TechTaffy

tech:

taffy

Groupon Buys Social Gifting Site Plumfare

By TechTaffy Desk

plumfare

Groupon has acquired social gifting site Plumfare for an undisclosed sum.

“Plumfare set out to make it easy to find the best local gifts and experiences and we’re looking forward to continuing that mission at our new home,” said Plumfare in their corporate website. 

All its existing gifts can still be redeemed, and Plumfare says it is adding new gifts in time for the holiday season.

VentureBeat’s Christina Parr first reported the acquisition.

[Image courtesy: Plumfare]

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.