Jeff Bezos, Amazon's founder, will step down as CEO
New York: Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he's had for nearly 30 years, to become executive chairman, the company announced Tuesday.
Bezos, 57, will be replaced in the summer by Andy Jassy, who runs Amazon's cloud-computing business.
In a blog post to employees, Bezos said he planned to focus on new products and early initiatives being developed at Amazon. He said he would have more time for side projects, including his space exploration company Blue Origin, his philanthropic initiatives and overseeing The Washington Post, which he owns.
Bezos, who is the company's biggest shareholder, will still have broad influence over Amazon.
Jeff is really not going anywhere," Amazon's Chief Financial Officer Brian Olsavsky said in a call with reporters. It's more of a restructuring of who's doing what."
Launched in 1995, Amazon was a pioneer of fast, free shipping that won over millions of shoppers who used the site to buy diapers, TVs and just about anything else. Under Bezos, Amazon also launched the first e-reader that gained mass acceptance, and its Echo listening device made voice assistants a common sight in living rooms.
As a child, Bezos was intrigued by computers and interested in building things, such as alarms he rigged in his parents' home. He got a degree in electrical engineering and computer science at Princeton University, and then worked at several Wall Street companies.
He quit his job at D.E. Shaw to start an online retail business though at first he wasn't sure what to sell. Bezos quickly determined that an online bookstore would resonate with consumers. He and his now ex-wife, MacKenzie Scott, whom he met at D.E. Shaw and married in 1993, set out on a road trip to Seattle a city chosen for its abundance of tech talent and proximity to a large book distributor in Roseburg, Oregon.
While Scott drove, Bezos wrote up the business plan for what would become Amazon.com. Bezos convinced his parents and some friends to invest in the idea, and Amazon began operating out of the Bezos' Seattle garage on July 16, 1995.
Amazon has gone far beyond selling paperbacks. It now produces movies, makes sofas, owns a grocery chain and even has plans to send satellites into space to beam internet service to earth. The company is one of the most valuable in the world, worth nearly 1.7 trillion.
During the pandemic, Amazon was one of the few retailers to benefit as shoppers stayed clear of malls and shopped from their phones. On the same day Amazon announced Bezos would step down, the company reported making a record profit in the last three months of 2020, and its quarterly revenue shot past 100 billion for the first time.
Bezos' riches have also swelled: His stake in Amazon is currently worth about 180 billion. For years he stayed behind the scenes, running the company. More recently, he sometimes stepped into the spotlight, showing up at movie premieres and Hollywood parties.
In 2019, he announced he was divorcing Scott in a tweet, just before the National Enquirer published a cover story saying Bezos had an affair with a former TV host. Scott received a stake in Amazon after the divorce worth nearly 40 billion at the time. She has pledged to give away half her fortune to charities.
As Amazon has grown, so has scrutiny. Amazon and other tech giants have enjoyed light-touch regulation and star status in Washington for decades, but calls for greater regulation are growing. A report by the House Judiciary Committee in October called for possibly breaking up Amazon and others, making it harder for them to acquire companies and imposing new rules to safeguard competition.
Bezos is one of the last founders of a big tech company to still be CEO. The founders of Google, Oracle and Microsoft have all stepped down from the top job of the companies they created. Facebook is still led by co-founder Mark Zuckerberg.
Jassy, Bezos' replacement, is a longtime Amazon executive, having worked at the company since 1997. The cloud-computing business he runs powers video-streaming site Netflix and many other companies, and it has become Amazon's most profitable business.
He's deeply steeped in technology and a very seasoned executive in his own right, Gartner analyst Ed Anderson said.
But he will also face many challenges.
Amazon's size makes some industries uncomfortable, some governments uncomfortable, and Andy Jassy will have to deal with the consequences, Anderson said. That will be some of the new era of his leadership.
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Space-Based Surveillance: India’s Unblinking Eye And Its New Bodyguards
Picture this: A constellation of high-tech sentinels orbiting Earth, not just watching the world below but vigilantly shielding their kin from unseen dangers. These aren't mere tools for mapping terrain or relaying signals—they're the vanguard of a new era in space exploration, where protection is as crucial as innovation. For India, this shift marks a bold leap from relying on satellites as silent witnesses to empowering them with their own defenders.
In 2024, an intriguing encounter unfolded in the vast expanse of orbit. A foreign satellite—its origins undisclosed—edged perilously close to one of India's key assets, a mere kilometre apart. This incident, first highlighted by Bloomberg News in September 2024, wasn't just a close call; it was a wake-up call that propelled India into rethinking its space strategy. Rather than viewing it solely as a threat, it underscored an opportunity: to pioneer advanced protective technologies that could redefine global space norms.
