Add news
Король и Шут - Девушка и граф (English/Japanese cover by Even Blurry Videos feat. ICHIGO TANUKI)
March 2010
April 2010
May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021March 2021April 2021May 2021June 2021
News Every Day |

Jeff Bezos to Step Down as Amazon CEO on July 5

Amazon founder Jeff Bezos will step down as CEO on July 5, the tech giant announced on Wednesday morning at its annual shareholder meeting. Bezos will hand the chief executive title off to Andy Jassy, a longtime Amazon executive who runs the company’s multibillion-dollar cloud business.

The July 5 exit wasn’t chosen at random; Bezos said on Wednesday, “We chose that date because it’s sentimental for me — the day Amazon was incorporated in 1994, exactly 27 years ago.”

Bezos announced in February he would be stepping down as chief executive later in the year, but an official transition date hadn’t been set until Wednesday. The $189 billion man is still expected to still be heavily involved with the tech giant, though, as he moves into his new role as executive chairman of Amazon.

Jassy, meanwhile, has been with Amazon since 1997 and spearheaded the launch of Amazon Web Services, the company’s cloud business, in 2003. AWS has since grown into a key cog in the Amazon machine, recently reporting $13.5 billion in revenue in Q1, up 32% year-over-year.

Bezos took a moment to sing Jassy’s praises during Wednesday’s shareholder meeting.

“He has the highest of high standards and I guarantee that Andy will never let the universe make us typical,” Bezos said. “He has the energy needed to keep alive in us what has made us special. While it won’t be easy, I do predict Andy will also find it satisfying and oftentimes fun.”

The announcement came during a busy day for Amazon. Earlier in the morning, the company said it had agreed to buy MGM for $8.45 billion. The deal is the second-largest in the company’s history, behind its $13.7 billion acquisition of Whole Foods in 2017. Check TheWrap later on Wednesday for more details and analysis on the Hollywood-shaking MGM deal.

Read also

Raiders star Carl Nassib becomes first openly gay active NFL player as he comes out in emotional Instagram video

Horoscope today, Tuesday June 22: Daily guide to what your star sign has in store for your zodiac dates

Charting path towards empowerment, initiative hones women’s enduro skills

News, articles, comments, with a minute-by-minute update, now on — latest news 24/7. You can add your news instantly now — here
News Every Day

Finland vs Belgium FREE: Live stream, TV channel, kick-off time and team news for Euro 2020 match