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☆ Whoops! I just (accidentally) screwed Jeff Bezos out of $130.
▼ + stars: | 2024-05-08 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

I wanted to subscribe to The Washington Post, owned by Jeff Bezos, for $12 every 4 weeks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . And I definitely wasn't trying to get one over on The Washington Post. But that's just what happened: I tried to pay the Post, owned by the second-richest man in the world, $156 a year. This story is available exclusively to Business Insider subscribers.

Persons: Jeff Bezos, —, Jeff Bezos's Organizations: Washington Post, Service, The Washington, Verizon, Hulu, Netflix, Spotify, Business

☆ Bezos resuming Blue Origin spaceflights with the man selected to be the nation's first Black astronaut — in 1961
▼ + stars: | 2024-04-06 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Blue Origin is prepping to embark on its 25th mission to space. Among the 6 crew members will be 90-year-old Ed Dwight. AdvertisementSix decades ago, John F. Kennedy's White House chose Ed Dwight to train and become the nation's first Black astronaut. Jeff Bezos's Blue Origin announced on Thursday its six-member crew that will embark on the company's 25th mission to space aboard the New Shepard rocket. This story is available exclusively to Business Insider subscribers.

Persons: Ed Dwight, JFK, Dwight, —, John F, Jeff Bezos's Organizations: Black, Service, Kansas City, Shepard, Business

☆ Billionaires going to space aim to industrialize the moon, asteroids, and Mars. It's time to set some ground rules.
▼ + stars: | 2024-03-23 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +10 min

Read previewThe space business is in bloom and, so far, it's largely unregulated. Other space startups have ambitions including asteroid mining, in vitro fertilization (IVF) in space, and space hotels. As space startups and billionaires vie for a foothold on the moon and beyond, experts say governments probably need to start setting some ground rules. Seven of the world's 10 biggest commercial space operators are based in the US, according to the Organisation for Economic Co-operation and Development. AdvertisementIn another vein, last year Florida passed a bill to protect space companies and their owners from getting sued over spaceflight passenger death or injury.

Persons: —, Jeff Bezos's, Elon Musk, Bezos, NASA What's, George Nield, Galileo, Joel Kearns, Richard Branson, Galactic's, Lyndon B, Johnson, Jeff Bezos, Joe Raedle, Michelle Hanlon, Jared Isaacman, William Shatner, Hanlon Organizations: Service, NASA, Houston, SpaceX, Business, Northeastern University, Federal Aviation Administration's, Space Transportation, JPL, FAA, Virgin Galactic, Virgin, Getty, Artemis Accords, Hague Institute, Global Justice, Washington, Companies, Shepard, Center for Air, Space, University of Mississippi School of Law, titans, US International Trade Commission, Organisation for Economic Co, Federal Communications Locations: Mars, Russia, China, Blue, Florida

NASA awarded Blue Origin $172 million to develop a space station for both astronauts and tourists. The space station, called Orbital Reef, will need to be able to support human life. AdvertisementThe International Space Station won't be around forever, and NASA is pouring hundreds of millions of dollars into its potential replacements. One promising candidate is Orbital Reef — a joint venture between Jeff Bezos's space company Blue Origin and Sierra Space. "Think spacious modules with large windows to view Earth, our blue origin, while experiencing the thrill of weightlessness in complete comfort," Blue Origin states on its website.

Persons: —, Jeff Bezos's, Angela Hart, Chris Hadfield, Matthias Maurer, Blue, Thomas Pesquet, Hart, Artemis, George Scott, NASA's, NASA It's, Biden, there's Organizations: NASA, Service, Origin, NASA's, ISS, Space Station, Space, International, ESA, Artemis, Soyuz, Shepard

☆ Obama takes a shot at the likes of Musk and Bezos, says we must protect Earth before colonizing Mars
▼ + stars: | 2024-03-14 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +3 min

Earth would be more liveable than Mars "even after a nuclear war" and climate change, he said. It comes as Elon Musk and Jeff Bezos test mega-rockets that could take humans to the red planet. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. The prototype rocket, which is a crucial part of Musk's plan to colonize the red planet, blew up on its previous attempts. The rocket could compete with Starship for NASA's plans to return to the moon ahead of heading to Mars.

