Jeff Bezos Officially Steps Down as CEO of Amazon

Longtime Amazon CEO Jeff Bezos, who has helmed the company since its founding in 1994, has officially handed over his title to former Amazon Web Services head Andy Jassy. Bezos remains linked to the company as its Executive Chair.Jassy, 53, first joined Amazon in 1997 and led Amazon Web Services since its inception in 2003. He was named CEO of the division in 2016, which research indicates controls about a third of the cloud computing market.Bezos said in May that he decided to step down on July...