TechTaffy

tech:

taffy

AT&T hires Brian Lesser to lead new advertising and analytics business

By TechTaffy Desk

AT&T has named Brian Lesser to build and lead an advertising and analytics business, using the company’s customer data and growing content assets. Mr. Lesser will be CEO of the business and report to AT&T chairman and CEO Randall Stephenson.

Mr. Lesser joins AT&T from media investment management organization GroupM, where he was CEO of North America. He has a bachelor’s degree in Political Science from University of Pennsylvania, and a MBA in Marketing from Columbia Business School.

AT&T’s acquisition of Time Warner is currently under review by the United States Department of Justice and competition authorities in certain foreign countries.

[Image courtesy: AT&T]

Just in

Series E

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.
Series A

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.
Industry

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.
Around the web

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. 
AI

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.