Daily Crunch: Jeff Bezos will step down as Amazon CEO

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The Bezos age is ending, Uber acquires Drizly and Tesla remembers 135,000 automobiles. This is the Daily Crunch for February 2, 2021.

The huge story: Jeff Bezos will resign since Amazon CEO

Amazon announced today that founder Jeff Bezos would be transitioning from CEO to executive seat from the next quarter of the year. Andy Jassy, now the CEO of Amazon Web Services, will soon be taking over as chief executive for the whole firm.

In an email to employees, Bezos explained that this will allow him to devote more time to “Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, also [his] other passions. ” Jassy, meanwhile, had been recognized as a probable successor.

The technology giants

Uber is purchasing alcohol shipping service Drizly for $1.1B — The plan is to build Drizly’s market directly to the Uber Eats program, though Uber states it will maintain Drizly as a standalone program as well.

Tesla recalls 135,000 vehicles over touchscreen failures — According to the National Highway Traffic Safety Administration, the touchscreen Model S and Model X vehicles may fail every time a memory processor runs out of storage capability.

Amazon to cover $61.7M to settle FTC complaint on stolen Amazon Flex motorist hints — According to the criticism against Amazon and its subsidiary Amazon Logistics, the company had advertised that it paid 100 percent of advice to motorists, but in fact, Amazon employed the customer tips to pay the difference after it reduced the hourly rate.

Startups, funding and venture capital

Divvy Homes secures $110M Series C to assist renters become homeowners — Over the duration of 2020, Divvy expanded operations out of eight to 16 complete markets and financed five times as many houses as it had in pre-pandemic times.

Kindred Ventures only closed its second fund with $100M in funding commitments — Kindred is a San Francisco-based pre-seed and seed-stage venture fund founded by Steve Jang and Kanyi Maqubela.

Omnispace raises $60M to fuse tanks and 5G into one omnipresent network — Omnispace would like to provide omnipresent 5G-compliant connectivity for business users employing a hybrid ground technology and satellites.

Advice and evaluation from Extra Crunch

Udemy’s president discusses the reskilling business ’therefore future — “We blew by $100M ARR. ”

The near future of SaaS is on-demand: Use specialists to induce growth and engagement — For SaaS businesses, not having a gig economy strategy as we start 2021 is like missing the online trend in 1990.

Save 25% with Extra Crunch Group Membership — This new feature allows you to easily manage seats and payments for your group through a self explanatory interface.

(Extra Crunch is that our membership application, which assists startup and founders teams get forward. You can sign up here.)

Everything else

Eight Miami-area investors evaluate America’s southernmost technology ecosystem — We’re witnessing a “moment” in Miami, but many are hoping to turn it into a movement.

Welcome Tage Kene-Okafor, Mary Ann Azevedo, Sophie Burkholder and a guy named Drew — Hooray for new group members!

The Daily Crunch is TechCrunch’s roundup of the biggest and most important stories. If you’d love to get this delivered to your inbox daily at about 3pm Pacific, you can register here.


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