Give Google the drone remote
Hey Snackers,
Yoga. Fries. Repeat. McDonald's just jumped into athleisurewear.
Markets inched close to a record high as they got comfortable with 0.25% lower interest rates after The Fed's moves this week.
'Drone delivery team, assemble'... Alphabet doesn't just own Google — it also owns Wing, the drone delivery startup developed in its experimental "Google X" lab. Starting next month, Wing will be flying Advil, Tums, and Kit-Kats around for Walgreens, FedEx, and (randomly) a regional gift store charmingly called Sugar Magnolia. It'll deliver "within minutes." Bold claim.
Heads-up, Virginia... The most ambitious drone pilot program yet kicks off in Christiansburg, VA — conveniently near the US Department of Transportation. Wing has been testing with the DOT since 2016 to prep for this moment. Here are the key numbers.
Wing is a model for tech & regulator cooperation... Wing become the 1st drone operator to be verified by the FAA. Only after that did it pursue these partnerships — and it's doing them in the regulator's backyard (compare that to Uber bulldozing rules to enter new cities). Wing first asked for permission, not forgiveness — and regulators seem to let things move along at a nice pace. Wing should send them an apple pie via drone.
If you're on time, you're late... If you're 10 years early, you're on time. Amazon CEO Jeff Bezos took Amazon from loser to leader in the fight against Climate Change, the day before the Global Climate Strike (which is today).
2 goals: Carbon neutral by 2040 and 100% renewable by 2030... Here's how Amazon's planning to un-do all its carbon footprints:
The purpose of a corporation has changed... Until this year, companies were officially supposed to look after profits only. But the Business Roundtable changed this summer to become less narrow-minded — Amazon is taking care of other stakeholders besides shareholders with this move. Like the planet, and those who live on it.
Disclosure: Authors of this Snacks own shares of Amazon
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