Empire Codex

Here’s what we have for you today:

• Floating on cloud

• Lost in wilderness

• Rocketing side effects

Jeff Bezos’ successor at Amazon

JD

Web service: Andrew Jassy founded Amazon Web Services and served as CEO from 2016-2021; which is in charge of the company’s cloud computing services.

Then and now: He started at Amazon in 1997 and helped transformed its operations, under his direction in cloud computing; it led to 16% of Amazon’s revenue in 2022.

The transition: Andrew took over as Amazon’s CEO in 2021 after Jeff’s absence.

Amazon’s current pace of retail growth

What happened: With the end of 2023 and the start of 2024, Amazon has currently stopped adding new Amazon Fresh brick-and-mortar grocery stores.

Picked off: In 2017, Amazon Fresh Pickup attempted to change how people shopped for groceries with delivery services, but was shut down in 2022.

Lastly: Amazon still operates Whole Foods and has been slowly expanding its Amazon Go convenience stores along with selling software to other retailers.

The ups and downs of the space sector

More fireworks: In 2023, at least 200 space rocket launches were recorded around the globe.

The Americas: Companies such as SpaceX is targeting 12 rocket launches per month, that would total 144 flights if holds true for 2024, with the likes of Blue Origin slowly trailing behind.

Cause and effect: Regular rocket fuel injects soot into the highest layers of earth’s atmosphere, unfortunately even other forms of fuel that create byproducts such as water vapor can still react and deplete the ozone.

Read More About Economics

What is going on in the North American economy.

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