December 1, 2013: The Amazon Flying Drone Project

Jeffrey Powers @geekazine 5 million, aggregator, amazon, bankruptcy, Buisness.com, day in tech history, disney internet group, domain name, drone, fidonet, internet domain name, jake winebaum, jeff bezos, Marc Ostrofsky, Podcast, r h donnelley, r h donnelley corporation, technology history, twitter, walt disney internet group, Web hosting service, Website, word processor, world wide web 0 Comment November 30, 2019

2013 – Jeff Bezos is interviewed on the show “60 Minutes” on CBS with Charlie Rose. During his interview he unveils a project Amazon has been working on – Flying drone delivery. This secret R&D project called “Octocopter” will have drones fly the packages from outposts in each city to the homes.

In a project Amazon is calling “Prime Air”, they expect the delivery system to be available in the next 4-5 years.

Charlie Rose’ reaction summed it up. “Oh, my God!”.

1999 – It was the most expensive internet domain name. Business.com was first bought in 1997 for $150,000 by Marc Ostrofsky. You might think that is pretty expensive, but economically, it was a great deal. On 12/01/99, Buisness.com was sold to Jake Winebaum for $7.5 million. At that point, buisness.com was officially founded.Jake was a chairman of the Walt Disney Internet group.This domain barely made it through the dot com bubble. They went through 2007 when R.H. Donnelley Corporation acquired the site for $345 million. R.H. Donnelley filed for bankruptcy in June 2009.

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