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The big story: Jeff Bezos will step down as Amazon CEO
Amazon announced today that founder Jeff Bezos will be transitioning from CEO to executive chair in the third quarter of this year. Andy Jassy, currently the CEO of Amazon Web Services, will be taking over as chief executive for the entire company.
In an email to employees, Bezos said that this will allow him to devote more time to “Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and [his] other passions.” Jassy, meanwhile, had previously been identified as a likely successor.
The tech giants
Uber is buying alcohol delivery service Drizly for $1.1B The plan is to build Drizly’s marketplace directly into the Uber Eats app, though Uber says it will maintain Drizly as a standalone app as well. ....

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