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Jeff Bezos’ Top Lieutenant To Retire In 2021

PYMNTS

Jeff Bezos’ wingman is planning to quit next year. The Wall Street Journal (WSJ) reported Jeff Wilke, the 53-year-old confidant of the Amazon founder, told staff in a memo Friday (Aug. With Wilke gone, Andrew Jassy, CEO of Amazon Web Services, will be the longest serving lieutenant to Bezos, the WSJ reported.

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House Judiciary Committee Seeks Testimony Of Amazon CEO Jeff Bezos

PYMNTS

After a report surfaced that Amazon staffers utilized information regarding independent sellers to create rival items, House Judiciary Committee legislators requested that Chairman and CEO Jeff Bezos provide testimony on the eCommerce retailer’s private-label procedures.

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Jeff Bezos: Humans Are Scarier Than AI

PYMNTS

That’s Amazon CEO Jeff Bezos’s take on artificial intelligence (AI), according to CNBC. Though the technology demoed at the event is still in its early stages, it has drummed up a fair share of controversy as people debate the ethics of letting robots do the talking. Is it deceptive if they don’t?

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Jeff Bezos Says He’s Fascinated By Auto Industry

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At a recent all-hands meeting for Amazon employees in March, Amazon CEO Jeff Bezos said developments in autonomous automobile technology fascinated him, according to a report by CNBC. The technology could potentially assist Amazon in allowing for less expensive services both for itself and its customers.

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Amazon sets a new tone as Jeff Bezos era comes to an end | JPMorgan takes 40% stake in Brazilian digital bank C6 | Mastercard buys Ekata for $850m

Bussman Advisory

The latest edition of the FinTech Ecosystem Newsletter is here : The post Amazon sets a new tone as Jeff Bezos era comes to an end | JPMorgan takes 40% stake in Brazilian digital bank C6 | Mastercard buys Ekata for $850m appeared first on Bussmann Advisory AG.

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Freight-Forwarder Beacon Now Counts Amazon’s Bezos As Investor

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Amazon chief executive Jeff Bezos has invested in U.K.-based Bezos was one of a few investors who contributed to the $15 million funding round from Beacon, the company announced on Sunday (May 31). The funds raised will go towards new hires, technology and market expansions.

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Amazon, Google, Facebook, Apple CEOs To Face Congress

PYMNTS

The CEOs of the world’s four biggest technology companies will testify later this month before the House Judiciary Committee as lawmakers investigate competition in the tech industry, Reuters reported. With the exception of Bezos, the CEOs have been questioned at congressional hearings before, CNBC reported.

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