. >> narrator: a.w.s. became by far the world's leading cloud-computing platform. >> on cbs. >> narratorge their data. >> narrator: bezos had again anticipated the next frontier in technology, and had made himself indispensable to it. >> what jeff bezos is after is really creating a company that is the infrastructure, that owns the infrastructure for how commerce is done. and that's an incredibly powerful place to be. ♪ ♪ >> please welcome chief executive officer of amazon web services andy jassy. >> narrator: andy jassy created and runs a.w.s. he credits the service with making it easier to do business and sparking innovation throughout the economy. >> look at what a.w.s. has enabled with regard to change in our society. look at, netflix changed the way that we consume digital content, and airbnb changed the way that we get accommodations, and hola and grab and lyft and uber changed the way that we get transportation. a.w.s. has enabled, has been a part of enabling all these huge innovations and changes in consumer experiences that have, have made life better for people. >> and we're th

can you speak to these damning gauge mean opportunities that this a.w.s. team has provided nasa wig, and can you specifically talk about nasa's k-12 engagement? >> so we have had a very active and vigorous sin program from the very beginning of j.w. s t. we you can see from the engagement we of the public. as if iconic image of somebody standing in times square taking a picture of aj eshchi image as it comes up on the display. so we are heavily invested in every stage of time education. and the great thing about astronomy and astrophysics is, it is a very accessible science for all ages. so it is really good for bringing in young people into stem careers, and getting them engaged. we also, at nasa, have a very vigorous education support program. and i would be happy to get you more information on that. >> great. >> while much of the mission of jwst is to examine what is beyond our solar system, we were amazed by the clearest image of jupiter that we have ever taken. can you describe with jwst observation of jupiter, what it has taught us and about our own

are they do share a common environment, the a.w.s. is still. >> ken ftx dot u.s., or, e users, could they trade with ftt? >> on their particular exchange, which is the ftx.us exchange, yes. >> can you describe how ftt collapse in value has affected ftx's.us silo and affected u.s. customers, residents, in their ability to recover their funds? >> we don't have a full accounting of what crypto assets are within each silo to backup those customer accounts. we need to accumulate the full value of the collateral, and then will obviously look at what type of crypto is there, and that will be an exercise we will have to go through. >> can you explain this whole thing around ftx's reliance on digital tokens that they control -- that's something that i think we dig deeper into. >> i have seen stories about that and i've read quite a bit about it. we have not done a full investigation into what was going on in the marketplace relative to the various tokens. i know that's of particular interest to the regulatory community. some of this may have p

it is the a.w.s. system. which is an acronym for amazon web services. it is all housed >> i don't know the basis for his comment. he owns 90% of alameda. >> you see no distinction in governance between the two? >> absolutely not. there is no distinction. the owners of the company could run free reign across all four silos. >> thank you for your testimony. >> the gentlewoman from new york, mrs. velasquez, off of the -- also the chair of the house committee on small business, is recognized for five minutes. simple velasquez -- rep. velasquez: good morning, mister ray. you have had a long career working on several high profile bankruptcies, most notably the enron debacle. mr. ray, you were recently quoted in the new york times as saying you have never seen such a complete failure of corporate control, and the level of dysfunction was the worst you have ever seen. can you expand on this statement and what you have seen since taking over as ceo to make such a remark? mr. ray: that comment went to really one thing we found, which is that every case is differe