Jeff Bezos To Step Down as Amazon CEO

Amazon announced on Tuesday that AWS CEO Andy Jassy will replace Jeff Bezos as CEO during the third quarter of this year. Bezos will transition to executive chair of Amazon’s board. In a statement, Bezos said: I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO. In the Exec…

Amazon Is Now Selling Its Cashierless Store Tech To Other Retailers

Amazon is now offering its “Just Walk Out” technology to other retailers. “The technology uses a combination of cameras, sensors, computer vision techniques and deep learning to allow customers to shop, then leave the store without waiting in line to pay,” reports TechCrunch. It’s the same tech that Amazon uses in its “Go” cashierless convenience stores and Amazon’s newly launched Amazon…