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Romance / Re: Why Do Nigeria Ladies Dislike Fair Guys? by Blaksheep: 7:22pm On Oct 10, 2021
Very simple. Tell friend to darken his skin with a 2020 G Wagon... grin grin grin

2 Likes

Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 3:17pm On Oct 10, 2021
Livelystone01:

Your statement underrates Fury.
He is technically gifted, he knows how to dodge punches and he is the master of jabs. How you expect Wilder to win Fury without knocking him out is still a mystery to me.
None of the heavyweight boxers as at today can out punch Fury, none! He's fast with his jabs and very skillful in his dodges.

Wilder knows that his only hope of winning Fury is by knocking him out, that's why he was always throwing power punches and hooks when there were opening for jabs. Besides, Fury knows how to create an opening for a jab so he can get you closer for his own fast jabs.

The only person who has given Fury a run for his money on technical ability has been Klitschko, the others of today are fighting like women in an heavyweight division that was usually known for either power or skills.

Try watch Fury's fights and you will see that he fights like the gypsy that he is.

His father is also another bloody street fighter too, though he's not a boxer.

I know very well that Fury is exceptional. But how will you explain wilder landing only 3 jabs in a whole round of 3 minutes.. is it 1 jab per minute. Let's not forget. The sport is called boxing not punching. If you can't box den you aren't at the right sport. That u have a power punch doesn't make you a boxer.
Family / Re: Am I Wicked Or Did I Do The Right Thing? by Blaksheep: 11:52am On Oct 10, 2021
seanjy4konji:
So what happeed to that neighbor after you left?

In my case,it was the girlfriend that was always rude after i set some boundaries due to being taken for granted by this same girlfriend after she started coming around....I went back to the house after 1 year,i cut of the girls left ear, and three fingers from her hand...The guy had his whole left hand cut off and left no traces...

I don't know. I don't have time for such kind of people.
Family / Re: Am I Wicked Or Did I Do The Right Thing? by Blaksheep: 10:51am On Oct 10, 2021
My brother I don't blame you. Some people are just plain stupid, inconsiderate or wicked. That's how I was doing good person where I was living before. I was paying the Nepa bill for the whole compound. We were just 2 in the compound and share 1 meter. I lived there for a year and six months and paid all through wen he calls to thank me and ask for my account number to reimburse me half I'll say don't worry. Pumping machine spoil I repair, any issues in the compound I'll take care of it... I don't even need his thank you. Last last e call efcc for me. I just laugh... left the compound for him and his wife... I don't like bad energy....

2 Likes

Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 9:24am On Oct 10, 2021
TheFacelessMan:


Too late to adjust for him now.

Elite fighters like Canelo constantly evolve and adapt.

Unfortunately Deontay is a hype job. Just not at that level.

Canelo is a complete boxer. Pound 4 pound champ.
Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 8:13am On Oct 10, 2021
ThEGodFaThEr106:

Wilder is not a technical boxer. He lacks skills and boxing prowess because he doesn't have a good amateur background but what he lacks in skills he makes up in strength and his straight right hand punch.

Then what do u do wen u can't land that right hand. His coaches should have trained and prepared him for that.

1 Like

Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 8:10am On Oct 10, 2021
seunmsg:


Wilder is done as far as I am concerned. He’s a lousy boxer with only a powerful right jab.

Very lousy. Without that right hand I doubt if he would have won any fight.
Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 8:07am On Oct 10, 2021
hammer3x:



WILDER SHOULD HAVE GOT THE DEFENCE MASTER TO TRAIN HIM.


MAYWEATHER.

Supported. The guy just messed himself up. Couldn't evade or block any heavy punch. Fury landed over 50 heavy punches on him in the first six rounds of the fight... the guy collect better beating.
At the Same time i no know wetin Fury dey find for wilder left ear. grin grin

1 Like

Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 8:05am On Oct 10, 2021
Drogunov:


Keep quiet there. If I catch you one on one I will beat ghe hell out of you. Wetin? I will knock you out asap! You wan try me?

