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Jeff Bezos to step down as Amazon CEO, Andy Jassy to take over in Q3
Amazon CEO Jeff Bezos will step down later this year, turning the helm over to the company's top cloud executive Andy Jassy.
Jassy joined Amazon in 1997 and has led Amazon's Web Services cloud team since its inception.
Bezos said he will stay engaged in important Amazon projects but will also have more time to focus on the Bezos Earth Fund, his Blue Origin spaceship company, The Washington Post and the Amazon Day 1 Fund.
[...] Bezos will transition to executive chairman of Amazon's board.
Also at The Guardian and TechCrunch, Ars Technica, CNET, and Mashable
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Jeff Bezos to Stand Down as CEO of Amazon Later in 2021
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Cole's Law:
Thinly sliced cabbage.
(Score: 2) by PartTimeZombie on Wednesday February 03 2021, @01:15AM
Rocketlabs seem to be doing pretty well, but they're only launching small satellites, which I assume is a specific market and it looks like Branson wants to compete with them.
A quick search shows that Virgin Orbit is being pumped up as a new hot investment by lots of the business press so it's probably just a way for Branson to make some money quickly.