Enter the Guardian Satellites: India's Innovative Shield
At the heart of this evolution are guardian satellites, engineered to safeguard vital orbital infrastructure. These aren't aggressive warriors but sophisticated protectors, designed with precision and purpose. Bloomberg's insights reveal India is developing two variants. The first boasts a robotic manipulator—a feat of engineering that allows it to gently intercept and redirect intrusive spacecraft, ensuring safe distances without escalation. The second operates in coordinated swarms, forming dynamic barriers around threats, much like a synchronized team herding an unwelcome intruder away from a VIP event, all at altitudes exceeding 500 kilometres.
This ingenuity stems from a blend of necessity and creativity. By focusing on non-destructive methods, India's approach emphasizes de-escalation, potentially setting a standard for responsible space conduct amid growing congestion in orbit.
Catalysts for Change: Lessons from Recent Events
India's pivot wasn't born in isolation. The 2024 orbital rendezvous highlighted vulnerabilities, but it was the previous year's border tensions with Pakistan that truly accelerated progress. Over those intense four days, satellites became indispensable for real-time intelligence, guiding troop deployments and radar placements. Yet, a defence ministry-affiliated research group noted in May that China allegedly extended satellite assistance to Pakistan, enhancing their defensive capabilities. This revelation transformed space from a neutral domain into a strategic multiplier, prompting India to fortify its assets proactively.
Anil Bhatt, ex-Chief of Military Operations and now Director General of the Indian Space Association, emphasizes: "Interference or disruption of satellites is a tangible risk." He advocates for a balanced arsenal of protective measures, both tangible and intangible, to secure orbital superiority. For India, this means not just reacting to risks but innovating ahead of them, turning potential weaknesses into strengths.
Global Parallels: A Shared Quest for Orbital Resilience
India joins a select group of nations investing in orbital guardianship, yet its path is uniquely collaborative and tech-driven. China leads with over 1,100 satellites, as per N2YO.com, and has demonstrated agile "manoeuvre-capable" spacecraft, per a US Space Force statement to CNN in March 2025. These can shadow or interact with others, showcasing advanced propulsion and control systems. Japan, meanwhile, is prototyping defences against adversarial "interceptor" satellites, as per last year's media reports. The European Defence Fund has explored similar initiatives since 2023, reflecting a worldwide recognition that space assets demand robust safeguards.
What sets India apart is its emphasis on indigenous innovation and partnerships. With just over 100 satellites currently, India leverages quality over quantity, integrating cutting-edge AI and robotics to punch above its weight.
The Broader Vision: Building a Self-Reliant Space Ecosystem
This guardian programme is a cornerstone of India's expansive space roadmap. Bloomberg indicates advanced negotiations with domestic startups to deploy the inaugural test satellite in early 2026, with further missions slated for late 2025 or beyond. Once validated, state entities will amplify production, fostering a vibrant ecosystem.
Complementing this is the accelerated Space-Based Surveillance initiative, aiming for over 50 advanced reconnaissance satellites offering round-the-clock, all-weather imaging. Ambitious targets envision up to 150 units forming an unblinking orbital network over sensitive borders.
On the ground, India is establishing dedicated tracking hubs domestically and abroad, enhancing real-time monitoring of foreign orbits. Discussions with allies like France and the UAE for collaborative tracking, as confirmed by Bloomberg sources, signal a diplomatic dimension—turning space protection into a platform for international cooperation.
Redefining Space: From Exploration to Empowerment
Once a realm for peaceful pursuits like scientific discovery and global connectivity, space now demands active stewardship. Nations are deploying protective fleets, surveillance arrays, and adaptive systems, transforming the cosmos into a domain of strategic empowerment.
India's journey exemplifies this transition. By improvising on traditional satellite roles, it's not merely defending assets but advancing technology that could inspire global standards for orbital harmony. In this new chapter, India's guardians aren't just bodyguards—they're pioneers, ensuring the stars remain a frontier for progress, not conflict.
(Girish Linganna is an award-winning science communicator and a Defence, Aerospace & Geopolitical Analyst. He is the Managing Director of ADD Engineering Components India Pvt. Ltd., a subsidiary of ADD Engineering GmbH, Germany.)
Disclaimer: The views and opinions expressed in this article are solely those of the author. They do not necessarily reflect the views, policies, or position of the publication, its editors, or its management. The publication is not responsible for the accuracy of any information, statements, or opinions presented in this piece.
