Venture, arm. Googles Second Quarter earnings topping analysts estimates. Shares are reacting to the news, surging above 8 in afterhours trading. Googles new cfo is addressing investors right now for the very first time on the earnings call, saying the company will take great care regarding resource allocation. Joining me here in the studio adam burke. He is a former google employee. Also, mike do just dudis. Google have been getting killed in mobile advertising specifically by facebook. Are these numbers more reassuring . Adam i think its a situation where the entire pie is growing. I dont know if i would classify google as getting killed. There are still extremely dominant. I think we are seeing a new very compelling option with facebook. Certainly the overall tailwinds to the mobile advertising face space is growing rapidly. Google continues to expand. They dont have the monopolistic type position that they did in desktop search, but they are still a very powerful force. Emily this
You are looking live at a big traffic problem in oakland right now. Dozens of cars have flat tires after driving on 880 in oakland. Well go right to sal for more on that. Good morning. Welcome to mornings on 2. Im tori campbell. Im dave clash. Lets get right to this developing situation in oakland. Thats right. This crash in oakland, were actually looking at the problem where southbound 880 several cars had flat tires because of debris in the road. Tara moriarty is just about to have a report from the scene. Were also looking at live pictures of newschopper2. A violent crash in San Francisco that finally theyve reopened lombard street. It was lombard at franklin. We have the video we were talking about. These are live pictures from another crash. This is a fatal crash. You can see east 80 at Lagoon Valley road. Weve been talking about this. Its still a Traffic Alert on the scene. This car flipped over. There was a person trapped inside. This is fairfield, east 80 at Lagoon Valley road.