Bezos

Parachute Problem: Blue Origin Investigates Parachute Issue After Jeff Bezos’ Capsule Incident

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Blue Origin, based in Kent, Washington, founded by Amazon billionaire Jeff Bezos, is currently investigating an incident that occurred during its recent crewed flight. This incident involved a parachute failure on the New Shepard capsule, leading to concerns about the safety of the mission. The company’s New Shepard rocket, launched on May 19, carried a six-person crew into suborbital space. Despite the successful landing of the crew capsule, only two out of three parachutes fully …

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Space Flight Legacy: Ed Dwight, America’s First Black Astronaut Candidate, Rockets into Space 60 Years Later with Jeff Bezos’ Company

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Van Horn, Texas – Ed Dwight, the first Black astronaut candidate in America, fulfilled his dream of going to space sixty years after initially being overlooked by NASA. On Sunday, he soared into space with Jeff Bezos’ rocket company, Blue Origin, marking a significant milestone in his life. President John F. Kennedy once endorsed Dwight as a potential NASA astronaut, although he was not chosen for the 1963 class. At 90 years old, Dwight experienced …

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Philanthropy: Jeff Bezos Awards $100 Million Each to Eva Longoria and Bill McRaven, Here’s How They Plan to Use It

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Seattle, WA – Amazon founder Jeff Bezos and his fiancée Lauren Sánchez recently awarded $100 million in grants to two individuals as part of Bezos’ annual Courage and Civility Award. The recipients are retired Navy admiral Bill McRaven and actress Eva Longoria, who were each given $50 million to support their respective charitable endeavors. Bezos, whose net worth is estimated around $200 billion, established the Courage and Civility Award in 2021 to recognize individuals making …

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Robotics startup Figure AI secures $675 million in investments from Jeff Bezos and Microsoft to deploy humanoid robots in warehouses.

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San Francisco, California – A startup in San Francisco is making waves in the robotics industry with its ambitious goal of putting humanoid robots in warehouses across the globe. Figure AI Inc. is attracting attention from high-profile investors like Jeff Bezos and Microsoft, who are contributing to the company’s impressive $675 million funding round. The company’s flagship robot, Figure 01, is designed to tackle dangerous warehouse tasks, addressing the challenges posed by labor shortages in …

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Mega-Mansion Makeover: Jeff Bezos’ $175 Million Beverly Hills Oasis Gets Tropical Upgrade

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Beverly Hills, California – Jeff Bezos, the billionaire behind Amazon, continues to make waves in the real estate world with his extravagant megamansion. The Daily Mail reports that Bezos, worth nearly $194 billion, has been adding luxurious final touches to his Beverly Hills estate, which he purchased from media mogul David Geffen for a whopping $165 million in 2020. The property has seen significant enhancements over the last four years, including the addition of basketball …

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Humanoid Robot Startup Gains Backing from Bezos and Nvidia, according to Bloomberg

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Seattle, WA – Tech giants Jeff Bezos and Nvidia have joined forces in backing a humanoid robot startup, as reported by Bloomberg. The company known as OpenAI is the recipient of this funding, which aims to develop cutting-edge artificial intelligence and robotics technology. OpenAI, based in San Francisco, has made waves in the tech industry with its innovative approach to AI research and development. The partnership with Bezos and Nvidia signifies a pivotal moment in …

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Jeff Bezos Sells $2.4 Billion in Amazon Shares in Nine Days – Find Out Why He’s Making the Big Move to Miami

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SEATTLE, WA – Former Amazon CEO Jeff Bezos has recently completed the sale of 14 million shares of Amazon.com Inc. The shares were sold for approximately $2.4 billion, well within the nine trading days timeframe that Bezos had initially planned to sell up to 50 million shares. The most recent transaction, which concluded on Tuesday, saw Bezos cash out a total of $8.5 billion over three trading days, as revealed by a regulatory filing. Before …

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“Wealthiest” Jeff Bezos Dumped $6 Billion in Amazon Stock – What’s Next for the World’s Third Wealthiest Person?

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Kansas City, Missouri – Amazon founder Jeff Bezos has sold approximately $6 billion worth of Amazon shares in the past month, according to a recent regulatory filing. The sales mark the first time Bezos has sold Amazon stock since May 2021, when he stepped down as Amazon CEO. Bezos sold about 12 million Amazon shares at an average price of $169.50 a share on Tuesday and Wednesday. The sales were executed under a trading plan …

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Jeff Bezos’ $2 Billion Stock Sale in Miami Saves Him Over $140 Million in State Taxes – Find Out How!

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Miami, Florida – Jeff Bezos, the founder of Amazon, saved millions of dollars in state taxes by selling $2 billion worth of stock in Florida, a state with no income or capital gains tax. Bezos made the decision to move from Seattle to Miami in 2022, citing reasons such as being closer to his parents and the launch site for his space company, Blue Origin. However, many speculate that the move was also influenced by …

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Billionaire Jeff Bezos Shocks the Market with $2 Billion Amazon Stock Sale – What’s Next for the Former CEO?

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SEATTLE, WA – Former Amazon CEO Jeff Bezos has filed a statement with federal regulators, revealing his sale of nearly 12 million shares of Amazon stock, totaling over $2 billion in value. The sale, which took place on February 7 and 8, was disclosed to the U.S. Securities and Exchange Commission. The value of the shares exceeded $2.04 billion, as reported by the listed price totals. The shares were sold in five blocks, ranging from …

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