About This Source - FRANCE 24 English
The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.
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FRANCE 24 English published this video item, entitled “Amazon founder Jeff Bezos steps down as CEO to focus on space exploration • FRANCE 24 English” – below is their description.
Amazon founder Jeff Bezos is handing over the reins of his $1.7 trillion shopping and entertainment empire to Andy Jassy. Bezos will now be devoting more time to space exploration, philanthropy and The Washington Post. In a year of record profits for the on-line retailer, Ava Seave calls it “a really good strategic move by Bezos.” With Amazon under such intense scrutiny – facing a restive workforce and calls for tighter regulation, “it makes sense for ‘the richest guy in the world’ to step away from managing the company.” Nevertheless, Ms. Seave is quite certain that he will still maintain a certain level of influence and “the company will, in fact, proceed as if Bezos was the head.” Ava Seave is Principal and Co-founder of Quantum Media; Ms. Seave is also Adjunct Professor at Columbia Business School and Columbia Journalism School.FRANCE 24 English YouTube Channel
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In This Story: France
France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.
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In This Story: Jeff Bezos
Jeffrey Preston Bezos is an American business magnate, media proprietor, investor and commercial astronaut. Bezos is the founder and executive chairman of Amazon, having previously served as chairman, president and CEO of the company.