Connect with us

Economy

Jeff Bezos steps down as Amazon CEO and goes into space on July 20 – News

Published

on

Jeff Bezos steps down as Amazon CEO and goes into space on July 20 - News

Considered the richest man in the world, 57-year-old Jeff Bezos will step down as CEO to his number two, Andy Yassi, next Monday, July 5, to devote himself to other projects, namely one trip into space. July 20, France Press news agency reported today.

However, Bezos will retain “a key role in the company he founded just 27 years ago as executive chairman of the board of directors,” France Press reported today.

Bezos is leaving Amazon, a company that currently employs over 800,000 people in the United States of America (USA) alone, after his business skyrocketed during the COVID-19 pandemic and also after he faced a lot of criticism. by workers ‘and regulators’ advocates who regularly denounced the obsession with efficiency but treated employees like machines.

If, on the one hand, there has been criticism of the boss of the e-commerce giant for ignoring certain business practices that stifled competition, or for the way he treated his employees, there are also those who praise him for his innovations, which at times shook entire sectors of the economy.

“Whether it’s selling books, cloud information or home delivery,“ Bezos is the leader who drives change, ”says Darrell West of the Brookings Institution’s Center for Technological Innovation.

“This has given impetus to the development of many services that are now taken for granted, such as shopping online, ordering something and getting it the next day,” said Darrell West.

Roger Kay, an analyst at Endpoint Technologies Associates, believes, for his part, that Bezos “has the instinct to know what will work” in the next market.

See also  The European Bank supports the BCP rally. Shares Up 35% In Two Weeks - Stock Exchange

Bezos’ company outperformed its competitors by choosing the first few years to “reinvest all profits into growth,” Kay recalls.

A strategy that at times baffled investors, but now “seems completely logical,” adds Kay.

Bezos is leaving his company’s day-to-day management to devote more time to other projects, such as his other company, Blue Origin, which will make its first space tourist flight on July 20 and in which Jeff Bezos is on board.

The businessman is also the owner of the Washington Post and has already announced that he wants to devote time and money to the fight against climate change.

Amazon (an online bookstore) was launched in Jeff Bezos’s garage, where he started by consolidating orders placed “online.”

Today, the e-commerce giant is worth more than $ 1.7 billion on the stock exchange and raised $ 386 billion in 2020.

It is a group that covers various market sectors such as e-commerce, cloud storage, artificial intelligence, or film production.

The company said it lost nearly $ 4 billion (€ 3.5 billion) due to the pandemic.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

Published

on

Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

Continue Reading

Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

Published

on

The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

Continue Reading

Economy

See how Tesla tests its electric Semi truck in the worst-case scenarios

Published

on

Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

See also  Boeing May well Be Quietly Rebranding the 737 MAX

high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

Continue Reading

Trending