Amazon s Jeff Bezos Passes CEO Function To AWS Head Andy Jassy

The transition comes as Amazon navigates a tricky interval in its historical past. The corporate is reaping enormous income as customers, locked at home because of the COVID-19 crisis, develop into more reliant on both e-commerce and on-line services. That in flip has attracted regulatory scrutiny from lawmakers concerned about the ability Amazon has over the retailers who use it as a web based storefront.

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