TechTaffy

tech:

taffy

Forner Akamai President Joins The Weather Channel As Chairman & CEO

By TechTaffy Desk

[Techtaffy Newsdesk]

David Kenny has been selected to be chairman and chief executive officer of the Weather Channel Companies (TWCC).

David Kenny:  The Weather Channel has ubiquitous reach across our TV, digital and mobile platforms, and that’s what makes us so unique.

The consortium that owns The Weather Channel Companies, Bain Capital, The Blackstone Group, and NBC Universal, released the following statement:  “David brings a strong leadership background having served as chief executive at global companies across different aspects of the media industry. This experience gives him a deep understanding of the TV and digital business, and he has the leadership experience and vision to drive global initiatives across all platforms.  The Weather Channel Companies business is strong and on the right track, and with David leading a strong team, we are well positioned to seize the many good opportunities that lie ahead.”

Mr. Kenny succeeds Mike Kelly, who joined the company as President and CEO in 2009. Mr. Kelly will serve as a special adviser to the CEO and the Board of Directors of TWCC. He will also serve as an adviser to Bain Capital.

Mr. Kenny comes to TWCC after serving as president of Akamai.  Previously, he co-founded and served as managing partner of VivaKi, the combined worldwide media and digital arm of Publicis Groupe, and he was Chairman and Chief Executive Officer at Digitas. Mr. Kenny currently serves as member of the Board of Yahoo, and a director of Teach for America.

Just in

AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.
Industry

Square expands offline payments globally

Payment processing company Square has announced the expansion of its offline payments feature to all hardware devices and countries.
Around the web

U.S. bans noncompete agreements for nearly all jobs — NPR

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu. 
AI

The Coca-Cola Company commits $1.1B to Microsoft Cloud and AI partnership

The Coca-Cola Company and Microsoft announced a five-year partnership on Tuesday. As part of the collaboration, Coca-Cola has committed $1.1 billion to Microsoft Cloud and generative AI capabilities.