Persons: Barack Obama, Elon Musk, Jeff Bezos, Obama, Jeff Bezos's, Glenn Organizations: Service, SpaceX, Amazon Locations: Silicon, Paris, Mars

☆ Another Billionaire Finds It's Hard to Run a Newspaper
▼ + stars: | 2024-01-09 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Another billionaire is having a hard time with his newspaper. That's because the LA Times is owned by billionaire Patrick Soon-Shiong, and it is losing money; even though Soon-Shiong is a billionaire, even billionaires have limits. Asked for comment, an LA Times spokesperson said that company leaders "don't generally make forward-looking statements about staffing levels and aren't able to comment further at this time." In 2021, The Wall Street Journal reported that Soon-Shiong was considering selling the LA Times itself , but Soon-Shiong said that was not the case. Last fall, for instance, The Washington Post — owned by Amazon founder Jeff Bezos — one of the richest men in the world — underwent giant staff cuts .

Persons: Patrick Soon, Jeff Bezos's Washington, Warren Buffett, —, Kevin Merida, Patrick, Shiong Axelle, Bauer, Griffin, It's, Shiong, doesn't, Jeff Bezos —, Warren Buffett — Organizations: Los Angeles Times, Jeff Bezos's Washington Post, Service, LA Times, LA, San Diego Union, Tribune, Street Journal, Washington Post, Amazon, Omaha, Alden Global Capital Locations: Merida, San Diego, Berkshire

Amazon founder Jeff Bezos' fund to support homeless families announced $117 million in new grants on Tuesday to organizations across the U.S. and Puerto Rico, which is a part of a $2 billion commitment Bezos made in 2018 to support homeless families and to run free preschools. That brings the amount granted by the Bezos Day 1 Families Fund to benefit homeless families to almost $640 million. The Salvation Army of Greater Charlotte received a second grant this year after first being awarded $5 million by the fund in 2018. The Bezos Day 1 Families Fund did not give a timeframe for when the pledged $2 billion would be distributed or what portion would go to homeless families. Last year, Bezos gave away $122.2 million and has pledged around $12.8 billion in charitable donations, according to The Chronicle of Philanthropy.

Persons: Jeff Bezos, Bezos, Lauren Sánchez, Deronda Metz, ” Metz, Amanda Andere, “, can’t, Andere, Sánchez, Jacklyn Bezos, Miguel, Fred, Dolly Parton, José Andrés, Van Jones Organizations: Fund, Salvation Army, Greater Charlotte, Girls, Urban Institute, National Coalition for, Homeless, Housing, Urban Development, Amazon, CNN, Fred Hutchinson Cancer Center, Associated, Lilly Endowment Inc, AP Locations: Puerto Rico, Seattle, Maui

☆ Is the UK space industry about to take off?
▼ + stars: | 2023-11-14 | by ( ) www.cnbc.com time to read: +1 min

The failure of Virgin Orbit's maiden commercial satellite launch from British soil, and the company's subsequent filing for bankruptcy protection, may have seemed like a fatal blow for the U.K.'s nascent space sector. But a range of companies hope to play a key role in the business of building, launching and operating satellites, a $281 billion industry which has been growing rapidly over the past decade. Billionaire-backed companies like Elon Musk's SpaceX, Jeff Bezos's Blue Origin and Richard Branson's Virgin Orbit have been revolutionizing the space industry over the last decade, which has seen advances in re-usable rockets, the deployment of thousands of small communication satellites and new launch sites opened. To find out how smaller U.K.-based firms are looking to compete, CNBC visited a spaceport being built in the far north of the Shetland Islands, an established satellite-builder and a startup aiming to see one of its re-usable satellites finally make it into space.

Persons: Virgin, Jeff Bezos's, Richard Branson's Virgin Organizations: Elon, SpaceX, CNBC Locations: Shetland

☆ Wealthy movers to South Florida have pushed the real-estate market to new highs. See 6 homes for sale only the rich can afford.
▼ + stars: | 2023-10-28 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

An influx of wealth is reshaping the real-estate market in South Florida. The average home price in Palm Beach hit $20 million, making it the country's most expensive market. Six South Florida homes seeking over $40 million offer perks from a rooftop pool to a tennis court. At the same time, the number of listings has fallen off in Palm Beach and Miami Beach, nudging along competition for what homes come to market. Take a look at six of the most expensive homes for sale in South Florida eyed by these monied movers, with prices topping $40 million.

