tech:

taffy

Intuit announces leadership succession plans

Intuit  CEO, president and board chairman Brad Smith is stepping down as chief executive at the end of December 2018, the company said in a statement. Mr. Smith will remain with Intuit and become executive chairman of Intuit’s board.

The board has appointed Sasan Goodarzi, currently executive vice president and general manager of Intuit’s Small Business and Self-Employed Group, to succeed Mr. Smith. Mr. Goodarzi will also be joining Intuit’s board at that time as well, says the company. Mr. Gadarzi is currently a member of the board at Atlassian as well.

Intuit chief technology officer Tayloe Stansbury will also step down Jan. 1, 2019, says Intuit. Senior vice president and chief product development officer for Intuit’s Small Business and Self-Employed Group, Marianna Tessel, will succeed Mr. Stansbury as Intuit’s CTO.

[Image courtesy: Intuit]

Just in

Apple sued in a landmark iPhone monopoly lawsuit — CNN

The US Justice Department and more than a dozen states filed a blockbuster antitrust lawsuit against Apple on Thursday, accusing the giant company of illegally monopolizing the smartphone market, writes Brian Fung, Hannah Rabinowitz and Evan Perez.

Google is bringing satellite messaging to Android 15 — The Verge

Google’s second developer preview for Android 15 has arrived, bringing long-awaited support for satellite connectivity alongside several improvements to contactless payments, multi-language recognition, volume consistency, and interaction with PDFs via apps, writes Jess Weatherbed. 

Reddit CEO Steve Huffman is paid more than the heads of Meta, Pinterest, and Snap — combined — QZ

Reddit co-founder and CEO Steve Huffman has been blasted by Redditors and in media reports over his recently-revealed, super-sized pay package of $193 million in 2023, writes Laura Bratton. 

British AI pioneer Mustafa Suleyman joins Microsoft — BBC

Microsoft has announced British Artificial Intelligence pioneer Mustafa Suleyman will lead its newly-formed division, Microsoft AI, according to the BBC report. 

UnitedHealth Group has paid more than $2 billion to providers following cyberattack — CNBC

UnitedHealth Group said Monday that it’s paid out more than $2 billion to help health-care providers who have been affected by the cyberattack on subsidiary Change Healthcare, writes Ashley Capoot.