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Amazon adds new leadership principles after 2015, days before Jeff Bezos steps down as CEO

Amazon adds new leadership principles after 2015, days before Jeff Bezos steps down as CEO
indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.

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Benchmark-backed Confluent raises $828 million in U.S. IPO


2 Min Read
(Reuters) -Infrastructure software startup Confluent Inc said on Wednesday it had sold shares in its U.S. initial public offering (IPO) above its target range to raise $828 million.
Confluent priced 23 million shares at $36 per share. The company had previously priced its share between $29 and $33 apiece.
The IPO values Confluent at $9 billion.
There have been a flurry of major tech listings as a number of startups look to capitalize on the sky-high investor demand for new, high-growth tech stocks.
The company counts venture capital firms Benchmark Capital Partners VIII LP, Sequoia Capital, and Index Ventures among its prominent backers. Benchmark, which owns about 15.3% of Confluent’s common stock, is the largest shareholder, according to a regulatory filing last week.

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PRESS DIGEST-Wall Street Journal

PRESS-DIGEST-WSJ/:PRESS DIGEST -Wall Street Journal - June 3

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Jeff Bezos makes July 5 as official date of his leaving Amazon CEO job, Andy Jassy is new boss


Story
Jeff Bezos makes July 5 as official date of his leaving Amazon CEO job, Andy Jassy is new boss
Bezos wrote a letter to his employees in February informing them about his decision to step down as the CEO.
Ankita Chakravarti | May 27, 2021 | Updated 10:26 IST
Highlights
Amazon CEO and co-founder Jeff Bezos will formally step down as the Chief Executive Officer of the e-commerce company on July 5.
Bezos will now take over as the executive chairman of the company in the third quarter of this year.
Bezos will be replaced by the head of Amazon’s cloud division Amazon Web Services (AWS) Andy Jassy.

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Jeff Bezos makes July 5 as official date of his leaving Amazon CEO job, Andy Jassy is new boss

Jeff Bezos makes July 5 as official date of his leaving Amazon CEO job, Andy Jassy is new boss
indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.

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Arm Ltd debuts new chip technology aimed at overtaking data centers

Arm Ltd debuts new chip technology aimed at overtaking data centers
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.

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Arm Ltd debuts new chip technology aimed at overtaking data centers

Arm Ltd debuts new chip technology aimed at overtaking data centers
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Arm Ltd debuts new chip technology aimed at overtaking data centers

Arm Ltd debuts new chip technology aimed at overtaking data centers
wsau.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsau.com Daily Mail and Mail on Sunday newspapers.

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Arm Ltd Debuts New Chip Technology Aimed at Overtaking Data Centers

Arm Ltd Debuts New Chip Technology Aimed at Overtaking Data Centers
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.

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Fire at French cloud services firm throws millions of websites offline


Fire at French cloud services firm throws millions of websites offline
12 Mar 2021
This photo shows the Centre Pompidou in Paris. File/AFP
Gulf Today Report
A fire at a French cloud services firm has disrupted millions of websites, knocking out government agencies’ portals, banks, shops, news websites and taking out a chunk of the .FR web space, according to internet monitors.
The fire, which broke out on Wednesday shortly after midnight at OVHcloud, destroyed one of four data centres in Strasbourg, in eastern France, and damaged another, the company said.
Several clients said their websites had gone offline or emails could not be accessed. There was no immediate news of any major data losses.

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