Amazon named world's smartest company of 2016
Jeff Bezos-led online retail giant Amazon has topped MIT's annual list of the world's smartest companies of 2016 for combining innovative technology with an effective business model. Chinese web services company Baidu and the world’s largest DNA-sequencing company Illumina have been ranked second and third respectively. The list also includes Tesla Motors, Alphabet, Facebook, SpaceX and Snapchat.