reported Crispr-edited cells might increase cancer risk also caused the stock prices to drop."
New York-London in 3½ hours? Giants like
Boeing Co. and startups are racing to make flying faster than the Concorde viable, the Journal's Andy Pasztor, Robert Wall and Andrew Tangel report. The big questions: Will regulators go along and waive noise restrictions and what will passengers be willing to pay?
EVERYTHING ELSE YOU NEED TO KNOW
Auto makers, parts suppliers and dealers are joining forces to push backagainst a proposal to apply tariffs of up to 25% on vehicles and components imported into the U.S. (WSJ)
President Trump on Monday expressed surprise at the backlash over his weekend appearance with Russian President Vladimir Putin and said he realized that he had misspoken during “a key sentence in my remarks.” (WSJ)
Lawmakers are seeking consensus on proposals that could amount to the biggest legislative changes to U.S. retirement savings in more than a decade. (WSJ)
David Solomon, who was tapped to succeed Lloyd Blankfein as Goldman Sachs CEO, faces a big task in the postcrisis era as he seeks to make the firm more entrepreneurial and open. (WSJ)
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