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Amazon said to be gearing to acquire Landmark Theatres

Retail giant Amazon is now said to be contending for an acquisition of 56 cinema strong movie chain Landmark Theatres in a bid to make more moves and disruption in the brick-and-mortar scene.

Landmark Theatres is owned by Wagner/Cuban Cos. with the name notably referencing to its two tech entrepreneur owners Mark Cuban and Todd Wagner who reaped a good fortune selling now defunct internet broadcasting service Broadcast.com to Yahoo for $5.7 Billion in 1999.

An acquisition would indicate the tech behemoth looking to tap into another market consisting of a good customer base for its current streaming and movie production services as Amazon which as of current hasn't made any official comments concerning acquisition reports looks to expand into larger market segments in a bid to grow its vast consumer reach.





Landmark currently counts presence in high-profile locations including LA, San Francisco, New York, Chicago, Philadelphia, Boston, Santa Cruz and Seattle with a total count of 2…

Uber and NASA partner to make its flying cars very safe



Uber and NASA just yersteday announced their partnership/collaboration for the goal of bringing flying taxis to urban areas.

NASA which has been unveiled previously as Uber's partner in its development of electric flying cars and air traffic management software for its fleet has now picked up plans of organizing a ride-sharing network with Uber, all these was revealed at Uber Elevate which holds from the 8th to the 9th of May in Los Angeles.

The Flying cars will be produced by a number of Aerospace companies which include aviation startup Aurora Flight Sciences, Karem, Bell Helicopter, Pipistrel Vertical Solutions and major industry player Embraer.

The companies have all unveiled concepts of the flying cars to be produced for Uber's program.


The concepts feature four propellers around the flying vehicle which allows it to take off and land like a helicopter making use of VTOL technology.

The aircraft will shuttle a maximum of four passengers sitting at the middle and upfront to their various destinations as displayed in the Common Reference Models showcased by Uber.

The batteries of the car take 5 minutes to fully recharge with the aircraft flying at an altitude of 1,000-2,000 feet, Uber will launch Skyports round the US which will facilitate the recharge, Takeoff and landing of its flying vehicles at a rate of up to 200 departures per hour.

Uber's flying vehicles won't start with full autonomy when launched but will do that in a very quick time after it has perfected its flying systems starting with Pilots first.

Uber Air has is also slated to expand to Dallas, Dubai and Los Angeles in just 2 years time.



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Uber adds former NSA General Counsel to lead its security team

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Elon Musk outs more info on considered Tesla takeover

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