Sorry! Was just tripping grin grin grin

Lol... make I first see ur body build n height first before I go accept ur challenge...

Me no get strength again.. grin grin

1 Like

Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 7:54am On Oct 10, 2021
salford:

Fury can get punished alot if he tries the leaning of weight method against a boxer good with uppercuts.
Yes he will. klitschko tried it and got several upper cuts
Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 7:53am On Oct 10, 2021
SavageResponse:


So you know more than his current trainer abi? angry

Didn't say so. Just that there were many flaws in wilder's defence and attacking technicalities.
Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 7:51am On Oct 10, 2021
ThEGodFaThEr106:

You don't understand boxing. Boxing is an art and also a science. Boxing is like international trade; every boxer has a comparative advantage over other. You go into a fight to make good use of your advantage. Fury is bigger and taller and so a jab from wilder will be less effective. In this fight, fury' advantage will be his jab and body weight while wilder will look towards body shots.

This is where u got it all wrong. Wilder advantage is his right hand. So shouldn't be throwing it every time because every opponent knows which means dey have been training to evade it. That's where u need to mix it up with combinations so ur opponent doesn't see it wen it's coming.

Fury kept coming forward and closing the gap between them so dat wilder wouldn't be able to throw a right hand. Which means wilder was left with just his left. And Fury was expecting it.
That why wen he throws a left hook Fury always evades it cos he's expecting it. As he misses Fury lands a right hand to his ear... it's simple boxing technique.

But if wilder has replaced that left hook with a left jab... he would have used it to prevent Fury from closing up the gap and taking up points. And u hardly miss a jab. The best ur opponent can do is block but u are keeping him at arms length... then the big right can come in...

1 Like

Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 7:43am On Oct 10, 2021
wink2015:


You seem to have a good knowledge of boxing from your explanation.

You talk about throwing in jab, left hook.

Yeah... I wanted to be a boxer... but my papa no gree. Anyway dem for scatter my fine face.

My dad was a boxer sha. Up to national level. It runs in the family.

2 Likes

Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 7:42am On Oct 10, 2021
salford:

The guy is not skillful and relies too much on his KO punches. Still throws his windmill punches and hoping to land a lucky one. I got tired of his side shouting uppercut several times during the fight. They shout uppercuts almost everytime Fury throws his weight on wilder, but It seems he was deaf or something.

He's side didn't advice him well during the fight. What pained me the most was wen his coach told him at the end of round 3 to keep doing what he's doing.... I just weak.

2 Likes

Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 7:37am On Oct 10, 2021
GrammarNazi1:

He got a new trainer for the fight.

Then he should go for at least 1 year training camp to work on his technicality and defence. How will u fight for 11 rounds without throwing a single combination. And also ur opponent landing over 80% of his punches.. both jabs and heavy punches.

Having a single blow knock out is not enough.

1 Like

Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 7:27am On Oct 10, 2021
paulolee:

he so much believe on bis heavy jabs n dts wat gave him an edge in their first fight..
u cnt keep planning to throw jabs without thinking of dodging or receiving them....
na d same tin dey worry our own ajaba wey lose yesterday

He wasn't even throwing a heavy jab. But a heavy whirlwind... wen u miss, u lose stamina and open up for a counter... that's what Fury used to knock him out.
Sports / Re: Tyson Fury Defeats Deontay Wilder In Thrilling Fight With Five Knockdowns by Blaksheep: 6:18am On Oct 10, 2021
Wilder lost but he got my respect. He seriously needs a new trainer. You can’t keep throwing heavy punches every time and missing. He couldn't even block and defend simple jabs. Throwing left hook wen u are suppose to throw a jab is a big red flag.

How will u fight for 11 rounds without throwing a single combination. And also ur opponent landing over 80% of his punches.. both jabs and heavy punches.

Get a new trainer champ... den u good.

