Amazon founder Jeff Bezos, along with his brother, will take the first space trip from his rocket business Blue Origin on July 20.

A seat is allocated for the winner of an ongoing online auction in addition to Jeff Bezos and his brother. The auction ends on June 12th, with a high price of $2,800,000. Blue Origin revealed in May that its maiden journey aboard its New Shepard rocket, which can take up to six people each mission, would sell off one seat to the highest bidder.

“I've wanted to travel to space since I was five years old. I'll be traveling with my brother on July 20th. My best friend and I embarked on the greatest adventure. “#GradatimFerociter,” Bezos captioned a video on Instagram.

“Seeing the Earth from space affects you. It alters your relationship with the Earth and with people. “There is only one Earth,” Bezos declares in the video. “I want to take this flight because it's something I've always wanted to do. It's a thrilling adventure. It means a lot to me.”

Blue Origin's reusable rocket New Shepard will carry Bezos to the edge of space. According to The Verge, the rocket is topped with a gumdrop-shaped Crew Capsule with space for six passengers inside and big windows. When the rocket reaches the Kármán line, which is 100 kilometers above sea level, the capsule will disengage from the booster, allowing passengers inside to see the curvature of the Earth and feel weightlessness. The launcher and capsule will use parachutes to land in the West Texas desert.

The auction was divided into three phases, the first of which, from May 5 to May 19, permitted individuals to bid any amount on the internet.

After the bids were revealed on May 19, Blue Origin will hold a live auction to choose the winner on June 12. According to the firm, the proceeds from the auction will be donated to Blue Origin's foundation, Club for the Future, which promotes STEM education programs.

Bezos stated last month that he would resign as Chief Executive Officer of Amazon on July 5. In February, Bezos informed his staff of his intentions to step down as CEO in a letter. He will now take over as the company's executive chairman in the third quarter of this year. Andy Jassy, the director of Amazon's cloud division Amazon Web Services (AWS), will take over for Bezos.

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Amazon shareholders Wednesday turned back a series of proposals put forth by critics at the company's annual meeting aimed at creating new social responsibility goals for the tech giant.

The virtual shareholder meeting rejected all 11 dissident proposals while adopting four measures on board membership, executive compensation and other company business, an Amazon spokesperson said, without elaborating.

The dissident proposals included one to create an independent chair to oversee chief executive Jeff Bezos.

The measures were backed by a group called Amazon Employees for Climate Justice which contended that "toxicity" pervades the Seattle-based company.

Losing proposals also targeted food waste, racism, environmental justice, and sales of technology such as facial recognition software that could be used to violate civil rights.

The meeting comes amid heightened tensions over Amazon's workplace policies as it struggles with the COVID-19 epidemic.

The pressure has led to walkouts at some Amazon facilities and brought out more calls for Amazon to step up efforts for workplace safety -- even as the company has touted dozens of new incitatives.

None of the shareholder proposals opposed by the Amazon board got enough votes to pass.

Amazon defended its corporate responsibility efforts in a document provided to shareholders.

"Certain of the shareholder proposals relate to environmental, sustainability, social, or governance issues, often requesting that we prepare a report, adopt a policy, or take some other particular action," the document said.

"In many cases, we already support some of the initiatives or share the concerns addressed in such proposals, and we often already have taken actions that we believe address the underlying concerns of a proposal, but we may disagree with how the proposal seeks to prescribe the manner in which we approach or report on the issue."

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Toyota Motor Corporation (Toyota) and Amazon Web Services, Inc. (AWS), an Amazon.com company, are expanding their global collaboration, applying AWS's vast portfolio of services to expand Toyota's Mobility Services Platform (MSPF), an ecosystem to help Toyota engineers develop, deploy, and manage the next generation of data-driven mobility services for driver and passenger safety, security, comfort, and convenience in Toyota's cloud-connected vehicles.

Toyota's MSPF leverages the reliability and scalability of AWS's global infrastructure, as well as developing expertise from AWS Professional Services, to meet the challenge of processing and analyzing data from operations within Toyota's worldwide fleet of connected vehicles. The MSPF and its application programming interfaces (API) will enable Toyota to collect data from connected vehicles and apply it towards vehicle design and development, new contextual services such as car share, rideshare, full-service lease, and new corporate and consumer services such as proactive vehicle maintenance notifications and driving behaviour-based insurance.

The collaboration between Toyota and AWS extends to Toyota's entire enterprise and will help build a foundation for streamlined and secure data sharing throughout the company and accelerate its move toward CASE (Connected, Autonomous/Automated, Shared and Electric) mobility technologies.

In expanding Toyota's relationship with AWS, Shigeki Tomoyama, Chief Information & Security Officer and Chief Production Officer at Toyota Motor Corporation said, "Connectivity drives all of the processes of development, production, sales and service in the automotive business. Expanding our agreement with AWS to strengthen our vehicle data platform will be a major advantage for CASE activities within Toyota."

"Toyota is leveraging the unmatched breadth and depth of AWS services to transform how it develops and manages new mobility services across its entire ecosystem of connected vehicles around the world," said Andy Jassy, CEO of AWS. "By running on AWS, with its high performance, functionality, and security, Toyota is able to innovate quickly across its enterprise and continue to lead the automotive industry in delivering the quality of experiences that customers expect."

 

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On July 5, Amazon CEO and co-founder Jeff Bezos will formally step down as the e-commerce company's Chief Executive Officer. In February, Bezos informed his employees of his decision to step down as CEO in a letter. He will now take over as the company's executive chairman in the third quarter of this year. Andy Jassy, the head of Amazon's cloud division Amazon Web Services (AWS), will take over for Bezos.

Interestingly, Amazon was founded in July 1994, and Bezos will formally retire on the same date. He stated that the timing is sentimental, but that he is excited to take on a new role.

Bezos has been associated with Amazon for more than three decades and will be named the world's richest man in September 2020. His net worth had surpassed $202 billion after a $5.22 billion increase in a single day. Elon Musk eventually surpassed Bezos as the world's richest person.

Bezos announced his departure from the company in a letter to his employees, saying, "I'm excited to announce that this Q3 I'll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO." As Exec Chair, I intend to concentrate my efforts and attention on new products and early-stage initiatives. Andy is well-known within the company and has been with Amazon for nearly as long as I have.

Bezos stated that being the CEO of Amazon is a large responsibility that consumes him. As an Executive Chair, he will be involved in important Amazon initiatives while also focusing on Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and other important initiatives.

Jassy, who has worked for Amazon for over 25 years, will take over for Bezos. Jassy, who currently heads one of Amazon's most important divisions, joined the company right after graduating in 1997.

Jassy founded Amazon Web Services (AWS), Amazon's cloud service platform, in 2006. Individuals, businesses, and governments can use the company's on-demand cloud computing platforms and APIs. The service competes with Microsoft Corp.'s Azure and Alphabet Inc.'s Google Cloud. According to the most recent earnings report, AWS made $12.7 billion in sales in the fourth quarter.

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