tech:

taffy

Diane Greene to step down from Intuit board

Diane Greene will step down from the company’s board of directors after 11 years of service, said Intuit in a statement. She will continue serving on the Intuit board until the annual shareholder meeting in January, 2018. The board has nominated Thomas Szkutak to stand for election.

Ms. Greene is the CEO for Google’s cloud businesses, and also serves on the company’s board of directors. She was co-founder and the CEO of VMware from 1998 until 2008.

Mr. Szkutak was the former senior vice president and chief financial officer at Amazon from 2002 to 2015. He previously spent 20 years with General Electric.

[Image courtesy: Google]

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.