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Day-to-day Crunch: Jeff Bezos will step down as Amazon CEO

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Day-to-day Crunch: Jeff Bezos will step down as Amazon CEO

The Bezos period is ending, Uber acquires Drizly and Tesla recalls 135,000 automobiles. Here’s your Day-to-day Crunch for February 2, 2021.

Early Newspaper

The mountainous tale: Jeff Bezos will step down as Amazon CEO

Amazon announced this present day that founder Jeff Bezos will be transitioning from CEO to executive chair in the third quarter of this twelve months. Andy Jassy, currently the CEO of Amazon Web Companies, will be taking on as chief executive for the entire company.

In an email to workers, Bezos mentioned that this will permit him to commit more time to “Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Put up, and [his] a quantity of passions.” Jassy, meanwhile, had previously been identified as a seemingly successor.

The tech giants

Uber is procuring for alcohol supply carrier Drizly for $1.1B — The idea is to bring collectively Drizly’s marketplace straight into the Uber Eats app, though Uber says it will withhold Drizly as a standalone app as smartly.

Tesla recalls 135,000 automobiles over touchscreen screw ups — Per the Nationwide Toll road Traffic Safety Administration, the touchscreen in Mannequin S and Mannequin X automobiles can fail when a memory chip runs out of storage potential.

Amazon to pay $61.7M to settle FTC complaint over stolen Amazon Flex driver pointers — Per the complaint against Amazon and its subsidiary Amazon Logistics, the corporate had marketed that it paid 100% of pointers to drivers, but in actual fact, Amazon outdated the consumer pointers to quilt the variation after it lowered the hourly rate.

Startups, funding and enterprise capital

Divvy Homes secures $110M Sequence C to assist renters became house owners — Over the course of 2020, Divvy expanded operations from eight to 16 entire markets and financed five times as many homes as it had in pre-pandemic times.

Kindred Ventures stunning closed its second fund with $100M in capital commitments — Kindred is a San Francisco-based pre-seed and seed-stage enterprise fund based by Steve Jang and Kanyi Maqubela.

Omnispace raises $60M to fuse satellites and 5G into one ubiquitous community — Omnispace needs to give ubiquitous 5G-compliant connectivity for enterprise users the exercise of a hybrid of wi-fi ground skills and satellites.

Advice and prognosis from Extra Crunch

Udemy’s original president discusses the reskilling company’s future — “We blew through $100M ARR.”

The model ahead for SaaS is on-quiz: Dispute consultants to pressure growth and engagement — For SaaS companies, now not having a gig economy technique as we open 2021 is like missing the web pattern in 1990.

Set 25% with Extra Crunch Workforce Membership — This original feature enables you to easily put collectively seats and payments for your crew through a self-carrier interface.

(Extra Crunch is our membership program, which helps founders and startup teams bring collectively ahead. That you would perchance more than seemingly register right here.)

All the pieces else

Eight Miami-residence investors assess The usa’s southernmost tech ecosystem — We’re seeing a “moment” in Miami, but many are hoping to flip it into a circulate.

Welcome Tage Kene-Okafor, Mary Ann Azevedo, Sophie Burkholder and a man named Drew — Hooray for original crew members!

The Day-to-day Crunch is TechCrunch’s roundup of our biggest and significant tales. In case you’d purchase to bring collectively this introduced to your inbox daily at around 3pm Pacific, that you just can more than seemingly additionally subscribe right here.

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Day-to-day Crunch: Jeff Bezos will step down as Amazon CEO