Amazon drone plans shot down by authorities
Publishing timestamp: 2015-02-16 11:05:02
Summary
FAA proposes new rules requiring drone operators to keep drones in line of sight, denting Amazon's plans for Prime Air drone delivery service. Amazon threatens to take drone development abroad if regulations are not loosened. Other companies like Alibaba and Deutsche Post DHL are also developing drone delivery capabilities.
Sentiment: MIXED
Keywords: business news, alibaba group holding ltd, technology, deutsche post ag, amazon.com inc,
Source: https://www.cnbc.com/2015/02/16/amazon-drone-plans-shot-down-by-faa.html