#WR: Amazon started as e-bookshop, now it is in the clouds top. His founder J. #Bezos leaves CEO's post. @WSJ says "The elevation of Andy Jassy to become #Amazon’s next CEO of is one of the clearest signs yet that fortunes in the tech industry are increasingly made in the cloud.”
Today the comments of the news about Amazon surpassed the news related to the new Biden's administration.
Yesterday, Jeff Bezos, founder of Amazon, announced he will leave the position of CEO during the current year.
Today, all the media comments that who will take the hat of CEO of the powerful company is the CEO of the cloud division, Andy Jassy.
The Wall Street Journal today tells " Mr. Jassy was instrumental in helping to transform the online retailing giant he joined in 1997 into a juggernaut in cloud-computing, the business of renting servers and software to customers largely on a pay-as-you-go model. It is a market that could top $300 billion globally this year, according to research firm Gartner Inc., IT 2.51% and pits Amazon against tech giants like Microsoft Corp. MSFT 1.46% and Alphabet Inc.’s GOOG 7.40% Google."
SOURCES: The Wall Street Journal
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