Tag: jeff bezos
Daily Crunch: Jeff Bezos will step down as Amazon CEO
The Bezos era is ending, Uber acquires Drizly and Tesla recalls 135,000 vehicles. This is your Daily Crunch for February 2, 2021. 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…
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What Andy Jassy’s promotion to Amazon CEO could mean for AWS
Blockbuster news struck late this afternoon when Amazon announced that Jeff Bezos would be stepping back as CEO of Amazon, the company he built from a business in his garage to worldwide behemoth. As he takes on the role of executive chairman, his replacement will be none other than AWS…
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Nuclear fusion tech developer General Fusion now has Shopify and Amazon founders backing it
In a brief announcement today, the Canadian nuclear fusion technology developer General Fusion announced that the investment firm created by Shopify founder Tobias Lütke has joined the company’s cap table. The size of the investment made by Lütke’s Thistledown Capital was not disclosed, but with the addition, General Fusion has…
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Indian court rejects retail giant Future Group’s plea against Amazon
An Indian court rejected Future Group’s plea that sought to prevent its partner Amazon from interfering in — and blocking — the Indian retail giant’s $3.4 billion asset sale deal to Mukesh Ambani’s Reliance Industries, delivering a glimmer of hope to the American e-commerce firm that has invested more than…
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African fintech startup Chipper Cash raises $30M backed by Jeff Bezos
African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon CEO Jeff Bezos. Chipper Cash was founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The company…
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Blue Origin has been trying to get the hell off this planet for 20 years now
As a teenager, young Jeff Bezos was fascinated with space exploration. Speaking as the 18-year-old valedictorian of his high school, Bezos told the Miami Herald in 1982 that he planned “to build space hotels, amusement parks and colonies for 2 millio… Source
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