Virgin Australia Adjusts Fares Amid Rising Aviation Costs and Middle East Tensions 
Jeff Bezos Eyes $100 Billion Fund to Transform Manufacturing With AI 
Palantir's Maven AI Earns Pentagon "Program of Record" Status, Reshaping Military AI Strategy 
Xiaomi Shares Drop After SU7 Launch as Margin Concerns Weigh on Investors 
Air Canada Express Plane Collides with Ground Vehicle at LaGuardia Airport 
Elliott Investment Management Takes Multibillion-Dollar Stake in Synopsys 
Judge Dismisses Sam Altman Sexual Abuse Lawsuit, But Sister Can Refile 
GE Vernova and Hitachi's $40 Billion SMR Investment Signals a New Era for U.S. Nuclear Energy 
Sinopec Posts 36.8% Net Profit Drop in 2025 Amid Weak Petrochemical Margins and Energy Transition Pressures 
Tesla Eyes $2.9 Billion in Chinese Solar Equipment to Power 100 GW U.S. Manufacturing Push 
Goldman Sachs Raises Oil Price Forecasts Amid Strait of Hormuz Disruptions 
EA's $15B Debt Offering Draws $25B in Investor Demand Amid Credit Market Turmoil 
Netflix Eyes South Korea for More Live Events as BTS Concert Livestream Approaches 
Berkshire Hathaway and Tokio Marine Form Major Strategic Insurance Partnership 
SLMG Beverages Eyes Price Hikes Amid Rising Packaging Costs and India's Booming Soft Drink Market 
NVIDIA's Feynman AI Chip May Face Redesign Amid TSMC Capacity Crunch 
FEMSA Cuts Jobs at Spin Fintech Unit, Refocuses Strategy on Oxxo Stores 
Amazon is losing another executive this year, as Jeff Blackburn announced earlier this week that he would be stepping down from his post and leave. The company’s senior vice president of business and corporate development sent out a note to employees to let them know about his exit.
Jeff Blackburn’s humorous farewell memo
GeekWire shared parts of the Amazon executive’s memo, and it was clarified that although he is leaving, he is not retiring. “I’m not retiring and will have news on what’s next for me soon,” Blackburn wrote. He also made a joke in his farewell note, and surely everyone knows what he means.
“The ‘too many Jeff’s’ bug that’s been bothering many of you for two decades has been fixed!” he said. “Over the years, we’ve always had multiple Jeff’s on s-team—Jeff Wilke, Jeff B, myself, and for a time Jeff Holden. Wilke’s retirement meant one less Jeff, and today, I’m taking it down to just the original.”
Blackburn has been with Amazon for 22 years, and since he has been with the company long enough and is considered as one of the company’s pillars, he was even seen as someone who can succeed Amazon’s founder Jeff Bezos. He went on a one-year sabbatical in 2020, and without formally returning to work, he made the announcement of his exit this week.
As per CNBC, his departure from the company is significant because he has been Bezos’ adviser for a long time. He joined Amazon’s close-knit business family after quitting as a junior investment banker at Deutsche Bank.
The other Jeffs who left before Blackburn
While Jeff Blackburn was on sabbatical leave for a year, there were many changes in Amazon’s executive list. Just last month, the company’s founder Jeff Bezos announced that he is vacating his post as CEO to become an executive chairman. Andy Jassy of Amazon Web Services will assume Bezos’ role.
Jeff Wilke, the company’s worldwide consumer chief, is also set to leave soon after revealing his plans to leave in October last year. Dave Clark will take over and become the new Amazon’s worldwide operations head.