Persons: —, Larry Ellison's, Ken Griffin's, Jeff Bezos's, Ruthie Assouline, Douglas Elliman, there's, Corcoran Organizations: Palm, Service, Sunshine State, Oracle, Citadel, Miami, Wall, CNBC, Miami Beach Locations: South Florida, Palm Beach, Florida, Valley, New York City, Miami, Beach, Miami Beach, nudging

☆ Bezos' Blue Origin sees third executive departure amid restructuring
▼ + stars: | 2023-10-20 | by ( Joey Roulette | ) www.reuters.com time to read: +3 min

Eilola's departure follows plans announced last month by Bezos to replace Smith, who has been Blue Origin's CEO since 2017, with longtime Amazon executive Dave Limp by the end of the year. Blue Origin did not respond to a request for comment. Bezos founded Blue Origin in 2000 with the vision of having millions of people living and working in space. In the past several months, Blue Origin's corporate structure has changed substantially as its leadership gets a revamp. Blue Origin this year also spun its moon lander program into a new independent business unit.

Persons: Jeff Bezos's, Ivan Pierre Aguirre, Origin's, Jeff Bezos, Bob Smith, Mike Eilola, Bezos, Smith, Dave Limp, Brent Sherwood, Shepard, Limp, Joey Roulette, Will Dunham Organizations: Shepard, REUTERS, Rights, Reuters, Elon, SpaceX, Blue, Amazon, Honeywell Aerospace, Glenn, NASA, Space Systems, Thomson Locations: Van Horn , Texas, U.S, United States

☆ Exclusive: Bezos' Blue Origin expects split on space station partnership -sources
▼ + stars: | 2023-10-02 | by ( Joey Roulette | ) www.reuters.com time to read: +5 min

A Blue Origin spokesperson said Sierra will remain a partner on Orbital Reef but declined to say in what capacity. Last week, Bezos told Blue Origin employees that longtime Amazon executive Dave Limp would replace Blue Origin's current CEO by year's end. In 2021, Blue Origin announced its partnership to build what it envisions as a "business park in space" with Sierra Space, a spinoff from defense contractor Sierra Nevada Corp. Blue Origin secured $3.4 billion from NASA this year for that lander as part of the agency's Artemis program. Blue Origin said at the time it planned to privately invest "well north" of that amount.

Persons: Shepard, Jeff Bezos's, Ivan Pierre Aguirre, Jeff Bezos, Sierra, Brent Sherwood, Sherwood, Bezos, Dave Limp, Glenn, Joey Roulette, Ben Klayman, David Gregorio, Rosalba O'Brien Organizations: REUTERS, Rights, Sierra Space, NASA, Space, CNBC, Blue Origin, Amazon, year's, Sierra Nevada Corp, Origin, Industry, Sierra, Reuters, Thomson Locations: Van Horn , Texas, U.S

☆ US FAA ends probe of Blue Origin's 2022 rocket mishap, needs engine redesign
▼ + stars: | 2023-09-27 | by ( Joey Roulette | ) www.reuters.com time to read: +2 min

The space capsule of Blue Origin's rocket New Shepard, carrying six crew members, is seen before landing, on billionaire Jeff Bezos's company's fourth suborbital tourism flight, near Van Horn, Texas, U.S., March 31, 2022. REUTERS/Ivan Pierre Aguirre/File Photo Acquire Licensing RightsWASHINGTON, Sept 27 (Reuters) - The U.S. Federal Aviation Administration said on Wednesday it has closed a probe into Blue Origin's 2022 New Shepard rocket failure, forcing a redesign of the vehicle's engine and other fixes before the company can resume its suborbital launch business. Blue Origin must take 21 corrective actions before its reusable New Shepard rocket can return to flight, including a "redesign of engine and nozzle components to improve structural performance during operation as well as organizational changes," the FAA said. The FAA, which regulates launch site safety and oversees mishap investigations led by rocket companies, cited the same conclusion as Blue Origin's in its statement on Wednesday. Reporting by Joey Roulette; Editing by Leslie Adler, David Gregorio and Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Shepard, Jeff Bezos's, Ivan Pierre Aguirre, we've, uncrewed, Jeff Bezos, Joey Roulette, Leslie Adler, David Gregorio, Richard Chang Organizations: REUTERS, Rights, U.S . Federal Aviation Administration, Shepard, FAA, NASA, Thomson Locations: Van Horn , Texas, U.S, Texas, New

