Page 44 - John Blackledge News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SHARE You might not see it in Amazon.com Inc.’s stock price today, down 2%, but the surprise appointment of Andy Jassy to replace founder Jeff Bezos as the tech giant’s new chief executive is getting positive reviews among investors and analysts across the globe. Jassy, currently CEO of Amazon Web Services Inc., the company’s now massive cloud computing unit, will start his new job this summer as Bezos becomes what’s likely to be a very active executive chairman focused on special projects. Although fewer people know Jassy well, he commands respect from those who do as well as those w...

How Will Amazon Change With Jeff Bezos Handing Over the CEO Reins? Todd Spangler, provided by FacebookTwitterEmail Jeff Bezos, after 27 years building Amazon into a global retailing superpower — and personally amassing an ungodly amount of money — later this year will relinquish the CEO spot. above right), the CEO of Amazon Web Services, who is relatively unknown to the ecommerce-shopping masses but is widely lauded on Wall Street. More from Variety So what will Amazon look like with Jassy installed in the CEO office? The short answer: It probably won’t be very different than it’s be...

One prognosticator feels the company's pandemic-fueled growth story is far from over.

Operator Good afternoon. My name is Mike, and I will be your conference operator today. At this time, I would like to welcome everyone to the Facebook fourth-quarter and full-year 2020 earnings conference call. [Operator instructions] This call will be recorded. Thank you very much. Ms. Deborah Crawford, Facebook's vice president of investor relations, you may begin. Deborah Crawford -- Vice President of Investor Relations Thank you. Good afternoon, and welcome to Facebook's fourth-quarter and full-year 2020 earnings conference call. Joining me today to discuss our results are Mark Zuckerber...

Netflix co-CEOs Reed Hastings and Ted Sarandos "We've gone from a historical bear on Netflix to a card-carrying bull," writes one Wall Street observer. Another one says that "positive free cash flow going forward marks a new chapter." Netflix's better-than-expected fourth-quarter subscriber additions and improved free cash flow forecast led several Wall Street analysts on Wednesday to boost their price targets for the global streaming giant's shares, with at least two also upgrading their stock ratings. Netflix, led by co-CEOs Reed Hastings and Ted Sarandos, late on Tuesday said that it added...