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☆ Lauren Sanchez says she was crying and holding Jeff Bezos' mother during Blue Origin's first manned spaceflight
▼ + stars: | 2023-11-14 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

Lauren Sanchez said she was crying and holding Jeff Bezos' mom during Blue Origin's first manned spaceflight. Bezos was on the Blue Origin's spaceflight, which took place in 2021. AdvertisementAdvertisementIn 2021, Blue Origin completed its first manned spaceflight. "They were cracking jokes in the capsule, while I'm literally crying, holding his mother," Sanchez told Vogue's Chloe Malle about the launch. They were engraved with Blue Origin's motto "Gradatim Ferociter" — "step by step, ferociously."

Persons: Lauren Sanchez, Jeff Bezos, Blue, Bezos, Sanchez, —, I'm, Vogue's Chloe Malle, MacKenzie Scott, Mark, Oliver Daemen, Wally Funk, Vogue, — Sanchez Organizations: Service, Origin, Vogue, National Enquirer, Wall Street Locations: Dutch

The logo of Australian energy company Origin is pictured in Melbourne, Australia, July 3, 2016. REUTERS/Jason Reed/File Photo Acquire Licensing RightsSYDNEY, Nov 13 (Reuters) - Australian pension fund AustralianSuper said on Monday it had rejected an "eleventh hour" offer from a Brookfield-led consortium and its partner EIG to drop its opposition to their $10.5 billion bid for Origin Energy and join the takeover. AustralianSuper said it was Origin Energy's largest shareholder, but did not specify the size of its stake as it has done in previous releases. Brookfield argues its bid, which comes with the commitment of A$20 to A$30 billion worth of investment, will decarbonise Origin Energy faster than if the company remains in public hands. However, AustralianSuper said on Monday it was also open to stumping up cash to fund Origin's transition.

Persons: Jason Reed, AustralianSuper, EIG, Luke Edwards, Lewis Jackson, Alasdair Pal, Stephen Coates Organizations: REUTERS, Rights, Origin Energy, Financial, Brookfield, Renewable, Thomson Locations: Melbourne, Australia, Brookfield, Sydney

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSYDNEY, Nov 9 (Reuters) - Proxy advisor CGI Glass Lewis on Thursday recommended Origin Energy (ORG.AX) shareholders vote in favour of a $10.5 billion bid from a consortium led by Canada's Brookfield (BN.TO), despite opposition from the target's largest shareholder. Brookfield and EIG Partners last week offered a "best and final" A$9.53 per share for Origin after raising a previous bid. Australia's largest pension fund AustralianSuper opposes the offer and intends to use its 15% stake to vote against the deal at a Nov. 23 shareholder meeting. Origin Energy shares traded 1.9% higher at A$8.905 at 2 p.m. AEDT (0300 GMT) and are up 5.1% since the close of trade on Nov. 2, when AustralianSuper rejected the improved offer. Reporting by Scott Murdoch and Lewis Jackson; Editing by Leslie Adler and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Glass, Canada's Brookfield, AustralianSuper, Glass Lewis, Scott Murdoch, Lewis Jackson, Leslie Adler, Jamie Freed Organizations: Brookfield, REUTERS, Rights, Energy, EIG Partners, Services, Origin Energy, Australia Pacific LNG, Thomson Locations: Brookfield, Australia

☆ Proxy firm ISS recommends vote in favour of Brookfield-led consortium's Origin Energy bid
▼ + stars: | 2023-11-06 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSYDNEY, Nov 7 (Reuters) - Proxy advisory firm Institutional Shareholder Services (ISS) has recommended investors vote in favour of a Brookfield-led consortium's $10.5 billion bid for Australia's Origin Energy (ORG.AX). Brookfield and EIG Partners has offered A$9.53 per share for Origin Energy. AustralianSuper, which holds a 15.03% stake, has said it believes the consortium's bid substantially "undervalues" Origin and will vote against the offer. Brookfield will take ownership of Origin's energy markets business if the vote is in favour of the bid, while EIG's MidOcean Energy will gain a 27.5% stake in Australia Pacific LNG (APLNG). In that scenario, EIG will own Origin and sell the energy markets business to Brookfield, meaning remaining shareholders, including AustralianSuper, will own only APLNG.

