TechTaffy

tech:

taffy

Electronic Arts CEO Stepping Down

By TechTaffy Desk

ea_john_riccitiello

Electronic Arts (EA) CEO John Riccitiello is stepping down as CEO and as a member of the board. The EA board has appointed Larry Probst as executive chairman to lead EA’s executive team while the company searches for a new CEO.  

Mr. Probst has played a leadership role at EA since 1991. In addition to serving as chairman of the board since 1994, he previously served as the company’s CEO from 1991 to 2007, before passing on the mantle to Mr. Riccitiello.

[Image: John Riccitiello / Courtesy: EA]

Just in

IT

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.
AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.
Industry

Square expands offline payments globally

Payment processing company Square has announced the expansion of its offline payments feature to all hardware devices and countries.
Around the web

U.S. bans noncompete agreements for nearly all jobs — NPR

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu.