Tag Archives: Alphabet Inc

Google`s Alphabet gets first FAA clearance for drone transportation

Your next burrito can be delivered by a drone. Google`s drone delivery service gets a “thumbs up” from FAA, and that means they can start delivering food and drinks to households. Right in front of your door.

Earlier this month, Wing, which is one of the many companies belonging to the tech giant Alphabet (Google), got a “thumbs up” from CASA in Australia. The company has been making trial deliveries by drones for the last year and a half in Canberra without making any mistakes.

CASA gave its approval after testing the safety of the drones, its traffic management system, maintenance, the drone pilot training and operational plans. «There are no risks to pedestrians, real estate or other aircraft,» the test concluded.

This is good for businesses because the cost of the delivery will be dramatically reduced. Google is first on the market but others will follow very soon. Amazon will come. So will Lyft, Uber, UPS and FedEx to name a few. The Game of Drones in on.

The transportation of goods has also added to the increase of CO2 gases emitted into the atmosphere. In the U.S alone, 27% of greenhouse gas emissions come from transportation.

Project Wing is an autonomous delivery drone service aiming to increase access to goods, reduce traffic congestion in cities, and help ease the CO2 emissions attributable to the transportation of goods.

Wing is also developing an unmanned traffic management platform that will allow unmanned aircraft to navigate around other drones, manned aircraft, and other obstacles like trees, buildings and power lines.

Light energy-efficient design enables the drones to fly up to 120 km/h, driven entirely by an all-electric power system with zero carbon emissions.

Wing has conducted tens of thousands of test flights both in the U.S and in Australia over the past six years. The team learned that integration into emergency medical services was it own huge task. Developing safe and reliable drone technology was a challenge unto itself.

So, they hones their focus on redesigning the system to transport small packages, across many everyday situations, where the speed of delivery was a significant factor. In 2016, the team delivered burritos to students at Virginia Tech in what was, at the time, the largest and longest drone delivery test on U.S soil.

Food is a great test case for drone delivery technology because it`s fragile and temperature sensitive and therefore needs to be delivered quickly and carefully.

Wing is developing a new method of transporting goods thats faster, cheaper, and more environmentally friendly that whats possible today on the ground. The Game of drones is on.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Leave a comment

Filed under Stocks

Google is a success story and the European Commission fined them a record $2,7 billion today

Google is a success story and the company is up over 40% since June last year. The company is well-known for its search engine which is the best in the world. Some people in this world doesn`t like this success and one of them is the European Commission.

The European Commission have received many complaints from competitors who claimed that Google abused its search market dominance to give its own business an advantage over other retailers. This is a clear picture of the relationship between Europe and the U.S right now.

 

 

“What Google has done is illegal under EU antitrust rules. It denied other companies the chance to compete on the merits and to innovate. And most importantly, it denied European consumers a genuine choice of services and the full benefits of innovation,” European Competition commissioner Margrethe Vestager said in a statement.

The European Commission has been working on this case for over seven years, and the action came after complaints from rivals such as Yelp, TripAdviser, UK price comparison site Foundem, News Corp and lobbying group FairSearch.

This is not the first time the European Commission has attacked a U.S company. Last year they attacked Apple, and at that time, Commissioner Margrethe Vestager, in charge of competition policy said: “Member States cannot give tax benefits to selected companies.

This is illegal under EU state aid rules. The Commission`s investigation concluded that Ireland granted illegal tax benefits to Apple, which enabled it to pay substantially less tax than other businesses over many years. In fact, this selective treatment allowed Apple to pay an effective corporate tax rate of 1% on its European profits in 2003 down to 0,005% in 2014.”

Apple has their own tax structure in Europe, which is Apple Sales International and Apple Operations Europe. Both are two Irish incorporated companies that are fully owned by the Apple group.

In 2001, the European Commission sent a sternly worded missive to Microsoft. EU accused the software maker of having illegally extended its dominance in operation systems for personal computers (PC`s) into adjacent markets, for tying Windows to programs that play music and videos.

The European Commission said Microsoft was too dominant in the market in 2001. Last year they claimed Google was too dominant in the internet search market. Google were also ruling the smart phone market with their Android system, which will be their next problem.

EU regulators in Brussels fined Google a record $2,7 billion today, ruling that the search-engine giant violated antitrust rules for its online shopping practices, and this is the largest doled out by Brussels.

Google disagreed with the EU action.

«We respectfully disagree with the conclusions announced today (Tuesday).We will review the (European) Commissions decision in detail as we consider an appeal, and we look forward to continuing to make our case,» Kent Walker, Googles Senior vice-president and General Counsel, said in a statement today.

It doesnt stop here. Next time, Brussels will attack Googles Android mobile operating system, which is a case that could potentially be the most damaging for Google.

Theodore Roosevelt led a populist party in 1912, and Ralph Nader campaigned against the power of large corporations such as auto companies. Now, 105 years later, EU is doing the same.

 

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Leave a comment

Filed under Politics