tech:

taffy

Microsoft acquires social learning platform Flipgrid

Microsoft has acquired social learning platform Flipgrid for an undisclosed sum. The platform that lets students create videos for learning, is going to be free for all educators after the acquisition. Additionally, Microsoft is providing a prorated refund to every educator who upgraded in the past year.

Flipgrid is used by millions of students, educators, and families in over 180 countries, according to the company.

Read the announcement by Flipgrid VP of Engagement Joey Taralson here: https://blog.flipgrid.com/news/bettertogether

Read a blog post by Eran Megiddo, CVP, Education of Microsoft here: https://educationblog.microsoft.com/2018/06/flipgrid-microsoft-education/

Watch a video by Microsoft CEO Satya Nadella on Flipgrid:

[Image/video courtesy: Microsoft]

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.