Persons: Dado Ruvic, Scott Murdoch, Paul Simao Organizations: Brookfield, REUTERS, Rights, Services, Origin Energy, EIG Partners, Shareholders, Energy, Australia Pacific LNG, Thomson Locations: Brookfield, Australia, Sydney

Nov 6 (Reuters) - EIG Partners Chief Executive Blair Thomas said on Monday he is confident a Brookfield-EIG consortium can win support for its $10.5 billion bid for Origin Energy (ORG.AX) despite opposition from the Australian electricity and gas firm's top shareholder. Pension fund AustralianSuper said on Monday it had increased its stake in Origin to 15.03% from 13.67% and the A$9.53 per share bid remained "substantially" below its estimate of long-term value. Origin will hold a shareholder meeting on Nov. 23, where it will urge investors to vote in favour of the deal. If the deal is successful, Brookfield will take ownership of Origin's energy markets business, while EIG's MidOcean Energy will gain a 27.5% stake in Australia Pacific LNG (APLNG). Thomas confirmed both Brookfield and EIG had discussed with AustralianSuper the possibility of it participating in the deal earlier this year.

Persons: Blair Thomas, AustralianSuper, Thomas, EIG, Scott Murdoch, Lewis Jackson, Archishma Iyer, Edwina Gibbs Organizations: EIG Partners, EIG, Origin Energy, Brookfield, Energy, Australia Pacific LNG, Reuters, Thomson Locations: Brookfield, Australia, Bengaluru

☆ Amazon founder Bezos plans move to Miami from Seattle
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +1 min

Billionaire American businessman Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence in New York City, New York, U.S., September 20, 2021. Michael M. Santiago/Pool via REUTERS/File Photo Acquire Licensing RightsNov 2 (Reuters) - Amazon (AMZN.O) founder Jeff Bezos said on Thursday he was moving to his childhood home of Miami from Seattle to be near his parents and his space firm Blue Origin's Cape Canaveral operations. Seattle, you will always have a piece of my heart," the billionaire said in an Instagram post on Thursday. Private space company Blue Origin's operations are increasingly shifting to Cape Canaveral, Bezos added. Amazon's rapid growth transformed Seattle's South Lake Union district, replacing warehouses and parking lots with offices towers, highly paid tech workers and expensive eateries.

Persons: Jeff Bezos, Boris Johnson, Michael M, Bezos, Abinaya, Lincoln Organizations: Billionaire, British, Thomson Locations: New York City , New York, U.S, Santiago, Miami, Seattle, Canaveral, Amazon's, Cape Canaveral, Lake Union, Bengaluru

☆ Jeff Bezos is moving to Miami after 29 years in Seattle
▼ + stars: | 2023-11-03 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Amazon founder Jeff Bezos announced on Thursday he is moving to Miami from Seattle. Bezos said he's moving to be closer to his parents and Blue Origins' operations in Cape Canaveral, Florida. Last month, Bezos snapped up a seven-bedroom mansion in Indian Creek, Florida, for $79 million. AdvertisementAdvertisementAmazon founder Jeff Bezos is moving to Miami, Florida, just three weeks after snapping up a seven-bedroom mansion on a small private island in Biscayne Bay. Bezos' move from Seattle is significant because Amazon transformed the city into a tech hub, since opening its Seattle headquarters.

Persons: Jeff Bezos, Bezos, —, I've, Insider's Hannah Towey, Carl Icahn, Jared Kushner, Ivanka Trump Organizations: Service, Bloomberg, Zillow Locations: Miami, Seattle, Cape Canaveral , Florida, Indian Creek , Florida, Miami , Florida, Biscayne Bay, Bellevue , Washington, New York

☆ Jeff Bezos is moving to Miami. Step inside 'Billionaire Bunker,' the exclusive neighborhood where he owns 2 mansions.
▼ + stars: | 2023-11-03 | by ( Hannah Towey | ) www.businessinsider.com time to read: +1 min

Jeff Bezos, who has called Seattle home for 29 years, is officially moving to Miami. Jeff Bezos has reportedly purchased a waterfront mansion in Indian Creek, an artificial barrier island in Miami. Karwai Tang/WireImage via Getty Images; Jeffrey Greenberg/Universal Images Group via Getty ImagesBezos made the announcement on Instagram on Thursday evening. "I want to be close to my parents, and Lauren and I love Miami," Bezos wrote of his and his fiancé Lauren Sanchez's decision to make the move. Of course, Bezos is no mere wealthy individual: With a $160 billion net worth, the Amazon founder is currently the second-richest person in the world.

