Deutsche Post-DHL AG launched a test flight for drone delivery Monday, just about a week after e-commerce giant Amazon.com Inc. stirred a media frenzy by saying it would use drones to bring packages to customers.
Alibaba Group Holding Ltd. will invest 2.82 billion Hong Kong dollars ($360 million) in Chinese appliances maker Haier Electronics Group Co., as part of a deal between the two companies to form a logistics joint venture.
Amazon got a lot of ink for its sci-fi drone delivery idea this week, but a more real and immediate robot effort underway in the Seattle retailer’s warehouses could save it as much as $916 million a year, according to one analyst.
The Federal Communications Commission said Friday it has delayed until 2015 the timeline for a planned reverse auction of TV airwaves, a decision that reflects the commission’s intent on getting the complex proceeding right.
Any effort by Comcast Corp. to acquire Time Warner Cable Inc. would face significant hurdles in Washington, according to a Federal Communications Commission official, casting doubt on a cable-industry consolidation scenario that has grabbed Wall Street’s attention.
The streaming-music service, Spotify, which has six million paying subscribers and 20 million active users worldwide, is planning a free, ad-supported version for mobile devices, after previously making mobile users pay a monthly fee.