DREAMS
DREAMS AND SIGHTS SET ON TOKYO ,WE BEGIN WITH BREAKING NEWS TONIGHT A NEW ERA FOR AMAZON
WITHOUT JEFF BEZOS AT THE HELM
.
HE'S STEPPING DOWN AS CEO LATER
THIS YEAR BUT HE'S NOT LEAVING
THE COMPANY.
HE FOUNDED HIS EMAIL TO
EMPLOYEES.
HE REFLECTED ON STARTING THE
ONLINE GIANT ABOUT TWENTY SEVEN
YEARS AGO.
IT ENDS WITH KEEP INVENTING AND
DON'T DESPAIR WHEN AT FIRST THE
IDEA LOOKS CRAZY.
REMEMBER TO WANDER.
LET CURIOSITY BE YOUR COMPASS.
WELL, TONIGHT WE HAVE TEAM
COVERAGE ABOUT THIS HUGE
ANNOUNCEMENT A DAY FOR ONE
OF THE BIGGEST EMPLOYERS IN OUR
STATE.
GLEN FARLEY IS LOOKING AT WHO
WILL TAKE BEZOS POSITION.
BUT FIRST CHRIS DANIELS JOINING
US LIVE CHRIS, SEVERAL OTHER
MAJOR HEADLINES FROM AMAZON
TODAY.
YEAH, JOINED AMAZON QUITE
FRANKLY BURIED THE LEAD IN A
PRESS RELEASE ABOUT ITS FOURTH
QUARTER EARNINGS.
AMAZON FOUNDER AND CEO JEFF
BEZOS WILL STEP DOWN AFTER HE
AND HIS COMPANY QUITE LITERALLY
CHANGED THE LANDSCAPE HERE IN
SEATTLE SHAKE UP IN SETOUT
AMAZON FOUNDED AS A BOOK
RETAILER WILL TURN A PAGE.
WHAT DO YOU THINK OF THIS NEWS
THAT THAT'S BREAKING AT THIS
HOUR ABOUT JEFF BEZOS STEPPING
DOWN FROM A COMPANY THAT YOU
WORKED AT FOR VERY LONG?
WELL, I THINK IT'S IT'S
BITTERSWEET NEWS.
IT'S BILL CARR COAUTHORED PART
OF HIS OWN STORY CALLED WORKING
BACKWARDS AS AMAZON VP
ALONGSIDE BEZOS AND JASSY.
THE BETTER PART IS AT THE END
OF AN ERA.
THE SWEET PART IS IS THAT THE
END OF ONE OF THE MOST
SUCCESSFUL RUNS OF THE BUSINESS
LEADER IN PERHAPS THE HISTORY
OF BUSINESS.
THE TRANSITION WAS BURIED IN A
RELEASE ABOUT THE COMPANY'S
FOURTH QUARTER EARNINGS SALES
UP 44 PERCENT TO 100 AND TWENTY
FIVE POINT SIX BILLION THREE
HUNDRED AND EIGHTY SIX BILLION
IN ALL OF 20/20, BEZOS TOLD
EMPLOYEES THIS IS NOT A
RETIREMENT WRITING IN PART I
WILL STAY ENGAGED AN IMPORTANT
AMAZON INITIATIVES BUT ALSO
HAVE THE TIME AND ENERGY I NEED
TO FOCUS ON THE DAY ONE FUND
THE BEZOS EARTH FUND, BLUE
ORIGIN, THE WASHINGTON POST AND
MY OTHER PASSIONS.
BEZOS HAS BUILT AN EMPIRE WITH
MORE THAN ONE POINT THREE
MILLION EMPLOYEES AND PERHAPS
JUST AS MANY DETRACTORS LOCALLY
AND ABROAD.
IN FACT, TODAY THE COMPANY ALSO
SETTLED A COMPLAINT WITH THE
FEDERAL TRADE COMMISSION AND
WILL PAY MORE THAN SIXTY ONE
MILLION DOLLARS IN FINES FOR
UNPAID TIPS TO AMAZON FLEX
DRIVERS.
THEY DIVERTED ABOUT A THIRD
OF THE TIPS THAT THE DRIVERS
RECEIVED TO THEIR OWN LABOR
COSTS.
JASSY HAS KEPT A LOWER PROFILE
IN BEZOS BUT IS WIDELY CREDITED
WITH BOOSTING AMAZON'S WEB
SERVICES UNIT TO INCREDIBLE
VIKES AND ALSO RBIGN INTO
SEATTLE'S NEW NHL FRANCHISE.
AND HE'S A SHREWD OPERATOR.
HE HE MANAGES YOU KNOW, HE
ALWAYS STARTED OFF WITH LEADING
TEAMS AND WAS ABLE TO DO MORE
WITH LESS AND YOU KNOW, TO
MANAGE A REALLY TIGHT SHIP AND
HE'S GOING TO BE AN AMAZING
LEADER FOR ALL OF AMAZON.
