Published On: Wed, Feb 3rd, 2021

Daily Crunch: Jeff Bezos will step down as Amazon CEO

The Bezos epoch is ending, Uber acquires Drizly and Tesla recalls 135,000 vehicles. This is your Daily Crunch for Feb 2, 2021.

The large story: Jeff Bezos will step down as Amazon CEO

Amazon announced now that owner Jeff Bezos will be transitioning from CEO to executive chair in a third entertain of this year. Andy Jassy, now a CEO of Amazon Web Services, will be holding over as arch executive for a whole company.

In an email to employees, Bezos pronounced that this will concede him to persevere some-more time to “Day 1 Fund, a Bezos Earth Fund, Blue Origin, The Washington Post, and [his] other passions.” Jassy, meanwhile, had formerly been identified as a expected successor.

The tech giants

Uber is shopping ethanol smoothness use Drizly for $1.1B — The devise is to build Drizly’s marketplace directly into a Uber Eats app, yet Uber says it will say Drizly as a standalone app as well.

Tesla recalls 135,000 vehicles over touchscreen failures — According to a National Highway Traffic Safety Administration, a touchscreen in Model S and Model X vehicles can destroy when a memory chip runs out of storage capacity.

Amazon to compensate $61.7M to settle FTC censure over stolen Amazon Flex motorist tips — According to a censure opposite Amazon and a auxiliary Amazon Logistics, a association had advertised that it paid 100% of tips to drivers, though in reality, Amazon used a patron tips to cover a disproportion after it lowered a hourly rate.

Startups, appropriation and try capital

Divvy Homes secures $110M Series C to assistance renters spin homeowners — Over a march of 2020, Divvy stretched operations from 8 to 16 sum markets and financed 5 times as many homes as it had in pre-pandemic times.

Kindred Ventures only sealed a second account with $100M in collateral commitments — Kindred is a San Francisco-based pre-seed and seed-stage try account founded by Steve Jang and Kanyi Maqubela.

Omnispace raises $60M to compound satellites and 5G into one entire network — Omnispace wants to offer entire 5G-compliant connectivity for craving users regulating a hybrid of wireless belligerent record and satellites.

Advice and research from Extra Crunch

Udemy’s new boss discusses a reskilling company’s destiny — “We blew by $100M ARR.”

The destiny of SaaS is on-demand: Use experts to expostulate expansion and rendezvous — For SaaS companies, not carrying a gig economy plan as we start 2021 is like blank a internet trend in 1990.

Save 25% with Extra Crunch Group Membership — This new underline allows we to simply conduct seats and payments for your group by a self-service interface.

(Extra Crunch is the membership program, that helps founders and startup teams get ahead. You can pointer adult here.)

Everything else

Eight Miami-area investors consider America’s southernmost tech ecosystem — We’re saying a “moment” in Miami, though many are anticipating to spin it into a movement.

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

The Daily Crunch is TechCrunch’s roundup of the biggest and many critical stories. If you’d like to get this delivered to your inbox each day during around 3pm Pacific, we can allow here.

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