Items tagged with Jeff Bezos

When it comes to smartphones, we can only remember a few recent outright flops that were not only rejected by the tech community, but also general consumers. There was the ill-conceived Microsoft Kin, the HTC First “Facebook Phone” and more recently, the Amazon Fire Phone. In late 2014, Amazon took a $170 million charge on unsold Fire Phone inventory and ended up canning dozens of employees from its Lab126 “skunkworks” division that developed the smartphone.Credit: Flickr - Steve Jurvetson But if you thought that the Fire Phone was an epic fail from Amazon, you haven’t seen anything yet. In an... Read more...
The last time that Amazon released a flagship Kindle e-reader was way back in October 2014. That is when the online retail giant released the Kindle Voyage to much fanfare. The Kindle Voyage brought with it a redesigned exterior, 6-inch 300pi e-ink display, an ambient light sensor and PagePress navigation with haptic feedback. All of this upgraded hardware came with a relatively high $199 price tag.Kindle Voyage 18 months after the launch of the Kindle Voyage, Amazon is now ready to announce its next generation flagship reader. And the confirmation comes from none other than Amazon CEO Jeff Bezos,... Read more...
Blue Origin New ShepardA new space race is taking place today, and it’s being dominated by Silicon Valley companies looking to make space travel more affordable for military, commercial and civilian launches. In November, we saw Blue Origin’s New Shepard space launch system make an incredible voyage to a suborbital height of 62 miles, and then safely land its BE-3 rocket back to Earth. At the time, Elon Musk congratulated Blue Origin (which is helmed by Amazon CEO Jeff Bezos) for its accomplishment, but noted that what SpaceX was trying to achieve with its reusable Dragon 9 rockets was a much harder... Read more...
Elon Musk’s SpaceX hasn’t been able to find complete success when it comes to testing a completely reusable rocket for commercial space travel, but SpaceX’s failures were just greater incentive for Amazon CEO Jeff Bezos. You see, Bezos owns a private space firm called Blue Origin, and while it seems to fly under radar compared to the immense press that SpaceX receives, the company just celebrated an incredible milestone in the efforts to advance reusable rockets for future space travel. Blue Origin launched its New Shepard space launch system, which consists of a BE-3 rocket engine and a top-mounted... Read more...
It won’t be that long before space is a vacation destination. Space flight company Blue Origin announced that it has completed the rocket engine for its New Shepard spaceship and plans to begin tests before the end of the year. “The BE-3 has now been fired for more than 30,000 seconds over the course of 450 tests,” said Jeff Bezos, Blue Origin founder and Amazon CEO. “We test, learn, refine and then test again to push our engines. The Blue Origin team did an outstanding job exploring the corners of what the BD-3 can do and soon we’ll put it to the ultimate test of flight.” Tickets aren’t on sale... Read more...
Jeff Bezos, founder and chief executive officer of Amazon, is fed up with the patent system as it's currently implemented, and he's calling for change. It's an important topic in the field of technology, as Samsung can attest after losing a high-profile legal battle to Apple, in which it was slapped with a billion dollar fine for essentially copying the look and feel of Apple devices. Bezos didn't say whether or not he takes issue with Apple's patent victory over Samsung, but he did go on record as indicating that patents have lost their way and are now stifling innovation rather than protecting... Read more...
It's long been suspected that Amazon either sells its Kindle hardware at cost or at a loss, choosing instead to price its mobile devices aggressively and rake in the profits through content sales, such movies, music, and apps. With regards to the new Kindle Fire HD and Paperwhite models, Amazon isn't taking a hit on each sale, but it isn't making a dime either. "We sell the hardware at our cost, so it is break-even on the hardware," Amazon CEO Jeff Bezos told BBC News. "We want to make money when people use our devices, not when people buy our devices." The CEO's comments highlight the unique position... Read more...