☆ Bezos's Blue Origin names former Amazon executive as CEO -internal email
▼ + stars: | 2023-09-25 | by ( Joey Roulette | ) www.reuters.com time to read: +3 min

REUTERS/Joe Skipper/File photo Acquire Licensing RightsSept 25 (Reuters) - The chief executive officer of Jeff Bezos's space company Blue Origin, Bob Smith, will step down at the end of the year to be replaced by former Amazon executive Dave Limp, who ran products such as Kindle, according to emails seen by Reuters. Limp, a former senior vice president at Amazon who led the company's consumer devices unit, will become Blue Origin's CEO on Dec. 4, an email from Bezos, Blue Origin's founder, said. "Jeff and I have been discussing my plan for months," Smith told employees in an email sent Monday. He added he would remain with the company until Jan. 2 "to ensure a smooth transition with the new CEO." Limp, a more than 13-year veteran of Amazon, had overseen some of Amazon's well-known consumer devices, such as Echo products.

Persons: Jeff Bezos, Blue, Bob Smith, Bezos, Joe Skipper, Jeff Bezos's, Dave Limp, Jeff, Smith, Limp, Elon, New Glenn, Joey Roulette, Pooja Desai, Sonali Paul Organizations: Billionaire, Blue Origin's, REUTERS, Amazon, Reuters, Blue, SpaceX's, NASA, Honeywell Aerospace, SpaceX, Boeing, Lockheed, United Launch Alliance, Thomson Locations: Van Horn , Texas, U.S, New

☆ Telesat taps SpaceX to launch its broadband satellites in orbit
▼ + stars: | 2023-09-11 | by ( Steve Scherer | ) www.reuters.com time to read: +3 min

LEO satellites operate 36 times closer to Earth than traditional ones so they take less time to send and receive information, leading to better and faster broadband service even in remote areas. "It is another big step forward on our path to get Lightspeed up there," Telesat CEO Dan Goldberg told Reuters. Telesat picked Elon Musk's SpaceX because it had "the best combination of price, performance, reliability and schedule tempo," Goldberg said. Satellite constellations have sapped large amounts of the U.S. launch supply in recent years with considerably large bulk launch orders like Telesat's SpaceX contract. SpaceX aims to nearly double its annual launch rate in 2023 thanks to its growing Starlink constellation.

Persons: Dan Goldberg, Blair Gable, Telesat, Elon, Goldberg, we've, Jeff Bezos's, Steve Scherer, Joey Roulette, Will Dunham Organizations: REUTERS, Rights, SpaceX, LEO, Lightspeed, Reuters, Canada's MDA, Thales Alenia Space, Thales, MDA, Amazon, Thomson Locations: Canadian, Ottawa , Ontario, Canada, Washington

☆ Leaked email shows Jeff Bezos's Blue Origin is tightening its return-to-office policy: 'Blue is a work-from-work company'
▼ + stars: | 2023-08-02 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Blue Origin tells many employees to be in the office 5 days a week, internal email shows. Last year, Blue Origin told managers it would be flexible about employee work schedules. "As you know, Blue is a work-from-work company," Blue Origin added in the email. A Blue Origin spokesperson didn't respond to a request for comment. According to the recent email reminder, Blue Origin leaders said working in-person is important from "a culture, comradery, and results perspective."

Persons: Jeff Bezos, didn't, Mike Eilola, Eilola Organizations: Origin, Amazon, Company, Google, Blue Origin's Locations: Denver , El Segundo, Woodland Hills, Phoenix, Reston , Virginia, Seattle, Florida , Texas, Huntsville , Alabama

☆ Amazon builds $120 million satellite processing hub in Florida
▼ + stars: | 2023-07-21 | by ( Joey Roulette | ) www.reuters.com time to read: +2 min

WASHINGTON, July 21 (Reuters) - Amazon (AMZN.O) is building a $120 million processing facility at NASA's Kennedy Space Center in Florida for its thousands of planned Kuiper internet satellites, the company and state officials said Friday. The Kuiper internet network, which will largely compete with Starlink from Elon Musk’s SpaceX, is expected to complement Amazon’s web services powerhouse. The Florida facility will employ 50 staff and be a last stop for Amazon's Kuiper satellites before they go to space, after being manufactured at the Kuiper project's primary plant in Redmond, Washington. The company has bagged 77 heavy-lift rocket launch contracts, potentially worth billions of dollars combined, mostly from the Boeing-Lockheed joint venture United Launch Alliance and Jeff Bezos's space company Blue Origin. Anna Farrar, a spokeswoman for Space Florida, a state-funded entity to attract space businesses to Florida, said Amazon is eligible to receive funds under a state grant for transportation-related projects but "has not received any funding to date."

