The tech giants in the us are dominating the business agenda today. Jeff bezos is stepping down as amazons Chief Executive. The Online Retail giants founder will move to become the compa ny s executive chairman. He will be replaced as ceo by andy jassy, the current boss of amazons Cloud Computing business. And this comes as the firm reported 386 billion in sales in 2020, thats up 38 on the year before. Their profits almost doubled, rising to 21. 3 billion. So whats been the reaction to the news bezos is stepping to the side, and what do we know about the new boss . Duncan howe is e commerce strategist at cheil uk, which is a Digital Marketing and advertising agency. Duncan, welcome to the programme. Executive chair man still means he will have a lot of control and very much involved in and is on, but it is the day to day responsibility. What do you think about this move . I responsibility. What do you think about this move . I think it is a bit of think about this move . I think it is
Around these companies, whether that means private ownership or state involvement. Dagen much more of marias interview throughout the show. Rallying again, President Trump officially restarts his 2020 campaign with the rally in tulsa, oklahoma over the weekend, what he said about his opponent and the controversy over crowd size ahead. Speaking of rally futures back on the rise this morning, 216 point gain after fridays disappointing downturn led by apples decision to close stores over fear of coronavirus, but look at the markets go last week, gains across the board. The nasdaq is up 45 from the bear market low. Dining in sunshine, new york city allowing restaurants to reopen with customers taking a seat outside, restaurant ur lady gagas father. Mornings with maria is live right now. Dagen european stocks, good morning, european stocks largely flat after losses, slight gain in ftse 100 in england. Wire cart shares plummeting overnight. Resurgence of coronavirus around the world. World H
Peter this week on the communicators, we want to introduce you to luther lowe, who is the Senior Vice President for Public Policy for a site called yelp. Mr. Lowe, what exactly is yelp, and what do you do . Luther thank you for having me on today, peter. It is a pleasure. Yelp is a website and Popular Consumer application that allows people to connect with great local businesses. It is a service that empowers and protects consumers, allows people to discover great local gems, at a way for consumers to warn fellow consumers about not so great businesses. Host how many visitors a month to have . Luther depending on how you break it out, there are folks who access it via mobile web, the website, the app, it is north of 100 Million People then we have 200 million reviews that have been submitted. Host how do you make money . Luther yelp is a vertical Search Engine, not unlike google. If i do a search for a dentist in san diego, there are handful of dentists who are paying to basically have
People to connect with state and local businesses. Its a service that empowers and protects consumers, allows people to discover great local gyms and a way for consumers to warn fellow consumers about not serving businesses. Host how many visitors a month did you have . Guest depending on how you want to break it out, theres folks that access it via mobile web, via the website, via the app. Its about, north of 100 Million People and then we had over 200 million reviews that have been submitted. Host how do you make money . Guest not unlike Services Like google, Search Engines, it is a vertical Search Engine, basically if i do a search for a dentist in san diego, there are a handful of dentists who are paying to basically have a sponsored clearly labeled as such link that lives up of the organic search results and, therefore, they get more discovery of the business and more people, or patients coming through their the door. Host you are the senior vp for Public Policy so obviously we ha
Luther thank you for having me on today, peter. Yelp is a website and Popular Consumer application that allows people to connect with rate local businesses. It is a service that empowers and protects consumers, allows people to discover rate local gyms, at a way for consumers to warn fellow consumers about not so great businesses. Host how many visitors a month to have . Luther depending on how you break it out, there are folks who access it via mobile web, the website, the app, it is north of 100 Million People then we have 200 million reviews that have been submitted. Host how do you make money . Luther yelp is a vertical Search Engine, not unlike google. If i do a search for a dentist in san diego, there are handful of dentists who are paying to basically have a sponsored, clearly labeled as such, link, that lives above your organic search results. Therefore they get more discovery of their business and more people, more patients coming through their door. Host you are the senior vp