Tuesday, October 26

Tag: Blue Origin

Jeff Bezos sues US government over NASA’s decision to award space contract to Elon Musk’s SpaceX
News

Jeff Bezos sues US government over NASA’s decision to award space contract to Elon Musk’s SpaceX

World's richest man, Jeff Bezos' new space company, Blue Origin has filed a federal lawsuit to challenge a moon landing contract awarded by NASA solely to rival company SpaceX. SpaceX, owned by one of the worlds richest men, Elon Musk, got the multibillion dollar contract from NASA to produce the space ships needed for the next moon landing by the US. But with this lawsuit filed by Bezos' company, which last month launched a ship into space with humans, the ante has been upped in an already tense standoff between the two billionaires. Details of the lawsuit are not publicly available because the documents are under seal, but Blue Origin claims it is an "attempt to remedy the flaws in the acquisition process found in NASA's Human Landing System," the company said in a statement...
News

Jeff Bezos And Other Passengers To Launch Space Tuesday

American business magnate, Jeff Bezos and three other passengers will fly to space aboard Bezos’ space company, Blue Origin on Tuesday, July 20. The space jet by New Shepard is expected to take flight at around 9 a.m. ET carrying Bezos, his brother Mark, aviator Wally Funk and Oliver Daemen, an 18-year-old and the company’s first paying customer. It will be the company’s first launch with people aboard and the start of a new era for Blue Origin, which is trying to increase its customer base for earth-space flights. Blue Origin isn’t the only company looking to capitalize on the suborbital spaceflight market. Earlier this month, Richard Branson’s Virgin Galactic flew Branson and other passengers to space. Elon Musk’s SpaceX is also trying to launch flight into space. Blue Origin...
Jeff Bezos to Step Down as Amazon CEO After 26 Years at the Helm
Business

Jeff Bezos to Step Down as Amazon CEO After 26 Years at the Helm

The world's richest man, Jeff Bezos will step down as Amazon CEO later this year and transition to the role of executive chair, the company has announced. According to the February 2 announcement, Bezos will be replaced by Andy Jassy. Bezos has been Amazon's CEO since its founding in 1995 and grew the company from an online bookseller into a $1.7 trillion global retail and logistics Heavyweight. His replacement, Jassy has worked for Amazon since 1997 and currently serves as CEO of the company's cloud business, Amazon Web Services.. Bezos said in a letter to employees Tuesday that he is excited to take the next step. "Being the CEO of Amazon is a deep responsibility, and it's consuming," Bezos wrote. "When you have a responsibility like that, it's hard to put attention...
Jeff Bezos and MacKenzie Settle Divorce
Celebs

Jeff Bezos and MacKenzie Settle Divorce

Jeff Bezos, the world’s richest man, has reached a divorce settlement with his wife, MacKenzie, which leaves her a 4% stake in Amazon. Jeff, 55, will keep 75 percent of their Amazon stocks, leaving MacKenzie, 48, with just a quarter which represents a four percent stake in the company worth around $32billion at current value. According to Daily Mail, Jeff’s 12 percent stake is now worth around $100billion which allows him to retain his title as the richest man in the world because he still has $4billion more than Bill Gates. He will also take voting control of her remaining quarter and has been given her stock in The Washington Post and Blue Origin. The pair announced the details in tweets on Thursday afternoon. But there was no mention of how they will divide their sprawling ...

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