IT WAS NOT a bad start for Andy Jassy, who on July 5 succeeded Jeff Bezos as head of Amazon. The next day, the share price of the digital empire, which Mr Bezos had led since its inception as an online bookstore in 1994, rose nearly 5%, and its market value jumped over $ 1.8 billion. Dollar. Sir. Jassy’s undoubted managerial virtues were probably not the cause. The most likely reason is the Pentagon̵
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This article appeared in the Business section of the print edition under the heading “The Jassy age”