Drones

Microsoft Ventures Makes Investment In Drone Startup
Microsoft Ventures Makes Investment In Drone Startup
February 24, 2017  |  Delivery

Microsoft Ventures, the venture capital (VC) arm of the Redmond, Wash.–based software giant, led a $26 million venture round in AirMap, a drone startup that...

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Verizon Buys Drone Operator
Verizon Buys Drone Operator
February 17, 2017  |  Partnerships / Acquisitions

Aiming to diversify beyond smartphones and data plans, Verizon Communications announced Thursday (Feb. 16) it has inked a deal to acquire private drone management software...

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Suit Filed Against Defunct Lily Robotics
Suit Filed Against Defunct Lily Robotics
January 17, 2017  |  Retail

Last week, Lily Robotics, the much-hyped drone startup, had announced it was shutting down due to insufficient funding just a month shy of its scheduled...

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Amazon Gears Up To Test Wireless Communications System
Amazon Gears Up To Test Wireless Communications System
January 17, 2017  |  Amazon

Amazon is reportedly gearing up to test a wireless communications system at its headquarters in Seattle and in rural Washington. According to a report by...

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Drone Startup Lily Robotics Shuts Down
Drone Startup Lily Robotics Shuts Down
January 13, 2017  |  Retail

Things appeared to be going alright for drone startup Lily Robotics up until recently. In December, reports suggested Snapchat was eyeing the drone startup as...

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CES Drones Questioned by Amazon Exec
CES Drones Questioned by Amazon Exec
January 09, 2017  |  Retail

During a panel at this year’s Consumer Electronics Show (CES) in Las Vegas, Paul Misener, Amazon’s vice president of global innovation policy and communications, warned...

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Amazon And Its Flying Warehouses
Amazon And Its Flying Warehouses
December 30, 2016  |  Retail

In its quest to bring quick, convenient drone delivery to the mainstream masses, Amazon looks to be investigating ways to bring its warehouse fulfillment centers...

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A PYMNTS Letter To Santa
A PYMNTS Letter To Santa
December 23, 2016  |  Retail

Dear Mr. Claus, We here at PYMNTS have hung up our stockings and strung up our lights. We set out the milk and cookies for...

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Snapchat Is On A Buying Hunt
Snapchat Is On A Buying Hunt
December 19, 2016  |  Partnerships / Acquisitions

Snapchat is reportedly in the mood to buy companies, looking at everything from drone companies to wearable camera startups. According to a report by Business Insider,...

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