tech:

taffy

Microsoft Employees Raise $100M For Nonprofits

[Techtaffy Newsdesk]

Microsoft employees raised $100.5 million (inclusive of the company match) for more than 18,000 U.S.-based community organizations doing work in the U.S. and around the world last year. With this milestone, Microsoft employees have now raised more than $946 million for nonprofits and community organizations since the company’s giving program started in 1983.

Each year, every full-time employee at Microsoft in the U.S. receives a $12,000 corporate matching gift that matches volunteer time ($17 per hour) or dollar-for-dollar charitable contributions to eligible nonprofits.

Brad Smith (Executive vice president, Legal and Corporate Affairs, Microsoft): