A drone operated by an Amazon.com, Inc. (NASDAQ:AMZN) employee that allegedly crashed into Seattle’s Space Needle is not a sign the online retailer’s well known drone program is going rogue, Time Magazine is reporting. Amazon’s drone program had gone rogue Time says there is no evidence to suggest Amazon.com, Inc. (NASDAQ:AMZN)’s drone program had gone rogue after an Amazon employee was caught operating a drone near the Space Needle. The commercial use of drones is prohibited by the Federal Aviation Administration, which is developing rules for how to manage the airspace in a safe fashion, avoiding collisions and other hazards that…
Amazon Employee Operates Drone Near Space Needle
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.