so what you can do is setup geofences. you setup a square or some irregular shape, and you can tell whether that vehicle has stayed within the fence or left it. the second has to do with is utilization, so how far the vehicle has been driven, either directly calculated or through the odometer in the vehicle's computer, whether or not it was used, and whether it's idling. in this case, itdling is where the vehicle was in park or stationary for five or more minutes. so if you're sitting at a stop light, that would not trigger any idling alerts. we can view whether or not a vehicle has been traveling at high speed. in our case, it's set at 80 miles per hour, whether the vehicle has had any hard braking or hard acceleration. and then, the next grouping has to do is with maintenance. if we identify any safety issues, we can have the vehicle's requested to be brought -- vehicles requested to be brought in for service. conversely, we have a relationship with the state to do continuous monitoring of our vehicles, and for basically

over the years, we've increased the staging lot size several times, we've developed a geofence trackingtem for taxis making short trips out of the airport to be able to return and cut in the line, and developed a taxi cue management app which provides drivers with real-time status in the airport staging lots to help them manage their time better. more recently, we've reduced trip fees that go into effect in july. in 2017, to address congestion resulting from taxi oversupply, the airport developed a new plans for or taxi queue app. a driver wishing to enter the taxi lot when it was full would be added to the waiting list. with a space opened up, the taxi driver would be notified that they had a certain period of time to come to the airport and under that, no one would be turned away. using the taxi app properly, driver's wouldn't be turned away, and it would safe them time in waiting and reduce congestion on the airport road ways. airport at that time held several meetings with drivers to obtain feedback on the app and other congestion relief drivers. the proposal met with strong opposit

the second question i have, when you say it's geofenced, it's a small area how small of an area are weking about? >> we're talking about -- i don't know, 100 square miles talking about gilbert, chandler, tempe, and it's got to be a ride you're taking within that area in other words, if you're going from your house to the grocery store and it's within the area where waymo has been testing their vehicles, then that's a possibility. if you're saying, hey, i'm going up to -- somewhere way north of phoenix, outside the area, it wouldn't be an option. >> they do it in all weather do they do it in the rain and night too? >> yeah. yeah they have been testing their vehicles in the rain and at night, waymo has been for some time >> thank you for bringing us that news. >>> some instant reaction on this and so much more. michael graham is here, managing director and senior equity analyst at concord is this game changing? >> it's a good step in the direction of autonomous vehicles becoming more important. the key thing is the cost to operate an internal combustion engine vehicle with a driver on li

the company says it could at the employ geofencing or virtual bowenry around the home.be a strictly opt-in feature, of course. john tayle says that patents take years to receive, and don't necessarily reflect the actual product road map in other words, no timeline or cause. sara, back to you? >> josh, thank you can't tell in it's helpful. >> or just pr. >>> "closing bell" comes right back e stock exchange which brought people together to invest in all the things that move us forward. every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from finding out what's selling best... to managing your fleet... to collaborating remotely with your teams. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. pnc bank has technology to help a pnc business line of credit, because sometimes inner p

realize, is it's not happening next quarter or even next year, but there will be what they would call geofencedhe platforms of companies like uber and lyft in order to do that so, to look at this stock based on a 2020 revenue multiple where revenue is decelerating, i just think it's the wrong way to look at it. you either believe in autonomy or not and look, the companies downplay autonomy because it's not impacting their numbers in the near term, but uber's spending $700 million a year on their own autonomy group they've got 1,100 people in that group, and they're not the only one investing. >> right they're not the only one investing. in your report, you say the biggest risk to uber and lyft might also be their biggest opportunity, what is the autonomous piece but the risk is that somebody's going to get there first. >> 100% true i mean, if elon delivers on his 1 million uber taxis next year, that's going to be a problem, especially how he describes them and their ability to drive everywhere lyft only has a million drivers or 1.1 million drivers -- >> if you're long uber right now, are you sh