THAT STEWARDSHIP BEGINS THIS
SUMMER.
A NEW CHAPTER FOR THE STATE'S
LARGEST EMPLOYER AND LATE TODAY
SEATTLE CONGRESSWOMAN PRAMILA
JAYAPAL RELEASED A LENGTHY
STATEMENT WHICH READ IN PART I
HAVE NOT OFTEN SEEN EYE TO EYE
WITH MR. BEZOS.
I WISH HIM ALL THE BEST AS HE
STEPS DOWN AS CEO AND I KNOW
THAT HE WILL CONTINUE TO HAVE
ENORMOUS INFLUENCE ON THE
POLICIES AND THE FUTURE
OF AMAZON AND ITS WORKERS
REPORTING TONIGHT AT AMAZON
HEADQUARTERS IN SEATTLE, I'M
CHRIS DANIELS KING5.
THANK YOU.
A NEW CHAPTER FOR YOU IF YOU
CAN BELIEVE IT.
IT STARTED AS A LITTLE ONLINE
BOOKSTORE.
SO WHO IS ANDY JASSE SEE THE
MAN WHO'S GOING TO BE AMAZON'S
NEXT CEO.
CHRIS
MENTIONED
MENTIONED HIS BACKGROUND BUT WE CONTINUE OUR TEAM COVERAGE TONIGHT WITH GLEN
FARLEY AND A CLOSER LOOK GLENN.
WELL, JOYCE, THE ONE THING WE
CAN SAY ABOUT ANDY JASSY IS HE
HAS A VERY LOW PROFILE LIKE THE
DIVISION OF AMAZON.
HE RUNS THIS IS THE AMAZON.
EVERYONE KNOWS THE BOXES FLYING
AROUND ITS WAREHOUSES WITH THE
STUFF THAT YOU ORDERED THE
GROWING NUMBER OF VANN'S THAT
DELIVER THOSE BOXES.
BUT AMAZON IS BOTH THE STORY
OF WHAT IS VISIBLE ITS
HEADQUARTERS CAMPUS IN SOUTH
LAKE UNION, ITS SIGNATURE PIECE
OF ARCHITECTURE HERE THE
SPHERES AND SOON ENOUGH ANOTHER
BUILDING TO BE BUILT AT ITS
HEADQUARTERS IN VIRGINIA
REVEALED AS THE HELIX.
BUT MUCH OF AMAZON IS WHAT YOU
DON'T SEE IN ITS MASSIVE
COMPUTER BUSINESS SERVERS THAT
HUM QUIETLY OUT OF SIGHT THAT
STORED DATA FOR OTHER COMPANIES
AND GOVERNMENTS.
AMAZON WEB SERVICES IS REALLY A
TECH COMPANY INTO ITS OWN RIGHT
AND IT'S SOMETHING THAT AMAZON
BUILT ESSENTIALLY AS A WAY
OF EXTENDING TO OTHER COMPANIES
THE CLOUD SERVICES THAT IT
ORIGINALLY BUILT FOR ITSELF.
AND IT'S AN EXAMPLE OF THE KIND
OF THINKING THAT HAS LED AMAZON
WRIT LARGE TO BE ONE OF THE
MOST VALUABLE COMPANIES IN THE
WORLD.
TODD BISHOP IS WITH GEEKWIRE
AND THE MAN RUNNING RWC IS ANDY
JESSIID HARVARD BUSINESS GRAD
WITH AMAZON SINCE 2006 HWC CEO
AND LIKE AWG HE HAS A LOW
PROFILE JUST LIKE THOSE SERVERS
BUT LOOMS LARGE WITHIN AMAZON'S
WORLD.
ANDY JASSE IS A REAL TECH AND
BUSINESS NERD.
HE'S A LONGTIME AMAZON
EXECUTIVE, ONE OF JEFF BEZOS
NOSKI LUITENANTS.
IT IS A JUGGERNAUT.
IT LEADS TO PUBLIC CLOUD MARKET
AND IN MANY QUARTERS REALLY
FUELS AMAZON'S BUSINESS IS
ORIGINALLY FROM NEW YORK AND HE
LOVES BUFFALO WINGS.
IT ALL SEEMS TO COME DOWN TO
BUFFALO WINGS.
TODD BISHOP SAYS THAT HE HASN'T
SPONSORED CONTESTS BETWEEN
DIFFERENT PARTS OF AWB
INVOLVING EATING BUFFALO WINGS.
LEAVE THAT TO YOUR IMAGINATION.
BUT HE ALSO SAID THIS HE SAID
IF IT HAD NOT BEEN FOR COVID HE
BELIEVES THAT BROUGHT BEZOS
REALLY TO STEP UP HIS ROLE AS
CEO A YEAR AGO.
HE THINKS THIS WHOLE