114 Likes 7 Shares

Sports / Re: Triology: Tyson Fury Knocks Deontay Wilder Out On The 11th Round (highlights) by Blaksheep: 6:15am On Oct 10, 2021
Wilder needs a new trainer.
Sports / Anthony Joshua Vs. Oleksandr Usyk Purse: How Much Money Will They Make? by Blaksheep: 5:34pm On Sep 23, 2021
WBA (super), IBF, WBO and IBO heavyweight champion Anthony Joshua and former unified cruiserweight champion Oleksandr Usyk will face off in one of the biggest fights of the year on Sept. 25. The bout will have significant ramifications, as the winner could face Tyson Fury, the WBC and The Ring champion, or Deontay Wilder.

But how about the intrigue for this fight? According to InsiderSport, Joshua vs. Usyk will air across 170 countries and territories on DAZN, and Joshua’s promoter, Eddie Hearn, predicted the bout would draw a capacity crowd in excess of 60,000 at Tottenham Hotspur Stadium in London.

Joshua and Usyk are the second- and fourth-ranked fighters in the heavyweight division, according to ESPN, and established champions, so the pay day for each competitor is also expected to be substantial. Here are the figures that Sporting News was able to compile before Saturday’s bout.

How much money will Anthony Joshua earn vs. Oleksandr Usyk?

Per TotalSportal, Joshua is set to earn £10 million ($13,832,700) against Usyk. The site also predicted that if the fight sells around 450,000 pay-per-view buys in the United Kingdom, Joshua could make £15 million ($20,751,180) in total.

The U.S. Sun reported Joshua earned £10 million from his fight against Kubrat Pulev but missed out on £8 million since the bout was postponed due to the COVID-19 pandemic. It was a much less significant sum than what he earned in his rematch against Andy Ruiz Jr. in December of 2019 (a guaranteed £46 million or $63,639,160, per Chris McKenna of Daily Star Sports).

It is unclear what the split of the pay-per-view percentage will be for this bout, but Sporting Free reported the total could be 60 percent for Joshua and 40 percent for Usyk.

According to a report from WealthyGorilla in June, Joshua’s net worth is currently $80 million.

How much money will Oleksandr Usyk earn vs. Anthony Joshua?

TotalSportal also reported Usyk will make £3 million ($4,150,380) for Saturday’s bout, which is the biggest payday of his career according to Sportekz.

If the pay-per-view target (reportedly 450,000 buys) is met, Usyk could make another £1-£2 million ($1,383,465 to $2,766,930). Usyk’s previous best payday was a reported $2.5 million for his unanimous decision victory over Derek Chisora in Oct. of 2020.

Usyk’s net worth is $4 million, so this will be a significant upgrade in his career earnings.


Source:
https://www.sportingnews.com/us/boxing/news/anthony-joshua-vs-oleksandr-usyk-purse-salaries-how-much-money-will-they-make-for-2021-fight/1ah0f8jmqo0qu1avevyionwd72
Sports / Derby Fall To Last Place With 12-point Deduction For Entering Administration. by Blaksheep: 5:21pm On Sep 23, 2021
Derby have been docked 12 points by the English Football League, sending them to the foot of the Championship, after confirming the appointment of administrators. Wayne Rooney’s side had 10 points from eight games but are now six points adrift of second-bottom Nottingham Forest.

A Derby statement said Andrew Hosking, Carl Jackson and Andrew Andronikou of the business advisory firm Quantuma would serve as joint administrators. Derby had signalled their intention to appoint administrators last week, citing a failure to identify new owners and the continued impact of Covid-19 on revenue streams.

Hosking said: “We are in the early stages of assessing the options available to the club and would invite any interested parties to come forward. Our immediate objectives are to ensure the club completes all its fixtures in the Championship this season and finding interested parties to safeguard the club and its employees.”

The EFL said it had held talks with the administrators and talks were planned with the fans’ group Rams Trust, the Department for Digital, Culture, Media and Sport, and local MPs.

