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US Wants Drones to Go the Distance -- Think Amazon Packages and Starbucks Coffee From the Sky

US Wants Drones to Go the Distance -- Think Amazon Packages and Starbucks Coffee From the Sky

Yahooa day ago
The U.S. government wants to make it easier for drones to fly farther way beyond what operators can see paving the way for everything from Amazon deliveries to your morning coffee arriving by air.
Transportation Secretary Sean Duffy says the proposed rules would scrap the need for special waivers, letting drones handle more jobs in farming, filmmaking, emergency medicine and package delivery. We're going to unleash American drone dominance, he said.
Warning! GuruFocus has detected 2 Warning Sign with AMZN.
Flights would be capped at 400 feet and run from FAA?approved spots. Drones would have to give way to manned aircraft, and key staff would face security checks.
Amazon (AMZN, Financials) Summary Financials is already testing drone drops in Texas and Arizona, aiming for 500 million annual deliveries by 2030.
Industry leaders call it a big step toward safer skies and a greener light for commercial drone services.
This article first appeared on GuruFocus.
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Google TV's uncertain future
Google TV's uncertain future

The Verge

timea few seconds ago

  • The Verge

Google TV's uncertain future

Last year, Google surprised online video publishers with some stunning news: the company, which now generates over a quarter trillion dollars with advertising every year, effectively admitted that it isn't very good at selling ads for its own smart TV platform, Google TV. The issue at heart: Google has long required publishers to share a percentage of their ad inventory to be on Google TV. It's a common industry practice. Companies like Roku or Vizio routinely sell a subset of the ad spots you see when you watch videos from third-party publishers on their smart TVs, and they pocket the money as compensation for operating their smart TV platforms. But Google changed course on its own deals with publishers out of the blue and gave previously requested ad spots back to them, I was able to confirm with three sources with knowledge of those changes. The company is now just asking for a cut of their ad revenue — a tacit admission that these companies are better at selling their own advertising. The policy change is just the latest example of something that has plagued Google for a long time: after growing Google TV into a major smart TV platform, Google has struggled to monetize it. The company has been spending hundreds of millions of dollars on Google TV every year, but it has yet to break even on those efforts, I've been told by two sources with knowledge of the issue. And with costs exploding, the company now finds itself at a crossroads, forced to decide how much it is willing to pay to stay relevant in the smart TV space. Google's current smart TV efforts reach back all the way to 2014, when it launched Android TV as a way to bring Android to the living room. Those efforts were supercharged in 2020, when it unified Chromecast and Android TV under the Google TV banner, complete with a new TV UI that put a bigger emphasis on content discovery. The plan, I've been told, was to follow the company's mobile playbook: invest in scale first and then ramp up monetization. Google's TV team has arguably succeeded with the first part of that mission. The company announced a milestone of 270 million monthly active smart TVs and TV-connected devices last September; one source in the know told me that it has likely surpassed the 300 million mark since then. However, many of those devices are in overseas markets that are much more difficult to monetize, and a good chunk are running what's known as the Android TV operator tier — a version of Android's smart TV software that can be heavily customized by pay TV operators and often leaves little, if any, room for Google to make any money. That's why it's so important for Google to have a foothold in the North American smart TV market, where it has partnered with companies like Sony, TCL, and Hisense to run Google TV on their TV sets. However, doing so comes with significant costs — and it is only getting more expensive, thanks to some aggressive moves from Google's archrival Amazon. Last year, Amazon announced it would begin selling Hisense-made Fire TVs at Costco. Left out of the announcement was the fact that these TVs would be replacing Hisense-made TVs running Google TV. Amazon was able to boot Google from