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Tag: Amazon

Jeff Bezos steps down as Amazon CEO

Amazon founder Jeff Bezos is stepping down as CEO of the company on Monday, handing his chief executive title to Andy Jassy. In February, Amazon announced that Bezos would transition from CEO to executive chair, saying he wanted to spend more time on his other ventures, including the Washington Post, space company Blue Origin, and philanthropy, reported CNN. Bezos will still have a heavy influence at the company as he’ll be its largest individual shareholder, a longtime mentor to the incoming CEO and he will still be the head of the board. As of last month, Bezos owned 51.2 million shares...

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Children’s robes sold on Amazon recalled, considered dangerously flammable

These children’s robes sold exclusively on Amazon.com were recalled because they were considered dangerously flammable. The United States Consumer Product Safety Commission confirmed SIORO children’s robes failed to meet the federal flammability standards for children’s sleepwear. Officials said it poses a risk of burning kids who wear the product. About 950 units were recalled, according to CPSC officials. Consumers who have bought the robe should stop using it and contact SIORO for instructions on returning the garments with free shipping to receive a full refund. To...

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