Amazon Sheds Profits to Fuel Its Incredible Expansion
Amazon founder and CEO Jeff Bezos got the opportunity to be the richest man in the world for a brief period of time this Thursday. As Amazon shares hit a record high of $1,083.31 yesterday, he pushed ahead of Bill Gates for a little while, before the shares took a 3.2% tumble in after hours […]
Amazon Moves to Conquer Groceries with Whole Foods Purchase
The big business news rolling into the weekend was Amazon’s purchase of Whole Foods, a move that seemed to take the retail world by surprise. Industry analyst Charlie O’Shea calls the $13.4 billion deal “a transformative transaction, not just for food retail, but for retail in general.” Soon, Amazon will have 460 Whole Foods stores […]
Mission Possible: SpaceX Launches Have a 94% Success Rate
Space travel has never been cheap, but over the past several years Android app developers have witnessed companies like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin work toward more economical space flight. The key is reusable rockets that can be sent back into space again and again. It’s an idea that has really caught […]
Amazon Aims to Conquer New Markets with Physical Stores
Last week, one of Amazon Prime Air’s drones dropped off a small box of sunscreen at an exclusive robotics conference in Palm Springs. The package was small, but the shipment itself was huge: it was the company’s first public drone delivery on U.S. soil. We are now well on our way to a future where […]
SpaceX Pursues Elon Musk’s “Space Internet” Ambitions
The big dreams of Elon Musk fascinate app developers worldwide, who admire the scope of his ambitions — and his ability to pull off so many of them. Fresh off the successful landing of the first stage of the Falcon 9 rocket last month, the company is now moving forward with another one of Musk’s […]
Big Tech Entrepreneurs Have Some Big Ideas
Tech billionaires think out-of-the-box. That made them come up with crazy ideas like an alien telescope and a clock that will keep ticking for 10,000 years.