The EFL’s chief executive, Trevor Birch, said: “I appreciate this is a challenging and concerning period for everyone associated with the club, particularly the staff and supporters, and it is our intention to work proactively with the administrators and all relevant parties with the objective of securing a long-term and viable future for Derby County.”

Derby stand to be deducted a further nine points, and given a suspended three-point deduction, for a separate breach of the EFL rules. Derby were ordered to resubmit their 2015-16, 2016-17 and 2017-18 accounts after being found to have broken accounting regulations.
Source:
https://www.theguardian.com/football/2021/sep/22/derby-fall-to-last-place-with-12-point-deduction-for-entering-administration
Sports / David De Gea’s Gets His First Penalty Save Since 2016 by Blaksheep: 4:34pm On Sep 19, 2021
David de Gea saved a penalty and secured Manchester United a win with injury time heroics against West Ham.

A late penalty award for a Luke Shaw handball seemed to set West Ham up to score a late equaliser.

West Ham boss David Moyes sent on preferred penalty taker Mark Noble just to take the spot-kick, and he missed.

Noble’s penalty was saved by David de Gea, and what a moment it was.

Saving penalties has been a weak point for De Gea in recent years.

This was his first save since 2016 when he saved from Romelu Lukaku in the FA Cup.

His penalty record came under the spotlight after the Europa League final in which United lost in a shootout.

De Gea conceded all 11 penalties and then missed his own, a total nightmare.

This was the first penalty De Gea had faced since the unhappy late May night in Gdansk.

He dived to his left and got a strong hand on Noble’s penalty to keep it out.

This save kept the score at 2-1, ensuring Jesse Lingard’s late goal was the winner.

De Gea has had a fantastic start to the season and this save capped it off. He could be back to his best and it is great for his confidence that he is back to saving penalties, and a very important one.

Source https://www.unitedinfocus.com/news/manchester-united-fans-react-to-david-de-geas-first-penalty-save-since-2016/amp/
Sports / PSG Gains 4M Instagram Followers After Messi Signings by Blaksheep: 1:30pm On Aug 11, 2021
After announcing that Messi had joined PSG, the club’s official Instagram saw a surge in followers.

Before the anouncement, the Paris-based team had 38.7 million followers. At the time of writing this, the club now has 42.7 million followers.

This means that PSG’s followers have increased by a staggering four million people following the Messi signing.

However, the followers actually started growing long before the announcement. As soon as Messi left Barcelona and was linked with the French team, their followers grew dramatically.

In total, the club’s Instagram followers have grown from 19 million to over 42 million in the last week, which is a total increase of 23 million followers.

It’s not just PSG’s followers that increased either, Lionel Messi has gained a significant number of fans on his personal Instagram too.

The 34-year-old has always been in the top ten most-followed people on the platform, but he’s just become even more popular.

On the day his transfer to PSG was announced (August 10th), he gained a staggering 2.7 million followers, bringing his total to 247 million.

This means that he actually overtook Kim Kardashian and became the seventh most followed person on Instagram.

Source
https://independent.ng/psg-gains-4m-instagram-followers-after-messi-signing/
Crime / Hushpuppi To Be Sentenced In October –US Court by Blaksheep: 8:29pm On Jul 31, 2021
The United States Attorney’s Office at the Central District of California says that Ramon Abbas, aka, Hushpuppi, will be sentenced in October 2021.

The court’s Director of Media Relations, Thom Mrozek, disclosed this to one of our correspondents in an emailed enquiry on Friday.

Hushpuppi has recently pleaded guilty to various offences bordering on internet scam and money laundering, among others.

The court also confirmed that it ordered the FBI to arrest Deputy Commissioner of Police Abba Kyari, for his alleged role in a $1m scam allegedly perpetrated by Hushpuppi and five others.

“A U.S. Magistrate Judge has issued arrest warrants for the defendants in the case, including Mr Kyari. This is standard operating procedure in nearly all of the criminal cases filed by this office.

“Hushpuppi is currently scheduled to be sentenced in late October,” Mrozek stated.

The court official, however, did not disclose whether Kyari must be in court with Hushpuppi by late October.