Persons: Jeff Bezos, Karwai Tang, Jeffrey Greenberg, Bezos, Lauren, Miami, Lauren Sanchez's Organizations: Seattle, Getty, Universal Locations: Miami, Indian, Cape Canaveral, Pacific

"AustralianSuper believes Origin has a highly strategic portfolio of assets to participate in, and benefit from, the energy transition," a spokesperson said. Origin shares plunged as much as 5.6% to A$8.565 in high-volume trading following the news, as AustralianSuper's 13.68% holding could scupper a deal that requires approval from 75% of the register if not all investors vote. Should the deal fail at the shareholder vote scheduled for Nov. 23, a revised agreement allows the consortium to make a subsequent off-market bid if it buys 5% or more of Origin shares. "If it gets voted down, Brookfield aren't obligated to come back with an off-market takeover offer, but they may be inclined to," he said. Should the deal close, Brookfield and its partners GIC and Temasek will own Origin's Energy Markets business, which includes power generation and retailing.

Persons: Dado Ruvic, AustralianSuper, Canada's Brookfield, Brookfield, Jamie Hannah, Simon Mawhinney, Allan Gray, Stewart Upson, Scott Murdoch, Lewis Jackson, Sameer Manekar, Jamie Freed Organizations: Brookfield, REUTERS, SYDNEY, bourse, Brookfield Asia, Energy Markets, Saudi Arabia's Aramco, Australia Pacific LNG, Thomson Locations: VanEck, Brookfield, Temasek, Saudi, Australia, Sydney, Bengaluru

AustralianSuper owns a 13.68% stake in Origin Energy and said the offer was "substantially below" its estimate of long-term value for Australia's biggest energy retailer. Origin shares were down 0.9% in early trade on Tuesday at A$9.10 each, which was above the $A8.81 offer price. Origin shares have been trading above the offer price since the deal got an approval from the country's competition regulator on Oct. 10. Origin shares closed at A$9.17 on Monday, 4.1% above the offer price. "The current offer from the Brookfield and EIG-backed consortium remains substantially below our estimate of Origin's long-term value," the firm said.

Persons: AustralianSuper, Max Vickerson, AusSuper, it’s, Scott Murdoch, Lewis Jackson, Sameer Manekar, Josie Kao, Lincoln, Chris Reese Organizations: Origin Energy, Brookfield, stockbroker Morgans, Frontier Economics, Energy, Thomson Locations: Brookfield, EIG, Sydey, Bengaluru

☆ 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

☆ Origin Energy shares surge after regulator clears Brookfield's $9.8 bln bid
▼ + stars: | 2023-10-09 | by ( Scott Murdoch | トムソンロイター | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +4 min

Australian Super, the largest investor, raised its stake to 14% last month and called the shares undervalued. Perpetual, a major Australian fund manager and Origin shareholder, has pushed Brookfield and its partner, U.S. private equity firm EIG, to consider raising their offer to win Origin, according to local media reports. Origin shares jumped to A$9.19 in early trading, well above the A$8.91 per share price of the consortium bid lodged in March, on speculation a higher offer could be forthcoming. Under the consortium deal, Origin will be broken up into two businesses, with its energy markets arm including its electricity generation and electricity and gas retail businesses to be acquired by Brookfield. Brookfield would also be prohibited from selling more than 10% of either Origin or AusNet in the future to one party.

Persons: Dado Ruvic, Max Vickerson, I'm, Vickerson, Newmont, Gina Cass, Gottlieb, Brookfield, Scott Murdoch, Jamie Freed 私 Organizations: Brookfield, REUTERS, SYDNEY, Origin Energy, Brookfield Corp, Australian Competition, Consumer Commission, stockbroker Morgans, Perpetual, Newcrest Mining, Energy, ACCC, AusNet Services Locations: Australian, Brookfield, Australia, Victoria

☆ 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

☆ Blue Origin, Sierra Space weigh future of Orbital Reef space station as partnership turns rocky
▼ + stars: | 2023-09-28 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

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. It's becoming increasingly likely that Blue Origin and Sierra Space will go their separate ways, leaving behind joint efforts to develop Orbital Reef, according to those sources. Shortly after unveiling the Orbital Reef project, Blue Origin won a $130 million contract from NASA for design work on the private space station. "Our team is currently testing window frames and materials in a relevant space environment," Blue Origin said, without mentioning Orbital Reef by name.

Persons: Jeff Bezos, It's, Rebecca Wickes, Wickes, Sierra Organizations: CNBC, Space, Origin, NASA, Sierra

☆ 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

☆ FAA closes investigation into Blue Origin rocket failure, requires 21 'corrective actions'
▼ + stars: | 2023-09-27 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

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 corrective actions," the regulator said in a statement. The FAA noted that Blue Origin will not be clear to launch New Shepard until after Blue Origin implements "all corrective actions that impact public safety" and receives an updated launch license. "We've received the FAA's letter and plan to fly soon," a Blue Origin spokesperson said in a statement. Earlier this year, Blue Origin said the source of the issue was an overheated part in the rocket engine's nozzle.