Costco's shelves by spending heavily on something that is known in the industry as bounties: every time Costco sells a Hisense Fire TV, Amazon sends some money to Hisense and Costco. The exact terms of those deals are confidential, but I've been told by two sources that Amazon likely ends up paying as much as $50 total per activated TV. Amazon declined to comment when contacted for this story. Google has been paying these kinds of bounties to TV makers and select retailers, as well, but not at Amazon's levels. Faced with the prospect of having to dole out much more money to retain shelf space and keep hardware partners happy, some in the company are now questioning whether Google TV is really worth it. 'The success of our platforms is rooted in the success and scale of our partners, app developers and services, including our own,' said Shalini Govil-Pai, Google's vice president and general manager of TV platforms, when contacted for comment for this story. 'While we may have specific business arrangements with our partners, our focus is and has always been to lead in product innovation and user experience. This is reflected in high user ratings and a global reach of over 270 million monthly active users. We continue to invest in Google TV because we believe the TV remains the center for families to gather and be entertained.' All of that is happening as YouTube is seeing massive success in the living room: TV-based YouTube viewing has skyrocketed in recent years. The video service accounted for 12.5 percent of all TV viewing in the US this May, and now makes up 25 percent of all TV-based streaming. YouTube's ad revenue was $9.8 billion last quarter. In light of that, Google's salespeople are prioritizing YouTube over Google TV, which was one reason for the decision to change revenue-sharing terms with publishers. And while having its own smart TV platform was initially seen as a bargaining chip in negotiations to get YouTube onto third-party devices, there's now little need for that: YouTube has become so huge that it can effectively dictate contract terms to other device makers. As a result, YouTube executives have shown little interest in Google TV, with some openly arguing that Google would be better off spending Google TV's budget on YouTube instead. There are already signs that Google is rethinking its spending on Google TV: The Information first reported about budget cuts affecting Google TV in June. But while that report largely focused on layoffs, I've been told by multiple sources that the number of people let go was actually in line with the company's broader cutbacks across its devices and services unit. The real issue, I've been told by three sources, is a growing discomfort within Google to keep footing the bill for Google TV's retail shelf space bounties. For the time being, the company is still paying these bounties. However, a source with knowledge of those conversations told me that Google has been looking for shorter terms for the kinds of commercial agreements with TV makers that govern bounties, indicating that it may scale back its investment level on those bounties in the near future. What comes then is anyone's guess. It's unlikely that Google would abandon its TV efforts altogether. But with a much smaller budget and unable to effectively compete with companies like Roku and Amazon, there is a possibility that the company could treat smart TVs similar to the way Apple has long approached the space: as little more than an expensive hobby. This is Lowpass by Janko Roettgers, a column on the ever-evolving intersection of tech and entertainment, syndicated just for The Verge subscribers once a from this author will be added to your daily email digest and your homepage feed. See All by Janko Roettgers Posts from this topic will be added to your daily email digest and your homepage feed. See All Column Posts from this topic will be added to your daily email digest and your homepage feed. See All Gadgets Posts from this topic will be added to your daily email digest and your homepage feed. See All Google Posts from this topic will be added to your daily email digest and your homepage feed. 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BlinkRx Launches "Operation Access Now" to Accelerate and Scale Direct‑to‑Patient and Direct‑to‑Business Programs
BlinkRx Launches "Operation Access Now" to Accelerate and Scale Direct‑to‑Patient and Direct‑to‑Business Programs

Yahoo

time28 minutes ago

  • Yahoo

BlinkRx Launches "Operation Access Now" to Accelerate and Scale Direct‑to‑Patient and Direct‑to‑Business Programs