In a plea agreement document sighted by The PUNCH, Hushpuppi has since pleaded guilty to money laundering and internet fraud-related charges.

The United States Attorney’s Office at the Central District of California says that Ramon Abbas, aka, Hushpuppi, will be sentenced in October 2021.

The court’s Director of Media Relations, Thom Mrozek, disclosed this to one of our correspondents in an emailed enquiry on Friday.

Hushpuppi has recently pleaded guilty to various offences bordering on internet scam and money laundering, among others.

The court also confirmed that it ordered the FBI to arrest Deputy Commissioner of Police Abba Kyari, for his alleged role in a $1m scam allegedly perpetrated by Hushpuppi and five others.

“A U.S. Magistrate Judge has issued arrest warrants for the defendants in the case, including Mr Kyari. This is standard operating procedure in nearly all of the criminal cases filed by this office.

“Hushpuppi is currently scheduled to be sentenced in late October,” Mrozek stated.

The court official, however, did not disclose whether Kyari must be in court with Hushpuppi by late October.


In a plea agreement document sighted by The PUNCH, Hushpuppi has since pleaded guilty to money laundering and internet fraud-related charges
Meanwhile, the Coalition of Public Interests Lawyers and Advocate has said that Kyari’s indictment is an embarrassment to Nigeria, the Muhammadu Buhari-led regime and the Nigeria Police Force.

The coalition, while claiming that Kyari is no longer fit to remain the head of the Police unit, faulted the decision by the NPF to investigative him, asking that the Economic and Financial Crimes Commission, in collaboration with the Federal Bureau of Investigation as well as the Police Service Commission, should take over the investigation.

The COPA said this in a statement issued on Friday by its National Coordinator, Pelumi Olajengbesi, and titled, ‘The Indictment of DCP Abba Kyari by the US Federal Bureau of Investigation Over Allegations of Fraud and Abuse of Police Powers.’

The group said, “Therefore, that the continuous retention of Mr. Abba Kyari as the head of Inspector General of Police’ Intelligence Response Team of the Nigeria Police Force is no longer tenable, pending the conclusion of an independent investigation into the extent of his guilt, complicity or the lack thereof in the damning revelations made against his person and office by self-confessed internet fraudster, Ramon Abbas, aka, Hushpuppi.”


Source:
punchng.com
Sports / Manchester United Growing In Confidence Over Varane Deal by Blaksheep: 4:19pm On Jul 26, 2021
The Real Madrid defender is a priority target for Ole Gunnar Solskjaer as he looks to strengthen his back line ahead of the new campaign

Manchester United are growing confident a deal can be agreed to sign Real Madrid defender Raphael Varane after positive talks over the weekend.

The centre-back is a priority target for Ole Gunnar Solskjaer as he looks to strengthen his back line and Goal understands there were positive talks over personal terms and a transfer fee over the last few days.

Should the France international sign he would become the second major signing of the summer for United after they landed Jadon Sancho from Borussia Dortmund.

What do we know?
United have been working on a deal to land the 28-year-old since agreeing terms to sign Sancho at the start of the month. Solskjaer knows he needs to strengthen his back line if United are to get closer to winning the title and the Real Madrid man has been earmarked as the ideal candidate.

While a deal is not yet agreed it is edging closer after positive discussions over terms and fee over the weekend.

Goal reported work has been done to bridge the gap in valuation and a deal could be agreed between €45m (£39/$53m) and €55m (£47m/$65m) and it is understood United are pushing for the fee to be under €50m.

Source: [url]goal.com[/url]
Business / Magistrates, IG Have No Powers To Freeze Bank Accounts, Court Rules by Blaksheep: 10:35pm On Jul 24, 2021
A Federal High Court in Abuja has ruled that magistrate courts do not have the powers to issue orders freezing bank accounts.

Delivering judgment in a suit marked FHC/ABJ/CS/1635/2019, Justice Inyang Ekwo also declared that banks should not act on "bankers order" served on them by the police to freeze or place a post-no-debit on personal accounts.

