Blue Origin raised offer to cover $3B in lunar lander costs in lost NASA lawsuit
An offer by Jeff Bezos’ Blue Origin to cover NASA costs of an astronaut lunar lander increased from $2 billion to upwards of $3 billion
Bob Smith, the CEO of Blue Origin said that the company would “add valuable competition” and help in covering NASA’s “budget and funding shortfall” for the program that led to the agency selecting just one company for the HLS contract
Roblox and Nike strike deal to create virtual world called “Nikeland”
On November 18, Nike announced that it is partnering with Roblox to create a virtual world called “Nikeland” on Roblox’s gaming platform online
In this virtual gaming space, it will include Nike buildings, fields, and arenas for players to compete in multiple mini-games
The company eventually plans to integrate in-play moments that emulate global sporting event
Amazon and Starbucks open chashierless coffee shop showcasing new technology
In midtown Manhattan, New York, Starbucks is opening a pick-up cafe with Amazon that utilizes cashierless technology
The first Starbucks Pickup with Amazon Go location opens Thursday in New York City on 59th Street, between Park and Lexington Avenues, with a flag outside waving both companies’ logos
Amazon’s technology allows customers to leave without seeing a cashier and scales, cameras and shelf sensors tally up customers’ totals and charge them when they leave
GlobalFoundries and Ford partner to increase supply of chips for vehicle production
Included in Ford’s plans to inrease its short- and long-term supply of semiconductor chips, the company has announced a new partnership with GlobalFoundries
This may eventually result in new chip designs specifically for Ford and an increase in the domestic production and supply of chips for the overall automotive industry
CVS plans to close 900 stores in transition to its “digital strategy”
On November 18, CVS Health said that it will close about 900 stores over the next 3 years as it transitions to better serving online shoppers
The chain has said that it will focus more of its funding towards digital growth and transitioning its stores into a sort of department store for health-care products
According to CVS, store closures will begin in the spring of 2022
Ford CEO says EV production to increase to 600,000 by 2023
According to Jim Farley, the CEO of Ford, the company plans to increase production capacity of its electric vehicles to 600,000 vehicles
Farley expects this mode to make Ford the second-largest US based EV manufacturer in the world, behind tesla
Ford’s first three new Electric vehicles are currently the Mustang Mach-E, E-Transit, and F-150 Lightning
K Buenavista
Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.