Operation Access Now enables pharmaceutical manufacturers to launch direct‑to‑patient programs within 21 days NEW YORK, August 07, 2025--(BUSINESS WIRE)--BlinkRx, the nation's leading prescription lifecycle management platform, today announced the launch of Operation Access Now, a rapid deployment initiative that enables pharmaceutical manufacturers to build and launch direct-to-patient (DTP) and direct‑to‑business (DTB) channels that expand medication access and deliver pricing transparency in as little as 21 days. This program comes at a moment of growing urgency across the life sciences industry. As traditional access models struggle to meet patient and provider expectations, leading brands are turning to faster, more scalable approaches. BlinkRx's national infrastructure already supports millions of patients across all 50 states. The platform's patient-centric design removes every barrier for patients to start and stay on therapy and delivers significant lift for brands: on average, 52% more patient starts and 41% more fills per patient. With Operation Access Now, the initiative enables: Rapid Stand‑Up: DTP programs that can be operational in as little as 21 days, thanks to BlinkRx's turnkey platform and flexible rules engine. Future-Proof: A modular platform that allows pharmaceutical manufacturers to start with a DTP solution and expand into future capabilities as needs and regulations change. For example, the platform can be deployed for DTB models, and can service both cashpay and insurance patients. Scale: Unique automation capabilities that enable pharmaceutical manufacturers to effortlessly scale based on patient demand and adoption. Legacy DTP solutions, such as copay cards and standalone cash pharmacies, are often costly, inefficient, and prone to patient and physician frustration- causing delays in access, misuse, and poor experiences. BlinkRx's platform addresses these ecosystem issues while ensuring strict regulatory compliance. "Operation Access Now is about removing every barrier between manufacturers and the patients who need their therapies," said Geoffrey Chaiken, Co‑Founder and CEO of BlinkRx. "We're prepared to enable manufacturers to deploy DTP programs and deliver the speed, scale, and flexibility the market demands." About BlinkRx BlinkRx is a Prescription Lifecycle Management Platform that allows the most innovative Life Sciences companies to design every aspect of the prescription journey to unlock branded medication affordability and access for all Americans. Learn more at View source version on Contacts For media inquiries, please contact: Press@

Crocs Sinks Most Since March 2020 on Tariffs, Cautious Consumers
Crocs Sinks Most Since March 2020 on Tariffs, Cautious Consumers

Yahoo

time28 minutes ago

  • Yahoo

Crocs Sinks Most Since March 2020 on Tariffs, Cautious Consumers

(Bloomberg) -- Crocs Inc. shares dropped the most since the start of the Covid-19 pandemic on a weaker outlook, with the maker of colorful clogs warning that cautious consumers are further pulling back on spending. All Hail the Humble Speed Hump Mayor Asked to Explain $1.4 Billion of Wasted Johannesburg Funds Three Deaths Reported as NYC Legionnaires' Outbreak Spreads Major Istanbul Projects Are Stalling as City Leaders Sit in Jail PATH Train Service Resumes After Fire at Jersey City Station Third-quarter revenue will decline approximately 9% to 11%, the company said on Thursday, well below analysts' average estimate for a gain of less than 1%. On Crocs' earnings call with analysts, executives said they won't reinstate full-year guidance, which it first withdrew earlier this year, due to changing global trade policies. The stock fell as much as 29% in Thursday trading in New York, the most since March 2020. The drop pushed the shares' year-to-date decline to nearly 30%, versus a 7.7% increase for the Russell 3000 Index. Chief Executive Officer Andrew Rees said US consumers, faced with price increases, are behaving 'cautiously around discretionary spending.' This 'has the potential to be a further drag on an already choiceful consumer,' he added. 'They're not even going to the stores and we see traffic down,' he said, adding the current conditions are preventing the company from raising prices to compensate for the impact of tariffs on countries where Crocs produces footwear. Crocs joins companies such as Steve Madden Ltd. and Lululemon Athletica Inc. that have been hit simultaneously by economic uncertainty and higher tariffs on nations such as China, which produces a large volume of apparel and footwear. In the three months ended March 31, Crocs reported that China produced around 22% of products send to the US — a percentage the company plans to reduce. A 'predominant portion' of merchandise also comes from Vietnam, Indonesia, India and Cambodia. Crocs is focusing on managing its expenses through cost cuts, inventory reduction and fewer promotions. 'Crocs might have a tougher time navigating tariff pressures, given its decision to pull back on promotions to preserve brand image,' Bloomberg Intelligence analyst Abigail Gilmartin said in a note. --With assistance from Katerina Petroff and Micah Barkley. (Updates with conference call detail and shares trading.) The Pizza Oven Startup With a Plan to Own Every Piece of the Pie Russia's Secret War and the Plot to Kill a German CEO AI Flight Pricing Can Push Travelers to the Limit of Their Ability to Pay A High-Rise Push Is Helping Mumbai Squeeze in Pools, Gyms and Greenery Government Steps Up Campaign Against Business School Diversity ©2025 Bloomberg L.P. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten

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