tech:

taffy

Bret Taylor to step down as Salesforce vice chair and co-CEO

Bret Taylor will step down as vice chair and co-CEO of Salesforce, effective January 31, 2023. At that point, Marc Benioff will be chair and CEO of the company, Salesforce announced on Wednesday.

“After a lot of reflection, I’ve decided to return to my entrepreneurial roots,” Mr. Taylor said in a statement announcing his departure.

[Image courtesy: Salesforce]

Just in

Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.  

Mesh raises $22M

San Francisco, CA-based Mesh, a company working on simplifying digital asset transfers, crypto payments, and account aggregation, has raised $22 million in a Series A funding round.

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.