emily: anurag rana, bloomberg intelligence, along with anurag rana, principal -- carolina milanesi, thanks withdrawn its earnings forecast amid worsening business conditions. the package store giant is pointing to weakness in asia and challenge in europe. fedex taking immediate steps to cut costs, including parking aircraft, cutting worker hours in closing more than 90 fedex office locations. ♪ coming up, as we enter a post-etherium urge world, what is next? this is bloomberg. ♪ emily: with the march now complete, let's look at how significant this successful update was for the company. joe lau of alchemy, a platform to build and scale apps, joins us. the merge went according to plan. what are your key takeaways except the funny panda memes? joe: the merge happened a couple of mexico at midnight our time. i stayed up to watch it, as did some of the other communities. this is a monumental effort, part of a multiyear roadmap by hundreds of stakeholders. there is not one, single, centralized decision-maker. the fact it came together as it did come super smoothly, it is incredible. i would li