Blue Origin Considers First-Ever Outside Investment to Support Expanded New Glenn Launches Amid Recent Failures
Blue Origin, funded by Jeff Bezos primarily through Amazon stock sales, is considering seeking outside investment to support increased launch cadence after its New Glenn rocket launch complications. The company plans to increase launches but faces challenges including a recent failed launch and regulatory oversight.
Blue Origin to Lay Off 1,400 Employees Amid Shift to Speed Up Manufacturing Post-New Glenn Launch
Blue Origin announced it will lay off about 10% of its nearly 14,000 employees to reduce bureaucracy and better align roles with company priorities following the successful launch of its New Glenn rocket. CEO Dave Limp emphasized the need to focus on scaling manufacturing and launch cadence efficiently to compete with SpaceX.
T-Mobile Settles FCC Cybersecurity Breaches for $31.5M; Amazon and TerraPower Highlighted in GeekWire's Top Stories for Week of Sept. 29, 2024
The week of September 29, 2024, on GeekWire highlighted major tech news including T-Mobile's $31.5 million FCC settlement over cybersecurity breaches, Amazon's safe recovery of a toddler from a package locker, TerraPower's isotope production for cancer drugs, and leadership changes at Amazon and AWS.
Organizations
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Blue Origin Chief Executive Officer · current
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Amazon Former Devices Chief, Former Head of Devices & Services (Amazon), SVP, Devices & Services · past
