tech:

taffy

Lockerz CEO Joins Yahoo As Chief Marketing Officer

[Techtaffy Newsdesk]

Kathy Savitt is joining Yahoo as chief marketing officer, responsible for worldwide marketing and branding. Ms. Savitt will join the company on September 14 and will report directly to Yahoo CEO Marissa Mayer.

Kathy Savitt:  Yahoo is at an important and unique inflection point in its storied history.

Ms. Savitt is a consumer, retail and technology executive with experience in strategic product development and marketing. She was most recently founder and CEO of Lockerz, a social commerce company with more than 45 million unique users. Prior to founding Lockerz, Ms. Savitt was executive vice president and CMO of American Eagle Outfitters, where she led  brand efforts, store and multi-channel marketing for the company’s portfolio of brands. She has held senior leadership roles at Amazon.com and was president of MWW Savitt, where she consulted with Fortune 500 clients across the globe.

Ms. Savitt will continue as a member of the board at Lockerz. She will also be making an investment in the company as part of the transition.

[Image Courtesy: Yahoo]

You may also be interested in:

 

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.