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Oman to host Amazon's first AWS Local Zone in MENA region

As part of the Omani government's efforts to tap international investment in the ITC sector, the Ministry of Transport, Communications and Information Technology (MTCIT) signed a. ....

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Amazon's Bezos to step down as CEO; quarterly revenue tops $100 billion for first time


Amazon s Bezos to step down as CEO; quarterly revenue tops $100 billion for first time
 03 Feb 2021 - 0:38
Reuters
Amazon.com Inc on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported its third consecutive record profit and quarterly sales above $100 billion for the first time.
The transition, slated for the third quarter, will make current cloud computing chief Andy Jassy Amazon s next chief executive officer.
Net sales rose to $125.56 billion as consumers turned to the world s largest online retailer for holiday shopping, beating analyst estimates of $119.7 billion, according to IBES data from Refinitiv. ....

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