TechTaffy

tech:

taffy

HP Names Bill Veghte COO

By TechTaffy Desk

[Techtaffy Newsdesk]

HP has named Bill Veghte chief operating officer (COO). He will oversee HP’s corporate strategy. Mr. Veghte was executive vice president of the company’s Software business, a role that is now going to George Kadifa.

As COO, Mr. Veghte will be working across HP to drive innovation and customer satisfaction. He will be working closely with Ms. Whitman as well as his peers on HP’s executive council.

Mr. Kadifa, a 30-year veteran of the IT industry, will report to Meg Whitman, president and chief executive officer, HP, and will join the HP executive council. Mr. Kadifa joins HP from Silver Lake, a global technology investment firm with more than $14 billion of assets under management, where he most recently served as operating partner for the Value Creation Team. Prior to that, he held executive positions at both IBM and Corio.

 

 

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.