Persons: Shepard, Jeff Bezos, We've, New Shepard Organizations: Federal Aviation Administration, FAA, Shepard, Origin, BE, Blue Locations: West Texas, Texas, New

☆ CNBC Daily Open: Has the BOJ been ambiguous in its communication?
▼ + stars: | 2023-09-26 | by ( Clement Tan | ) www.cnbc.com time to read: +4 min

Javier Ghersi | Moment | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Korea's Kospi slumped 1.2% to multi-month lows, while the Hang Seng Index slipped 0.9% to lows last seen in August. [PRO] Luxury playsBank of America upgraded three luxury stocks that are bucking the negative trends afflicting the broader sector in Europe. Is his professorial tendency to think aloud and entertain various scenarios getting in the way of clearer market communication?

Persons: Javier Ghersi, Korea's Kospi, Bob Smith, Dave Limp, Smith, Kazuo Ueda, Ueda, Stanley Fischer, bank's Organizations: CNBC, Treasury, Amazon, Blue Origin, European, Coy, Huawei, Luxury, Bank of America, Bank, Japan, Yomiuri Shimbun, Massachusetts Institute of Technology, Reading Locations: Japan, Asia, Europe, Osaka

☆ CNBC Daily Open: Does the BOJ have a communication issue?
▼ + stars: | 2023-09-26 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Smith is retiring effective Dec. 4 and will remain with the company until Jan. 2 for the CEO transition. Coy launchHuawei kept mum on any details about its new phone or reported advanced chip breakthrough at a high-profile launch event Monday. Instead, the company teased two new electric cars — its first sedan and a high-end SUV — and launched new wireless earbuds, among other products.

Persons: Blue, Bob Smith, Dave Limp, Smith, OpenAI's, Trip.com, Goldman Sachs, David Kostin Organizations: CNBC, Treasury, Nasdaq, Dow Jones, Amazon, Blue Origin, Microsoft, Google, Coy, Huawei Locations: China, Singapore, Australia, Thailand

☆ 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

Limp joins Blue Origin at a key phase of the company's multiple space projects. Earlier this year Blue Origin won a $3.4 billion NASA contract to build a lunar lander for the agency's astronauts. However, Blue Origin has since hired aggressively. Read Bezos' message to Blue Origin employees on Monday:I'm excited to share that Dave Limp will join Blue starting December 4th as CEO, replacing Bob, who has elected to step aside on January 2. JeffRead Smith's message to Blue Origin employees:Team Blue, It's been about six years since I joined Blue Origin.

Persons: Limp, Shepard, Smith, Panos Panay, Bezos, Alexa, Limp's, Andy Jassy, Jeff Bezos, Blue, Bob Smith, Origin's, Glenn, –, Read, Dave Limp, Bob, I'd, we've, We've, I've, Dave, Jeff Read, It's, Jeff, I'm, Ferociter, Dave Limp's Organizations: Amazon, Alexa, CNBC, NASA, Blue Origin, Bloomberg, Microsoft, Billionaire, Blue Origin's, Origin, Honeywell, Shepard, Pentagon, U.S . Space Force, Elon, SpaceX, Blue, Amazon Devices, Services, Apple Locations: Van Horn , Texas, U.S, Alabama, Florida, California , Arizona, Colorado, Kent

☆ Elon Musk was upset Bezos did not invite him to visit Blue Origin's factory, after Bezos toured SpaceX in 2004, a new book says
▼ + stars: | 2023-09-13 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Musk's SpaceX and Bezos' Blue Origin have been one-upping each other in a billionaire space race. A new biography of Musk says he was upset with Bezos for not receiving a reciprocal invite to tour Blue Origin's factory after Bezos toured SpaceX. After that, Bezos sent Musk an invite, and the pair shared a dinner that seemingly did not go over well. In 2020, SpaceX completed its first manned spaceflight, while Blue Origin did the same — with Jeff Bezos on board — in 2021. After the tour, Musk sent a "curt" email to Bezos about his annoyance over not having been reciprocally invited to see Blue Origin's factory, per Isaacson.

