Amazon CEO Jeff Bezos will take over from successor Andy Jassi in July

Amazon founder Jeff Bezos said Wednesday that he will hand over operator control to his successor on July 5, leaving the e-commerce monster flexing its muscles in television and the cloud.

Bezos Is Casing his chief executive role To Andy Jassi, Which head Amazon Web Services, An attractive cloud computing unit at a Seattle-based company. Bezos will take over as executive chairman.

Bezos announced his departure date at the annual stakeholder meeting, which he said was an “emotional” value for him as it would be the 2nd anniversary. Amazon To officially become a corporation.

Bezos assured investors that Jazzy is familiar with the company, having been on Amazon longer than Bezos.

“He’s going to be an extraordinary leader, and I have full confidence in him,” Bezos said of Jassi.

“I guarantee you, he won’t let the universe normalize us.”

The executive transition comes with Amazon forcing Power online commerce as well as cloud computing, where it competes. Google And Microsoft.

The trend of using the internet for work, sports, and education has also evolved as an epidemic that technology firms have Amazon.

The company’s dominance in online commerce has also put it in the crosshairs of critics and regulators that it may be abusing its power.

Amazon on Wednesday Announcing an agreement To buy land MGM For डियो 4.55 billion (approximately Rs. 1,500,000 crore), US Tech is a giant company pursuing its ambition in the giant content library Streamin.

The move comes as Amazon is experiencing a surge in online retail and cloud computing, and more customers are turning to streaming media, pushing for entertainment.

Although the deal could boost scrutiny for Amazon, one of the bigtech companies in recent years has gained unprecedented economic power and is in the crosshairs of global implementations.


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