Andy Jassy to take over reigns of Amazon from Bezos; lays down key mantras to long-term success

Though he'll remain the executive chairman of Amazon.com, he wants to focus his time and energy on his other projects like the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and his other passions

Jeff Bezos will now become the executive chairman of Amazon, a move he said would give him \"time and energy\" to focus on his other ventures. Bezos will be replaced by Andy Jassy

Jassy, 53, joined Amazon in 1997 after completing his MBA from Harvard Business School. He initially worked as technical assistant to Bezos and founded Amazon Web Services in 2006

Bezos is ending his role as CEO on a high note: the business he began as an internet bookseller 27 years ago is now one of the world's most valuable companies and posted three consecutive record profits after losses in decades prior; on Tuesday, Amazon reported quarterly sales above $100 billion for the first time

Stock markets have always had a gambling element, but now in the US, it has become almost entirely gambling, and that mindset is never good, says Sridhar Vembu, CEO of Zoho Corporation

Aditya Birla Fashion buys 51% stake in Sabyasachi for Rs 398 crore Aditya Birla Fashion and Retail Limited (ABFRL) has signed a definitive agreement to buy 51 per cent stake in designer brand Sabyasachi for Rs 398 crore. The deal is expected to be closed in late-February or mid-March, the company said in a regulatory filing. Meanwhile, the ABFRL platform will complement brand Sabyasachi on its journey to becoming a global luxury house out of India Reliance signs $15 million deal with Isra...

According to the Bloomberg Billionaires Index, Ambani has moved up to the 11th spot; surpassing Oracle Corporation Co-founder Larry Ellison and world's richest woman Francoise Bettencourt Meyers

Facebook imposed an indefinite ban on Trump earlier this month, following the Capitol riots as he used the platform \"to incite violent insurrection against a democratically elected government.\"

Access to US stocks has become simpler, but one must keep an eye on the cost aspect

Facebook's operations chief Sheryl Sandberg said if Trump wanted to appeal the removal of his content, that could happen through the company's new Oversight Board

Companies are taking steps to address the issue of mental health. Will they be successful?

Adobe had launched the Flash Player in 1996. Back in those days, the application was so much in demand because it brought animations to the web.

Erosion in Ambani's wealth came on the back of correction in Reliance Industries shares, which have fallen as much as 16 per cent from their all-time high of Rs 2,369.35

How India's best CEOs are steering their companies through crisis and chaos

The 70-year-old Aditya Puri, who spent over two-and-a-half decades as CEO & MD, banked on risk mitigation, technology and retail/rural outreach to create India's second-largest bank from scratch

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In his latest blog post, Bill & Melinda Gates Foundation co-chairman said his foundation has also taken some of the financial risks on the Oxford-AstraZeneca vaccine and that Serum won't have to take a full loss

Stocks like Nio, Tesla, Peloton Interactive and Etsy have gained 1, 900 per cent, 645 per cent, 515 per cent and 485 per cent, respectively in last nine months

Satya Nadella, speaking at the Carnegie India 2020 Global Technology Summit, said the 'Digital India' framework has made India 'stand out' from the rest of the world. He said the 'India stack is pretty impressive'