Five children of one late Edward Akponovwe Esiso had taken their brother, Yoma Esiso, four banks, the Inspector-General of Police (IG) and the Commissioner of Police in charge of the IG Monitoring Unit to court for freezing their bank accounts in 2019.

The plaintiffs -- Eunice Oddiri, Beauty Ogbodu, Sunny Esiso, Edirin Esiso, and Emuobosa Consin -- said in September 2019, one of the landed properties of their late father situated in Port Harcourt, Rivers State, was sold and the proceeds shared among them, including Yoma.

According to them, they were later arrested and detained after Yoma petitioned the police.

Upon their release, the plaintiffs said they realised that their accounts were frozen following authorisation by the office of the IG and the Commissioner of the Police in charge of the IG monitoring unit.

The banks in their defence said the letters from the IG office were accompanied with a document called a "bankers order" from a magistrate court, ordering the freezing of the accounts.

The banks are Zenith Bank Plc, Stanbic IBTC Bank, GuarantyTrust Bank and First Bank Plc.

Only GTBank filed processes in response to the suit.

In the judgment, Ekwo held that there was no existing Nigerian law or relevant foreign law empowering magistrates to make such an order for the freezing of personal accounts.

"The bankers' order/order freezing and/or enabling the post-no-debit cannot be validly issued pursuant to a non-existent/repealed Bankers Order Act 1847 and any other irrelevant foreign law," he ruled.

"A magistrate lacks the powers to make bankers orders and/or order freezing or enabling a post no debit on bank accounts pursuant to non-existent/repealed section 7 of the Banker's Order Act 1847."

Consequently, the judge ordered the four banks "to unfreeze the accounts of the plaintiffs and desist from further giving effect to the non-existent bankers order served on the prompting of the 5th and 6th defendants (IG and the IG monitoring unit)".

https://www.thisdaylive.com/index.php/2020/10/09/magistrates-ig-have-no-powers-to-freeze-bank-accounts-court-rules/

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Politics / Soludo Leading APGA Primary. by Blaksheep: 7:34pm On Jun 23, 2021
Just go the information from a reliable source that Soludo is leading by a wide margin. Although vote count is still going on.
Pets / Re: These Are The Cutest Dog Breeds According To Science (Photos) by Blaksheep: 6:59pm On Mar 04, 2021
Alabai is cute.

Atleast mine is beautiful. Finer than most breeds up there.
Investment / Mastercard To Open Up Network To Select Cryptocurrencies by Blaksheep: 9:24pm On Feb 11, 2021
(Reuters) - Mastercard Inc said on Wednesday it was planning to offer support for some cryptocurrencies on its network this year, joining a string of big-ticket firms that have pledged similar support.

The credit-card giant’s announcement comes days after Elon Musk’s Tesla Inc revealed it had purchased $1.5 billion of bitcoin and would soon accept it as a form of payment.

Asset manager BlackRock Inc and payments companies Square and PayPal have also recently backed cryptocurrencies.

Mastercard already offers customers cards that allow people to transact using their cryptocurrencies, although without going through its network.

"Doing this work will create a lot more possibilities for shoppers and merchants, allowing them to transact in an entirely new form of payment. This change may open merchants up to new customers who are already flocking to digital assets," Mastercard said. (mstr.cd/3tLaPZM)

Mastercard specified that not all cryptocurrencies will be supported on its network, adding that many of the hundreds of digital assets in circulation still need to tighten their compliance measures.

Many cryptocurrencies have struggled to win the trust of mainstream investors and the general public due to their speculative nature and potential for money laundering.

Source: https://www.reuters.com/article/us-crypto-currency-mastercard/mastercard-to-open-up-network-to-select-cryptocurrencies-idUSKBN2AA2WF
Business / Jeff Bezos Steps Down As Amazon CEO by Blaksheep: 11:40pm On Feb 02, 2021
Source: NBC NEWS.