Persons: Steve Metayer, Jeff Bezos's, Anna Farrar, Joey Roulette, Deepa Babington Organizations: Kennedy Space Center, Amazon, Starlink, Elon Musk’s SpaceX, Kuiper Production, Boeing, Lockheed, United Launch Alliance, Origin, Space, Thomson Locations: Florida, Redmond , Washington, Space Florida

☆ Microsoft's market value soared as much as $154 billion in just a day. That nearly matched Jeff Bezos' entire fortune.
▼ + stars: | 2023-07-19 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +3 min

Microsoft gained as much as $154 billion in market cap in a single day after unveiling the Copilot subscription service. The tech giant is poised to become the second company ever to reach a $3 trillion valuation, according to Morgan Stanley. That saw its market cap balloon by as much as the above-mentioned figure during intraday trades, before ending the session with a $102 billion increase. Amazon founder Bezos' wealth totaled $157 billion as of Tuesday, according to the Bloomberg billionaires index. Their combined value now stands at an eye-watering $11 trillion – which, to offer another comparison, is nearly triple the GDP of Germany.

Persons: Jeff Bezos's, Morgan Stanley, Jeff Bezos, Bezos, OpenAI's, Tesla, Morgan Stanley's Keith Weiss Organizations: Microsoft, Service, Bloomberg, Apple, Nvidia Locations: Wall, Silicon, OpenAI, Germany

Virgin Galactic leases part of the facility. The flight marked a long-delayed breakthrough for Virgin Galactic Holding Inc (SPCE.N), finally inaugurating commercial service after nearly 20 years fraught by development setbacks. Virgin Galactic said Unity topped out its flight at an altitude of nearly 52.9 miles (85.1 km). A final crewed test flight to space was conducted with little fanfare five weeks ago. An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another.

Persons: Richard Branson, Joe, Branson, Burt Rutan, Jeff Bezos's, Elon Musk's, Walter Villadei, Angelo Landolfi, Pantaleone, Colin Bennett, Michael Masucci, Nicola Pecile, Bezos, Shepard rocketship, Jose Luis Gonzalez, Steve Gorman, Will Dunham, Nick Zieminski Organizations: Virgin, REUTERS, Virgin Galactic, National Research Council, VSS Unity, America, Galactic, Virgin Galactic Holding Inc, . Virgin, Elon Musk's SpaceX, Italian Air Force, International Space, Air Force, Unity, NASA, U.S . Air Force, Thomson Locations: New Mexico, U.S, Italy, Mexico, Italian, Los Angeles

The flight marks a decisive moment for Virgin Galactic Holding Inc (SPCE.N), the space tourism venture founded by British billionaire Richard Branson in 2004, as it inaugurates commercial service following several years fraught with development setbacks. Rounding out the crew was their Virgin Galactic trainer, Colin Bennett, the company's lead "astronaut instructor," and Unity's two pilots, Michael Masucci and Nicola Pecile. A final crewed test flight to space was conducted with little fanfare five weeks ago. Virgin Galactic has said it has already booked a backlog of some 800 customers, charging from $250,000 to $450,000 per seat, and envisions eventually building a large enough fleet to accommodate 400 flights annually. An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another.

Persons: Richard Branson, Jeff Bezos's, Elon Musk's, Walter Villadei, Angelo Landolfi, Pantaleone, Colin Bennett, Michael Masucci, Nicola Pecile, Branson, Bezos, Shepard rocketship, Jose Luis Gonzalez, Steve Gorman, Will Dunham Organizations: Virgin Galactic, National Research Council, Italy, Virgin Galactic Holding Inc, Virgin, Elon Musk's SpaceX, Italian Air Force, VSS Unity, International Space, Air Force, America, Unity, NASA, U.S . Air Force, Thomson Locations: New Mexico, Italy, British, Italian, Los Angeles

Virgin Galactic leases part of the facility. The flight marked a long-delayed breakthrough for Virgin Galactic Holding Inc (SPCE.N), finally inaugurating commercial service after nearly 20 years of fraught by development setbacks. Rounding out the crew was their Virgin Galactic trainer, Colin Bennett, the company's lead "astronaut instructor," and Unity's two pilots, Michael Masucci and Nicola Pecile. Virgin Galactic said Unity topped out its flight at an altitude of nearly 52.9 miles (85.1 km). An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another.

