Bezos to give reins to cloud boss Jassy as Amazon's sales rocket past $100b

Bezos to give reins to cloud boss Jassy as Amazon's sales rocket past $100b

Jeff Bezos, founder of Blue Origin and CEO of Amazon, speaks about the future plans of Blue Origin during an address to attendees at Access Intelligence's SATELLITE 2017 conference in Washington, DC, U.S. on March 7, 2017. REUTERS/Joshua Roberts/Files

Amazon.com Inc on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported a third consecutive record profit and quarterly sales above $100 billion for the first time.

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