Jeff Bezos said Tuesday that he will step down as chief executive of Amazon, leaving the helm of the company he founded 27 years ago.

Bezos will transition to the role of executive chair in the third quarter of this year, which starts July 1, the company said. Andy Jassy, the chief executive of Amazon Web Services, will take over as CEO of Amazon.

In a memo to employees, Bezos said the transition will give him "the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions."


The announcement set off alarm bells on Wall Street and throughout the business community, though the transition does not necessarily portend any significant change to Amazon’s business. Amazon reported a year of record growth on Tuesday, including a 38 percent increase in net sales from 2019, netting the company $21 billion in income, nearly double from the year before. Investors didn’t seem fazed by the news, either. Amazon's share price was up about 1.5 percent following the announcement.

Bezos steps away from Amazon at a time when its market value hovers around $1.7 trillion, making it one of the most valuable companies in the world.

It remains to be seen how active Bezos will be in Amazon’s business in his new role. Several major tech executives have stepped down as CEO and remained intimately involved in their companies’ business, including Larry Ellison at Oracle and Bill Gates at Microsoft. Bezos remains one of Amazon's biggest shareholders.

In Jassy, Bezos is tapping a longtime Amazon employee who joined in 1997 and built the company’s cloud services business, which started as a small addition to its e-commerce operations but has grown in recent years to account for roughly 60 percent of operating profit and has become one of the leaders of the cloud computing industry.

The move is a major turning point in one of the most successful entrepreneurial runs in American history. Bezos founded Amazon in 1994 as an online bookstore, survived the dot-com bubble in the early 2000s, and built the company into one of the largest employers in the U.S. with a network of facilities touching almost every part of the country. Bezos is one of the world's richest people, having recently been edged out of the top spot by Tesla CEO Elon Musk.

"The question I was asked most frequently at that time was, 'What’s the internet?,'" Bezos said in the employee memo about the early days of Amazon. "Blessedly, I haven’t had to explain that in a long while."

Amazon's success moved it quickly from a quirky internet upstart into one of the most watched — and scrutinized — companies in the country. Amazon’s size and business practices have raised antitrust questions from both U.S. and European Union regulators about how it has used its dominance to edge out competitors. Bezos was called before the House Judiciary Committee last year where he faced questions about the company's competitive practices, including accusations of pricing out competitors on its platform and using third-party seller data to inform the sale of its own products.

In addition to dedicating time to his space exploration company Blue Origin and The Washington Post, Bezos said he plans to focus on his philanthropic efforts including the Day 1 Fund and the Bezos Earth Fund, which are focused on helping homeless families and starting preschools in low-income communities and climate change, respectively.

“I’m super passionate about the impact I think these organizations can have,” he wrote in his note to employees.

In an interview with NBC News this week, outgoing Washington Post executive editor Marty Baron commended Bezos for his ownership of the paper.

“It's not just money, it's not financial capital,” Baron said. "It's intellectual capital. He’s someone who understands consumer business and consumer behavior. That is really important to us."

Bezos has faced some accusations that he has been slow to share his fortune. MacKenzie Scott, the philanthropist and author who divorced Bezos in 2019, has given away more than $6 billion in the past year. As part of the divorce, Scott received a 4 percent stake in Amazon.

Bezos' move sparked reaction from many of his fellow tech chiefs, including Google CEO Sundar Pichai.

"Congrats @JeffBezos, best wishes for Day 1 and Earth fund,"

https://www.nbcnews.com/tech/tech-news/jeff-bezos-steps-down-amazon-ceo-n1256540
Autos / Re: Cheap Cotonou Car/suv Delivered To Nigeria By Hassan See Pictures by Blaksheep: 2:53pm On Jan 14, 2021
Can u get a gla 250 2017 for me? What the landing price with original customs duty.
Politics / Re: Jubilation In Seme As FG Reopens Four Land Borders by Blaksheep: 11:28am On Dec 17, 2020
Does it mean someone can now buy car from cotonou and bring it to Nigeria?

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