Interdrone Recap, British Airways Hack And Amazon’s $1 Trillion Market Value

We are diving into drones, senate hearings, hackers, and $1 trillion companies. Interdrone happened in Las Vegas last week and we share our opinions on the conference and the state of the commercial drone industry. Executives from Facebook and Twitter were welcomed in the United States Senate to answer questions associated with the spread of misinformation on their platforms. Over 380,000 British Airways customers received word their personal information was stolen by hackers a few weeks ago. Lastly, Amazon joined Apple as the only other $1 trillion company – proving that e-commerce, cloud computing, and customer service go a long way.

Interdrone Recap

Steve heading out to Las Vegas last week for Interdrone – the largest commercial drone conference in North America.  The industry has drastically shifted in terms of application, use, innovation, demand, and costs. A few of the industries joining the movement including mining, inspection, cinema, agriculture, mapping, construction, and public safety.

  • Many drone parts are becoming more interchangeable and diverse such as cameras
  • Companies utilize drones to protect employees from being in dangerous positions
  • A number of sessions covered safety, videography, airspace use, enterprise, next-gen
  • A vendor known as a drone killer even set up shop in the exhibitors hall

Facebook and Twitter – More Congressional Hearings

When the United States Senate committees come calling, you typically answer the phone – Facebook and Twitter did, Google let it go to voicemail.  Sheryl Sandberg and Jack Dorsey took the hot seats in front of the nation, apologizing for failed attempts to control to spread of misinformation and pledged to fight to eliminate the issue in the future.

  • Disappointed not to see Google, as their spread and reach is significant online
  • Both companies are threading a fine line of freedom of speech and becoming editors
  • Social media apps have taken a harsh turn in terms of data manipulation and power
  • All we want to see is movement in the right direction, this is a step forward

380,000 British Airways Customers Hacked

Another day, another hack.  We wish we could report on some happy news – like how many people’s data was saved by averting a consumer data hack.  Sadly, that is not what makes headlines in 2018. When it comes to the hacking and theft of information, there is never a dull moment and the battle is constantly being fought.

  • Personal and credit card information was stolen via the British Airways website and app
  • The company notified customers via email and media the day following the discovery
  • The hack appeared to take place between August 21 and September 5
  • Complicated, layered hacking schemes are often spotted weeks or months after theft

How Quickly Amazon Become Worth $1 Trillion

Last month, Apple announced a milestone is business – a valuation of over $1 trillion.  They were not only for very long. Amazon quickly joined the elite club as of last week.  Thanks to their investments in cloud computing, streaming services, and advertising and the acquisitions in healthcare and food, the business doubled their valuation in 9 short months.

  • At the start of the year Amazon was valued at $580 billion – that didn’t last long
  • Domination in ecommerce and customer loyalty is proving profitable
  • Heavy investments in advertising growth, multimedia content are helping
  • Despite numerous attacks domestically, Amazon still continues to grow exponentially

Resources & Links

Social Media Giants Take the Hill

British Airways Major Hack

Apple and Amazon 1$ Trillion Market Value

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