tech:

taffy

Facebook Names Sheryl Sandberg To Its Board

[Techtaffy Newsdesk]

Facebook has appointed Sheryl Sandberg, chief operating officer at the company, to its board of directors.

Ms. Sandberg oversees Facebook’s business operations including sales, marketing, business development, legal, human resources, public policy and communications.

Mark Zuckerberg (Founder and CEO, Facebook): Sheryl has been my partner in running Facebook and has been central to our growth and success over the years. Her understanding of our mission and long-term opportunity, and her experience both at Facebook and on public company boards makes her a natural fit for our board.

Prior to Facebook, Ms. Sandberg was vice president of Global Online Sales and Operations at Google, where she built and managed the online sales channels for advertising and publishing and operations for consumer products worldwide. She previously served as Chief of Staff for the United States Treasury Department under President Bill Clinton and began her career as an economist with the World Bank. She received B.A. and M.B.A degrees from Harvard University.

Ms. Sandberg also serves on the boards of The Walt Disney Company, Women for Women International, the Center for Global Development and V-Day.

Along with Ms. Sandberg, Facebook’s current board members are: Mark Zuckerberg; Marc Andreessen, Andreessen Horowitz; Erskine Bowles, president emeritus, University of North Carolina system; James Breyer, Accel Partners; Donald Graham, chairman and CEO, The Washington Post Company; Reed Hastings, chairman and CEO, Netflix; and Peter Thiel, Founders Fund.

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.