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Stock impact report

Amazon’s Jeff Bezos Talks Government Contracts and Blue Origin Rockets [Fortune]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Fortune
Amazon chief and owner of space company Blue Origin Jeff Bezos doesn’t plan on backing away from potentially lucrative (but controversial) Department of Defense contracts anytime soon. Speaking Monday at the Wired 25 event in San Francisco, Bezos said “We are going to continue to support the DoD and I think we should.” His comments come after Google said it would no longer bid for a $10 billion cloud computing and data crunching contract with the Pentagon, citing as one of its reasons that the contract conflicts with the company’s internal principles governing ethical uses of artificial intelligence technologies. Amazon, along with companies like IBM and Oracle , are still bidding on the contract. Bezos’ comments come after Blue Origin scored a U.S. Air Force contract to help with unspecified “national security space (NSS) missions,” the company said last week. Bezos acknowledged that some “people are conflicted about this,” referring to technology Show less Read more
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