Are Americans growing more skeptical of promises of investment from massive (digital) companies?
- Amazon had spent years on a controversial campaign to select cities where it plans to build giant corporate campuses.
- In November, the retail giant announced plans to build its so-called HQ2 in Virginia and New York.
- On Thursday, Amazon cancelled its plans to build in New York following backlash from local lawmakers, union leaders, and protestors.
Jeff Bezos, the founder of Amazon.com, explains his plan for success.
- Jeff Bezos had a clear vision for Amazon.com from the start.
- He was inspired by a statistic he learned while working at a hedge fund: In the '90s, web usage was growing at 2,300% a year.
- Bezos explains why books, in particular, make for a perfect item to sell on the internet.
And you thought red-light cameras were bad...
- The coalition argues that government agencies might abuse facial recognition technology.
- Google and Microsoft have expressed concern about the potential problems of facial recognition technology.
- Meanwhile, Amazon has been actively marketing the technology to law enforcement agencies in the U.S.
The rocket reached an altitude of 51 miles, meeting the Federal Aviation Administration's definition of space.
- The rocket, dubbed SpaceShipTwo, reached an altitude of 51 miles on Thursday.
- Virgin Galactic hopes to soon transport space tourists into the atmosphere on the rocket.
- The successful test is a landmark for Virgin Galactic, which has seen its fair share of setbacks since it was founded in 2004.
Walgreens now competes with Amazon and CVS in the race to dominate the prescription delivery market.
- The service will cost $4.99 per drop-off.
- Same-day delivery will be available in some markets.
- As the population ages and rates of online shopping continue to rise, companies that can capitalize on the drug delivery market stand to earn billions.
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