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From selling books to redefining retail: How Amazon, Bezos changed world

Amazon - named after the world's largest river - continually took shopping convenience to newer levels

Amazon Founder and CEO Jeff Bezos discusses his company's Fire smartphone at a news conference in Seattle, Washington, US
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Amazon Founder and CEO Jeff Bezos

Venkatesh Shankar | The Conversation

Amazon announced Jeff Bezos is stepping down as CEO almost 27 years after he founded the company to sell books to customers over dial-up modems.

Amazon wasn’t the first bookstore to sell online, but it wanted to be “Earth’s biggest.” When it first launched, a bell would ring in the company’s Seattle headquarters every time an order was placed. Within weeks, the bell was ringing so frequently employees had to turn it off.

But Bezos – who will remain at