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Added on the 19/02/2020 17:25:48 - Copyright : BANG Showbiz
Amazon founder Jeff Bezos is handing over the reins of his $1.7 trillion shopping and entertainment empire to Andy Jassy. Bezos will now be devoting more time to space exploration, philanthropy and The Washington Post. In a year of record profits for the on-line retailer, Ava Seave calls it "a really good strategic move by Bezos." With Amazon under such intense scrutiny - facing a restive workforce and calls for tighter regulation, "it makes sense for ‘the richest guy in the world’ to step away from managing the company." Nevertheless, Ms. Seave is quite certain that he will still maintain a certain level of influence and "the company will, in fact, proceed as if Bezos was the head." Ava Seave is Principal and Co-founder of Quantum Media; Ms. Seave is also Adjunct Professor at Columbia Business School and Columbia Journalism School.
Amazon founder Jeff Bezos said Tuesday he would stand aside later this year as chief executive of the company he built from a startup into one of the world's most valuable firms. The world's richest person based on his Amazon stake, Bezos said he will transition to the role of executive chair in the third quarter, handing over the CEO role to Andy Jassy, who heads Amazon Web Services. FRANCE 24's Alyssa Caverley tells us more.
The Climate is never out of the headlines. Whether it is another storm wrecking havoc, with heavy rain, wind and flooding. Or hot, dry conditions leading to wild fires that burn out of control. The climate is a many-layered debate. Emmanuel Macron relaunched his climate cred with an announcement at Chamonix, on the Sea of Ice glacier that is melting more and more each Winter. And such "greenwashing" as it has been dubbed is not limited to politicians.
Amazon chief Jezz Bezos pledges the retail giant will meet its emissions targets taken under the Paris climate accord 10 years ahead of schedule. We want to use our scope and our scale to lead the way," Bezos told a news conference in the US capital, announcing the firm would acquire 100,000 electric delivery vans to help cut its carbon fooptprint. The world's richest man, Bezos said Amazon would be the first signatory to the 2015 Paris deal to commit to meet its targets, a decade early, with other companies to follow suit. SOUNDBITE
Jeff Bezos