Hoping to boost its economy and create jobs, Oklahoma is positioning itself as a future hub for the growing, commercial drone industry.» Read More
Dec 3- Jeff Bezos' plan to deliver Amazon.com packages by drone isn't just an idea which skirts the line between satire and reality. The online retailer is testing delivery by unmanned flying vehicle, Bezos, Amazon.com founder and CEO, told CBS TV show 60 Minutes on Sunday.
SEATTLE, Dec 2- Amazon.com Inc Chief Executive Officer Jeff Bezos made a splash on Sunday with his radical plan to deliver goods to millions of its customers' doors by using a fleet of unmanned drones, but the bold vision is not likely to become a reality this decade.
CNBC's Courtney Reagan reports from the Amazon Fulfillment Center in Phoenix, Arizona where orders are prepared for shipment.
Amazon is testing a drone delivery service aimed at improving the way customers receive packages, reports CNBC's Jon Fortt.
Anti-drone lobbyists, UPS, and FedEx should try to ground Amazon's lofty ambitions of an automated drone delivery fleet, CNBC's Jim Cramer said.
Dec 1- Amazon.com Inc is testing delivery packages using drones, CEO Jeff Bezos said Sunday on the CBS television program "60 Minutes." That represents roughly 86 percent of packages that Amazon delivers, he said.
How will Amazon's expansion of its private line affect its bottom line? CNBC's Jon Fortt has the details.
Nov 18- Washington Post Co is changing its name to Graham Holdings Co after it sold the Washington Post newspaper to Amazon.com Inc founder Jeff Bezos. The company's symbol on the New York Stock Exchange will change to "GHC" from Nov. 29, Washington Post Co said on Monday.
Chief Executive Mike Perlis, in a memo to employees on Friday, said the company had hired Deutsche Bank to explore a sale of the company founded by financial newspaper columnist B.C. Forbes in 1917..
IBM will announce that Watson supercomputer will be available in a form more than twice as powerful via the Internet.
Amazon will begin delivering packages on Sundays in New York and Los Angeles beginning November 17th. CNBC's Jon Fortt and Sue Herera discuss how this may impact the postal service.
CNBC's Jon Fortt reports Amazon's Jeff Bezos sold its largest number of shares in 3 years.
These are some of the incentives the world's biggest online retailer Amazon.com Inc is using to entice Indians to shop on the web, a sector where growth has been stifled by payment problems, low Internet usage and a challenging logistics environment.
President Barack Obama has been bumped off the top spot of Forbes' ranking of the world's most powerful people.
Amazon is up 30 percent this year, but does a good company make for a good buy? CNBC's Jeff Cox and CNBC contributor Carol Roth debate the case.
SAN FRANCISCO, Oct 17- Google Inc's quarterly results beat Wall Street's expectations as the Internet search giant expanded its mobile and overseas businesses while keeping ad-rate declines in check, sending its shares to a record high.
CNBC's Jon Fortt sat down with Amazon CEO Jeff Bezos about the release of its new Kindle tablet, and Google Executive Chairman Eric Schmidt shares his thoughts. "Jeff Bezos is a tremendous American entrepreneur," Schmidt said.
SEATTLE, Sept 25- Amazon.com Inc has begun selling a juiced-up line-up of new Kindle tablets, many sporting a unique video helpdesk feature it hopes will give it a leg-up over Apple Inc and Google Inc during the holiday season.
Amazon unveiled the latest generation of tablets this morning called the "Kindle Fire HDX." CNBC's Jon Fortt spoke to Jeff Bezos, Amazon CEO, about innovation and digital content.
CNBC's Jon Fortt sits down with Amazon CEO Jeff Bezos about the launch of the company's third generation of Kindle tablets which offers a live tech feature.