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Andy Jassy will join Amazon’s board of directors as he replaces Jeff Bezos as CEO of tech giant July 2, 2021 at 1:57 pm Incoming Amazon CEO Andy Jassy will take over for Jeff Bezos on July 5. (GeekWIre Photo / Todd Bishop) Amazon Web Services chief Andy Jassy will join the company’s board of directors as he takes over for Jeff Bezos as Amazon’s new CEO on July 5, the company said in a new filing Friday. Jassy, who joined Amazon in 1997 and has led AWS since its inception, will be Amazon’s 11th board director. The company currently has six men and four women on the 10-member board. ....
D.C. AG targets Amazon in new antitrust suit over third-party seller pricing policies May 25, 2021 at 10:44 am A new lawsuit from the Washington, D.C., attorney general alleges that Amazon illegally manipulates the e-commerce market to its own advantage by penalizing third-party sellers that offer products at lower prices on other platforms. Amazon quickly shot back, saying that Attorney General Karl Racine “has it exactly backwards,” and that his remedies “would force Amazon to feature higher prices to customers, oddly going against core objectives of antitrust law.” The suit, filed Tuesday morning, is part of a broader move by legislators and regulators to scrutinize and take action against Amazon’s business practices as a check on the company’s market power. Antitrust challenges are shaping up as one of the defining issues for ....
Jassy has led AWS since before the launch of its first major services in 2006. Whether by nature or experience as Bezos’s ‘shadow’, Jassy is uncannily similar to his boss, current and former colleagues say. AP Incoming Amazon.com Inc chief executive officer Andy Jassy cuts a low profile outside of the wonky world of cloud computing. But for much of the last decade he’s been arguably the most important person in the tech industry. The unit he leads, Amazon Web Services, has reshaped how companies buy technology, by simplifying computing services into their component pieces and offering them essentially for rent over the Internet. The business was initially dismissed by enterprise software giants like Oracle Inc before that company and others quickly sought to emulate elements of AWS’s strategy. ....
Incoming Amazon.com Inc CEO Andy Jassy cuts a low profile outside of the wonky world of cloud computing. But for much of the last decade he’s been arguably the most important person in the tech industry. The unit he leads, Amazon Web Services, has reshaped how companies buy technology, by simplifying computing services into their component pieces and offering them essentially for rent over the internet. The business was initially dismissed by enterprise software giants like Oracle Inc. before that company and others quickly sought to emulate elements of AWS’s strategy. In the same earnings report in which Amazon said Jassy, 53, would succeed Jeff Bezos later this year, the company reported that AWS pulled in $12.7 billion in sales in the fourth quarter, making the unit a $50 billion business on an annual basis. ....
February 3rd, 2021 Mike Blake / reuters Incoming Amazon CEO Andy Jassy is reportedly committed to the idea of the company continuing to make games, even as it has yet to release one that is either commercially or critically successful. “Some businesses take off in the first year, and others take many years,” he wrote in an email obtained by Bloomberg. “Though we haven’t consistently succeeded yet in Amazon Game Studios, I believe we will if we hang in there.” Jassy is said to have sent the email one day before Amazon announced he would take over as CEO of the company once Jeff Bezos leaves the post later this year. ....