☆ Analysis: Boeing, Northrop face obstacles in commercializing flagship US rocket
▼ + stars: | 2023-06-07 | by ( Joey Roulette | ) www.reuters.com time to read: +6 min

[1/3] NASA's next-generation moon rocket, the Space Launch System (SLS) rocket with its Orion crew capsule perched on top, is shown on its launch pad as it is prepared for launch in Cape Canaveral, Florida, U.S. November 12, 2022. NASA's SLS vision has its skeptics. NASA currently manages SLS production, with Boeing and Northrop its top contractors, each having contracts under which the space agency bears any delay costs. Boeing and Northrop executives have declined to discuss plans for cutting SLS costs under the proposed commercial contract. Boeing has said the SLS program has created 28,000 jobs.

Persons: Joe Skipper, Colonel Douglas Pentecost, Glenn, Jeff Bezos's, Cristina, Jim Free, Artemis, Amit Kshatriya, Kshatriya, Joey Roulette, Will Dunham, Ben Klayman Organizations: Orion, REUTERS, WASHINGTON, Boeing, Northrop Grumman, Pentagon, Northrup, U.S . Department of Defense, DoD, U.S, military's Space Force, NASA, SLS, Elon Musk's SpaceX, Office, U.S . Congress, Northrop, Artemis, Space, Reuters, Thomson Locations: Cape Canaveral , Florida, U.S, Florida

☆ MacKenzie Scott wants to know why she should give your nonprofit a $1 million donation from a $250 million pot of cash
▼ + stars: | 2023-03-23 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

MacKenzie Scott launched a $250 million "open call" for nonprofits. She plans to make 250 donations of $1 million apiece through her organization, Yield Giving. However, Scott's charity is now asking nonprofits to tell them why they should get a $1 million donation from a $250 million pot of cash. Jeff Bezos's ex-wife says the "open call" will support 250 "organizations making positive change in their communities." "So there are three big headlines here in my heart: community changemakers can nominate themselves.

☆ Jeff Bezos's partner Lauren Sanchez reportedly shot a film over the summer that includes a small part for Bezos's teenage daughter
▼ + stars: | 2023-03-20 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +2 min

Lauren Sanchez secretly financed and shot a film over the summer, according to Puck. Bezos's normally private teenage daughter reportedly interned on the project and was given a speaking part. The multi-million dollar film, "The Golden Door," was reportedly self-financed by Sanchez and is not yet ready to be released. However, Puck, citing people close to the film's production, reported that Bezos's teenage daughter was an intern on the project and was even given a small speaking role. Sanchez is a former reporter and anchor who later started an aerial film and production company called Black Ops Aviation.

☆ Author who coined the term 'metaverse' says AI-generated content is 'hollow and uninteresting' because people aren't 'communing with the creators'
▼ + stars: | 2023-02-27 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Author and entrepreneur Neal Stephenson has spoken out about AI-generated content. Speaking to the FT, he said things produced by AI might seem comparable to those produced by humans. In one part of the interview, he told the outlet: "I think of AI in terms of supply and demand. Stephenson coined the term metaverse in his 1992 sci-fi novel "Snow Crash." It's even been listed as author or co-author of more than 200 books on Amazon's bookstore, Reuters reported first.

☆ Amazon is quietly streamlining its hiring process by dropping its 'Bar Raiser' program for some interviews. Employees worry it's lowering the quality of candidates getting jobs at the company.
▼ + stars: | 2023-01-11 | by ( Eugene Kim | ) www.businessinsider.com time to read: +7 min

By abandoning the bar raiser for some mostly entry-level positions, Amazon shortened the hiring process and was able to hire more aggressively. In January 2021, for example, a group of bar raisers complained about the small number of bar raisers relative to the total employee base, and the lack of engagement from many of them. Current Bar raisers are overworked and disengagedOthers expressed concerns about overwhelmed or disengaged bar raisers causing a potential drop in talent at Amazon. One person in the 2021 email thread said "Amazon's hiring bar was at stake" if the bar raisers failed to live up to company standards. Amazon's HR chief Beth Galetti said Amazon's hiring bar "keeps getting higher and higher" and that "keeps all of us growing and evolving every day."

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