Persons: Musk, Bezos, Jeff Bezos, Elon Musk's, Walter Isaacson, curt, Isaacson, MacKenzie Scott, Justine Musk, Jeff Organizations: SpaceX, Service, Amazon, Bloomberg, NASA, Financial Times Locations: Wall, Silicon

☆ NASA spent billions on its SLS mega-rocket to take humans to the moon. It finally admitted it is 'unaffordable.'
▼ + stars: | 2023-09-08 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +8 min

NASA officials have said their SLS mega-rocket program is "unaffordable." Officials agree the SLS budget "needs to be improved," but it's not clear how, per a government report. The exact costs are unclearThe GAO says NASA has spent $11.8 billion since 2011 on the development of the integrated SLS rocket. NASA's SLS rocket and Orion spacecraft shown here being rolled of their assembly building ahead of the Artemis I mission. NASA's SLS is an anomalyPart of the criticism for the SLS program is that it sticks out as a "bit of an anomaly" in NASA's latest approach to project development, Rosseau previously said.

Persons: Artemis, Brendan Rosseau, Joel Kowsky, NASA's, Rosseau, it's, SLS's, pare, they've, Eric Berger, Paul Martin, Berger, Blue Origin's Organizations: NASA, Service, Orion, SLS, Office, GAO, Planetary Society, Elon, SpaceX, Harvard Business School, Origin, SpaceX's, SpaceX NASA, Ars Technica Locations: Wall, Silicon

☆ Bezos snubbed Musk's SpaceX for huge satellite launch contract, Amazon shareholder says
▼ + stars: | 2023-09-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

An Amazon shareholder lawsuit says the company snubbed SpaceX for valuable satellite launch contracts because of Jeff Bezos' personal rivalry with Elon Musk , who has taunted his fellow billionaire's space ambitions for years. Last year, Amazon announced what it called the biggest rocket deal in the commercial space industry's history, signing launch contracts with United Launch Alliance (ULA), Arianespace, and Bezos' Blue Origin. Blue Origin has yet to provide a statement in response to CNBC's request for comment on the lawsuit. In January 2022, the suit says Bezos' team told the Amazon audit committee that two contracts had been fully negotiated with Blue Origin and ULA. "Bezos, it must be assumed, could not swallow his pride to seek his bitter rival's help to launch Amazon's satellites," the suit adds.

Persons: Jeff Bezos, Elon Musk, Bezos, –, Andy Jassy, Eisenhofer, Origin's, ULA Organizations: SpaceX, Tesla, Origin, Cleveland Bakers, Teamsters Pension Fund, Amazon, Elon, United Launch, CNBC, CB, Blue, FCC, Foods Locations: Delaware, New York

☆ William Shatner, Star Trek's Captain Kirk, takes on an AI chatbot
▼ + stars: | 2023-08-24 | by ( Rollo Ross | ) www.reuters.com time to read: +2 min

REUTERS/Mike Blake/File Photo Acquire Licensing RightsLOS ANGELES, Aug 24 (Reuters) - Legendary "Star Trek" actor William Shatner has been spending time exploring the new frontier of artificial intelligence. The actor best known for playing Captain Kirk on "Star Trek" talked with ProtoBot, a device that combines holographic visuals with conversational AI, and grappled with philosophical and ethical questions about the technology. Can ProtoBot understand sentience? The ProtoBot device was developed by hologram technology provider Proto Inc with conversational AI developer CodeBaby. It will be released on Sept. 8 and available free to owners of Proto M or Proto Epic hologram units.

Persons: William Shatner, Shepard, Mike Blake, Captain Kirk, ProtoBot, Shatner, Raffi Kryszek, We're, Rollo Ross, David Gregorio Our Organizations: REUTERS, Reuters, Lawmakers, Thomson Locations: Van Horn , Texas, U.S

☆ Space tourists will probably have sex up there, but they shouldn't get pregnant, researchers warn
▼ + stars: | 2023-08-09 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

If someone gets pregnant in space, the radiation could harm them or their embryo, scientists say. Space companies could end up with lawsuits and bad press if they don't talk to tourists about this. SpaceXIt may not even be possible to get pregnant in space, but it's probably not worth taking the chance. That's partly because space research has long been dominated by government agencies. Their findings may not be applicable to humans at all, but they offer hints that reproductive functions could be affected by space radiation and microgravity.

Persons: Jeff Bezos, Richard Branson, Origin's, Yusaku Maezawa, Dennis Tito, Sharon, Marc Hagle, Kris Lehnhardt, Lehnhardt, it's, hasn't, Sally Ride, Walter Villadei, Elon Musk, Ludovic Marin, We're, David Cullen, Cullen, Gonzalo Fuentes Organizations: Service, Shepard, Virgin, SpaceX, NASA, Engineers, Virgin Galactic, Chateau, Cranfield University, Reuters Locations: Wall, Silicon, Boca Chica , Texas, Versailles, Paris

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