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Amazon increases its market cap by $600B in 2020 — and analysts predict even more growth

GeekWire

Amazon has become one of the top beneficiaries of social distancing mandates amid the COVID-19 pandemic as more people rely on its online store, cloud computing services, digital media offerings, and more amid the pandemic. The company is currently valued at more than $1.5 trillion, with shares trading around $3,150 on Monday.

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Father-daughters team launches Chances to attract Gen Z to new type of ‘social relationships app’

GeekWire

is co-founder of The Chances App , a new social relationships app he’s spent a year creating with daughters Vanessa Lipschutz, 23, a Seattle University grad, and Noelle Lipschutz, 19, a student at UCLA. Chances is a social relationships app created for and by Gen Z. Have you seen “The Social Dilemma” )?

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Read Jeff Bezos’ shareholders letter: Amazon founder focuses on employee welfare, comments on union vote

GeekWire

What’s next: Bezos will step down as CEO in the third quarter of this year, replaced by Amazon Web Services chief Andy Jassy. Amazon Web Services serves millions of customers and ended 2020 with a $50 billion annualized run rate. How much value did we create for shareowners in 2020? More than 1.9

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Here are all the winners of the 2020 Webby Awards

The Verge

Lil Nas X’s “Panini,” NASA’s social media presence, Rihanna’s Fenty Beauty line, and John Krasinski’s Some Good News YouTube show are among the winners of this year’s Webby Awards. National Geographic took away this year’s most awards, 15 total, with wins for its science podcasts, travel videos, and photos on social media, among other things.

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The biggest enterprise technology M&A deals of the year

CIO Business Intelligence

trillion in 2020 to $5.16 Where Qualtrics uses online surveys to ask people how they feel, Clarabridge uses AI to identify sentiment by analyzing social media, chat sessions, and other information sources. stake in the virtualization software company in a process that will net it a special dividend of around $9.5