The week finishes with still more Amazon news. The company is sincere about wanting to use drones to make deliveries. After the FAA made it clear in late June that they are still prohibiting commercial uses of drones, Amazon formally applied for an exemption from that regulation. News of that application has sent their stock up over 4 percent in Friday morning trading (almost $15 a share). In the letter, Amazon says: “We are rapidly experimenting and iterating on Prime Air inside our next generation research and development lab in Seattle. In the past five months, we have made advancements […]
