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Jeff Bezos lifts Apollo 11 Engines from 3 miles Below Ocean Surface

Jeff Bezos revealed that his F-1 Engine Recovery project is a success.

Mar 22 2013, 4:00am CDT | by

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Jeff Bezos lifts Apollo 11 Engines from 3 miles Below Ocean Surface

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Jeff Bezos lifts Apollo 11 Engines from 3 miles Below Ocean Surface

Amazon founder Jeff Bezos likes to be on adventures. One of them is the Apollo F-1 engine recovery project. He now reported that they project is a success and the team has lifted F-1 engine parts from the ocean ground at 3 miles depth.

The team used remotely operated vehicles that worked at a depth of more than 14,000 feet, tethered to the ship with fiber optics for data and electric cables transmitting power at more than 4,000 volts. 

More details here.


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Update: 11

The Fire Phone's So Pricey Because It Costs Amazon a Ton to Build

Source: Gizmodo

We wanted Amazon's recently released Fire Phone to be many things, but most importantly, we wanted it to be (relatively) cheap like all Amazon hardware. So when Jeff Bezos announced the Fire Phone's $650 price tag ($200 on contract), t ...
Source: Gizmodo  Full article at: Gizmodo 2 days ago, 11:25am CDT


Update: 10

The 5 Most Common Myths About 'Time Management'

Source: The Business Insider

The way we act — like spending 13 hours a week on email — suggests that we don't really know what we're talking about when we say "time management."  Over at Harvard Business Review, Amy Gallo pulled apart a handful of the most common myths about time management, including the feasibility of managing your time at all. Here are the takeaways.  Myth 1: That "time" is the most important thing. Jordan Cohen, author of ...
Source: The Business Insider   Full article at: The Business Insider 2 days ago, 10:07am CDT

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Update: 9

Amazon Might Launch Its Own Square-Competitor In August (AMZN)

Source: The Business Insider

Amazon may soon launch its own credit card reader similar to Square's, according to internal documents that 9to5Mac obtained from Staples, which would sell the proposed hardware. The documents show Staples will start stocking a new product called the Amazon Card Reader in August, which would cost $9.99 and be sold alongside other card readers like its own, PayPal's, and Square's.  Square's iconic white card reader took off because it makes it dead-simp ...
Source: The Business Insider   Full article at: The Business Insider 2 days ago, 9:39am CDT

Update: 7

What does Amazon care for losses? Its plan is for world domination

Source: The Guardian Technology

Jeff Bezos wants his customers to live in an Amazon world of books, films, and food. But he needs allies as well as amb ...
Source: The Guardian Technology   Full article at: The Guardian Technology 4 days ago, 6:06pm CDT

Update: 6

There's A Major Revolution In The Book Industry That's Letting Novelists Make A Living

Source: The Business Insider

NPR reported Friday that authors are increasingly able to make a better living for themselves by ditching big-name publishers and selling their books themselves through Amazon. Self-publishing used to be associated with failure. But that stigma is going away as many authors say they're making more money through self-publishing than their counterparts doing it the traditionally more accepted way, according to NPR. The NPR story came a few weeks after t ...
Source: The Business Insider   Full article at: The Business Insider 5 days ago, 4:20pm CDT

Update: 5

Here's Why Amazon Says It Will Lose A Whopping $410-$810 Million This Quarter (AMZN)

Source: Business Insider

Amazon's stock is tanking after the company delivered disappointing Q2 earnings, including enormous predicted losses for next quarter of between $410 and $810 million. In its press release, Amazon said that about $410 million of that will go to stock-based compensation, but what about the other potential $400 million? In Amazon's earnings call, CFO Tom Szkutak explained several major contributors to the expected losses: Investment in Amazon Web Services, digital con ...
Source: Business Insider   Full article at: Business Insider 5 days ago, 8:49am CDT

Update: 4

Amazon loss widens despite climbing sales

Source: Channel News Asia

SAN FRANCISCO: Internet retail titan Amazon on Thursday (July 24) reported a money-losing quarter despite impressive growth in sales, sending shares plummeting by more than nine per cent. The Seattle-based firm said that it had a net loss of $126 million in the quarter that ended June 30, widening the deficit from $7 million in the same period a year earlier.Sales, meanwhile, climbed to $19.34 billion in a 23 per cent ...
Source: Channel News Asia   Full article at: Channel News Asia 6 days ago, 7:57pm CDT

Update: 3

Amazon Stock Plummets After Q2 Earnings Miss

Source: Deadline

Shares are down 10.2% in post market trading after the e-retailer reported a far bigger Q2 loss than investors expected. Amazon lost $126M, up from a $7M loss in the period last year, on revenues of $19.3B, +23.2%. The top line was right on target with analysts’ consensus forecast. But the loss at 27 cents a share far exceeded the 15 cent loss the Street anticipated. What’s more, Amazon warns that it could lose as much as $810M on an operating basis in Q3, up from last year’s ...
Source: Deadline  Full article at: Deadline 6 days ago, 5:34pm CDT

Update: 2

DRONES: Commercial Drones Are Becoming A Reality, With Huge Impacts For Many Industries

Source: Business Insider

Not too long ago, when most people heard the word “drones,” they thought of unmanned military aircraft engaged in highly controversial clandestine operations. But when Jeff Bezos announced that Amazon was testing the idea of delivering packages via drones, he made drones with popular commercial application suddenly seem like a viable proposition. While drones are unlikely to become a part of our daily lives in the immediate future, they will soon begin taking on much larger r ...
Source: Business Insider   Full article at: Business Insider Jul 23 2014, 11:10am CDT

Update: 1

Review roundup: Fire Phone is good for Amazon, but doesn't stack up to competitors

Source: AppleInsider

As e-commerce behemoth Amazon gears up for the release of its first-ever smartphone on Friday, technology journalists have begun to weigh in with their thoughts on the device -- and the returns don't look good for Je ...
Source: AppleInsider   Full article at: AppleInsider Jul 23 2014, 10:44am CDT

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at




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