Amazon profits hit by rising shipping costs

Posted by & filed under Amazon, Drones.

Amazon delivered another quarter of sales growth above 20%, but a spike in shipping costs cut the firm’s bottom line. Shares dropped sharply in after-hours trade after the e-commerce giant said profits fell by about 25% to $2.1bn in the three months to 30 September. The firm said it spent nearly $10bn (£7.78bn) on shipping… Read more »

Drones, apps and smart lockers: The technology transforming healthcare in Africa

Posted by & filed under App Economy, Drones, Healthcare.

Sub-Saharan Africa has, on average, the worst healthcare in the world, according to the World Bank. It accounts for nearly a quarter of all disability and death caused by disease worldwide, yet has only 1% of global health expenditure and 3% of the world’s health workers.Infrastructure is poor, making access to even the most basic medical… Read more »

Drone Tests From Deliveries to Farming Unveiled by Government

Posted by & filed under App Economy, Drones.

A who’s who of technology and aviation companies won U.S. approval to push the edge of the envelope in drone flights, from testing people’s tolerance for delivery devices hovering over their rooftops to ensuring farmers’ drones won’t hit crop dusters. Source: Bloomberg Technology News Date: May 9th, 2018 Link: https://www.bloomberg.com/news/articles/2018-05-09/drone-tests-from-deliveries-to-farming-unveiled-by-government Discussion 1) What sort of company could you… Read more »