Jeff Bezos
Blue Origin, Sierra Space weigh future of Orbital Reef space station as partnership turns rocky
A rendering of the “Orbital Reef” space station in orbit. Blue Origin The Orbital Reef space station partnership between Jeff Bezos’ Blue Origin and Sierra Space is on rocky footing, CNBC has learned. The companies announced Orbital Reef as a co-led project in 2021, but updates about the project dried up in the past year. […]
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FAA closes investigation into Blue Origin rocket failure, requires 21 ‘corrective actions’
The moment of the anomaly during the New Shepard cargo mission NS-23, in which the booster’s engine failed. Blue Origin The Federal Aviation Administration closed its investigation into last year’s failed flight of a cargo mission by Jeff Bezos’ Blue Origin, the regulator announced Wednesday. Blue Origin is required by the FAA to “implement 21 […]
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Flexport fires CFO, HR chief departs weeks soon after sudden ouster of Dave Clark as CEO
3 months following Flexport founder Ryan Petersen fired Dave Clark as CEO and returned to operate his offer chain software package startup, the enterprise has ousted its main financial officer, and its human resources main has resigned, CNBC has discovered. Flexport informed CFO Kenny Wagers previous week that he was staying enable go, in accordance […]
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CNBC Day by day Open: Has the BOJ been ambiguous in its communication?
Last Friday, the Japanese central financial institution managed its ultra-unfastened plan and remaining charges unchanged, mindful of the “very higher uncertainties” on the development outlook. Resource
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CNBC Each day Open: Does the BOJ have a conversation situation?
The Japan flag is juxtaposed versus a Japanese yen bank observe. Javier Ghersi | Instant | Getty Images This report is from modern CNBC Daily Open up, our new, worldwide markets publication. CNBC Day by day Open brings investors up to velocity on every thing they require to know, no matter the place they are. […]
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Jeff Bezos’ Blue Origin to replace CEO Bob Smith with outgoing Amazon exec Dave Limp
Bob Smith, chief executive officer of Blue Origin LLC, (L), and Dave Limp, senior vice president of devices and services for Amazon.com Inc. Getty Images Jeff Bezos’ Blue Origin will replace CEO Bob Smith with outgoing Amazon executive Dave Limp, CNBC has learned. Smith is retiring effective Dec. 4 and will remain with the company […]
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FTC names a few Amazon executives in amended grievance in excess of ‘deceptive’ Primary processes
An Amazon employee moves boxes on Amazon Prime Working day in the East Village of New York City, July 11, 2023. Spencer Platt | Getty Images The Federal Trade Commission on Wednesday up to date its criticism in opposition to Amazon for its “misleading” Key indication-up and cancellation processes, adding three senior executives as defendants. […]
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Investing in Space: Industry enters new era with tight funding and SpaceX dominance
On site at the 2023 edition of the World Satellite Business Week conference in Paris, France. Michael Sheetz | CNBC CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on […]
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Oracle inventory suffers steepest fall considering that 2002 on weak revenue assistance
Oracle main know-how officer Larry Ellison speaks at a organization function in Redwood Shores, Calif., on Aug. 7, 2018. Oracle livestream screenshot Oracle shares plummeted 12% on Tuesday, their steepest drop in around two decades, following the software package maker noted disappointing income and issued weaker-than-anticipated advice. The very last time the stock experienced a […]
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Telesat buys SpaceX launches for Lightspeed internet satellites
A rendering of Telesat’s low earth orbit broadband constellation. Telesat PARIS – Competitors or not, SpaceX continues to be willing to launch for other satellite internet companies. Elon Musk’s SpaceX signed a hefty deal with satellite operator Telesat, the companies announced Monday. The agreement covers 14 launches of the Canadian venture’s Lightspeed internet satellites. Telesat […]
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