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Adobe Gets Into Video Advertising With Autitude

Adobe has acquired Autitude,  a privately owned video advertising platform for content owners and publishers. The size of the deal was not disclosed.

Adobe plans to integrate Auditude with the Adobe Digital Marketing Suite, which consists of integrated analytics and optimization products. This acquisition now enables Adobe to offer end-to-end video offerings from publishing to monetization.

David Wadhwani (Senior vice president and general manager, Digital Media Business Unit, Adobe): Premium video publishers want to… by providing viewers with great media experiences and maximizing the value of their content on every IP device.

Just in

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.