Amazon plans to launch Project Kuiper, a network of 3,236 small satellites to create an interconnected network that beams high-speed internet to anywhere on Earth.
Morgan Stanley estimates Project Kuiper represents as much as a ”$100 billion opportunity.”
The firm’s estimate is based on its expectation that the space economy will grow to more than $1 trillion over the next 20 years.
Amazon is offering its warehouse employees up to $5,000 to quit their jobs, even as the company is in the process of adding workers and locations. The "Pay to Quit" program, which was announced by CEO Jeff Bezos in his letter to shareholders late Thursday, is an effort to make…
Forget the delivery drones and TV deals. Jeff Bezos’ stealthy foray into the unsexy world of B2B distribution is likely his most disruptive move yet — and it has an $8 trillion swath of the economy running scared. In recent months global Internet retail behemoth Amazon.com has green-lit six new original TV shows, announced…
In the era of the Kindle, a book costs the same price as a sandwich. Dennis Johnson, an independent publisher, says that “Amazon has successfully fostered the idea that a book is a thing of minimal value—it’s a widget.” Construction by Ian Wright. http://www.newyorker.com/
FedEx is one of the largest courier services in the US. It benefited hugely by the increasing trend of e-commerce which greatly increased the demand for courier packages. With the expansion it benefits not only with larger sales revenue but also Economies of Scale which result in a greater profit…
The growth of Amazon and eBay illustrates that businesses and consumers alike are willing to purchase what they need online rather than from a salesperson. That trend toward online buying will continue, according to Gerhard Gschwandtner, publisher of Selling Power magazine, and host of the Sales 2.0 Conference in Boston on July 14, 2014. "The integration…
FedEx is one of the largest courier services in the US. It benefited hugely by the increasing trend of e-commerce which greatly increased the demand for courier packages. With the expansion it benefits not only with larger sales revenue but also Economies of Scale which result in a greater profit percentage. However this might end soon, much to the apprehension of FedEx.
Tech giants Amazon (AMZN) and Google(GOOGL) have been throwing around ideas of new same-day delivery technologies including driverless cars and automated drone shipments. This deeply threatens the postal industry FedEx operates in. This is likely to reshape the logistics industry sometime in the foreseeable future.
At the end of its 4th fiscal quarter of 2014, shares of FedEx shot 6% higher in response to the higher earnings. However this was not distributed evenly in every segment.
FedEx has three major segments; Sales, Ground and Freight. While Sales grew only marginally from $6.98 billion to $7.00 billion, FedEx Ground showed a better performance. Its revenue increased 8% and the Ground segment’s daily delivery volume was up 8%, boosted largely due to growth in e-commerce. Freight, showed the largest relative revenue increase, a 12% increase.
Recently the expectations from FedEx have increased even more. Estimize is forecasting that FedEx will report a 2 year best improvement, with earnings per share rising by 28%. Also revenue will match a 6 quarter best yoy growth rate of 4%.
A lot of it depends on Alibaba too. If the Chinese e-commerce giant can quickly gain a foothold in the United States and outside mainland China, there will be a spike in the demand for delivery logistics which FedEx and other courier services may capitalize on.
It is safe to assume FedEx will be profitable. However, questions begin to arise when one considers the potential for Amazon, Google, and other tech companies to go after the logistics business 5 to 10 years from now. However, for now, Amazon and Google will rely on couriers for high scale logistics support, at least until they release autopilot enabled cargo planes, driverless electrics trucks, teleportation or the likes.
