Amazon on Tuesday announced that founder Jeff Bezos will step down as CEO in the third quarter of 2021 and transition to the role of Executive Chair of the board of directors. Andy Jassy, the current head of Amazon Web Services will succeed him as CEO of Amazon. Jassy joined Amazon in 1997 and founded Amazon Web Services shortly after in 2003.“He’s been here almost as long as Jeff,” Amazon CFO...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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