tech:

taffy

Meg Whitman joins NewTV as chief executive

Former Hewlett Packard Enterprise (HPE) CEO Meg Whitman is joining NewTV, a media platform incubated at WndrCo and founded by former Disney chairman Jeffrey Katzenberg; as the company’s new chief executive. Ms. Whitman will be headquartered in Los Angeles.

The company, tentatively named NewTV, expects to bring storytelling to mobile, in bite-sized formats of 10 minutes or less. Mr. Katzenberg will serve as chairman of the company.

Ms. Whitman served as president and CEO for HPE from 2011 through 2015, and continues to serve on the board of the company. She also served as president and CEO of eBay from 1998 to 2008. Ms. Whitman has also held executive-level positions at Procter and Gamble, Hasbro, Disney and Bain.

Ms. Whitman currently serves as a director for Dropbox, Procter & Gamble, Teach For America, and Nature Conservancy.

[Image courtesy: HPE]

Just in

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.

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.

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.

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. 

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.