Amazon is offering its warehouse employees up to $5,000 to quit their jobs, even as the company is in the process of adding workers and locations. The "Pay to Quit" program, which was announced by CEO Jeff Bezos in his letter to shareholders late Thursday, is an effort to make…
Amazon plans to launch Project Kuiper, a network of 3,236 small satellites to create an interconnected network that beams high-speed internet to anywhere on Earth. Morgan Stanley estimates Project Kuiper represents as much as a ”$100 billion opportunity.” The firm’s estimate is based on its expectation that the space economy…
In the era of the Kindle, a book costs the same price as a sandwich. Dennis Johnson, an independent publisher, says that “Amazon has successfully fostered the idea that a book is a thing of minimal value—it’s a widget.” Construction by Ian Wright. http://www.newyorker.com/
Two years ago, I asked a college-bound 18-year-old what kind of job she’d like to have after earning her degree. “I don’t know,” she told me, adding, “I don’t think it’s been invented yet.” Turns out, she was probably right. Though the Bureau of Labor Statistics expects health care and construction jobs…
In the future, Netflix will know exactly what you want to watch, even before you do. You won’t have to spend all that time browsing through endless lists of shows on your television. That’s according to Neil Hunt, Netflix’s chief product officer. It’s just one of many predictions for the…
After two years of development, the Silicon Valley company reveals to The Atlantic that it has substantial research effort into building flying robots than can deliver products across a city in a minute or two.
A zipping comes across the sky.
A man named Neil Parfitt is standing in a field on a cattle ranch outside Warwick, Australia. A white vehicle appears above the trees, a tiny plane a bit bigger than a seagull. It glides towards Parfitt, pitches upwards to a vertical position, and hovers near him, a couple hundred feet in the air. From its belly, a package comes tumbling downward, connected by a thin line to the vehicle itself. Right before the delivery hits the ground, it slows, hitting the earth with a tap. The delivery slows, almost imperceptibly, just before it hits the ground, hardly kicking up any dust. A small rectangular module on the end of the line detaches the payload, and ascends back up the vehicle, locking into place beneath the nose. As the wing returns to flying posture and zips back to its launch point half a mile away, Parfitt walks over to the package, opens it up, and extracts some treats for his dogs.
The Australian test flight and 30 others like it conducted in mid-August are the culmination of the first phase of Project Wing, a secret drone program that’s been running for two years at Google X, the company’s whoa-inducing, long-range research lab.
Though a couple of rumors have escaped the Googleplex—because of courseGoogle must have a drone-delivery program—Project Wing’s official existence and substance were revealed today. I’ve spent the past week talking to Googlers who worked on the project, reviewing video of the flights, and interviewing other people convinced delivery by drone will work.
Taken with the company’s other robotics investments, Google’s corporate posture has become even more ambitious. Google doesn’t just want to organize all the world’s information. Google wants to organize all the world.
During this initial phase of development, Google landed on an unusual design called a tail sitter, a hybrid of a plane and a helicopter that takes off vertically, then rotates to a horizontal position for flying around. For delivery, it hovers and winches packages down to the ground. At the end of the tether, there’s a little bundle of electronics they call the “egg,” which detects that the package has hit the ground, detaches from the delivery, and is pulled back up into the body of the vehicle.
The Google delivery drone releasing a package (Google)
Onstage at TED2014, Charlie Rose interviews Google CEO Larry Page about his far-off vision for the company. It includes aerial bikeways and internet balloons … and then it gets even more interesting, as Page talks through the company’s recent acquisition of Deep Mind, an AI that is learning some surprising…
Why is America’s largest cable TV company buying its biggest rival for $44 billion? Well, not to oversimplify things, but that’s easy to explain: http://qz.com/176837/one-sentence-and-six-charts-explain-why-comcast-is-buying-time-warner-cable/
Yes, Twitter has a growth problem. But more than that, the company has another headache: Getting people to stick around after signing up. According to people close to the company, Twitter has seen more than one billion registrations to its service over the past seven and a half years. Stack…
With the simple flick of its finger, Angry Birds was the launchpad for the multi-billion pound mobile games industry we see today, but while many see it as a an overnight success story for Finnish startup Rovio, the truth is somewhat different. Speaking to IBTimes UK at Rovio's colourful headquarters…
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Forget the delivery drones and TV deals. Jeff Bezos’ stealthy foray into the unsexy world of B2B distribution is likely his most disruptive move yet — and it has an $8 trillion swath of the economy running scared. In recent months global Internet retail behemoth Amazon.com has green-lit six new original TV shows, announced…
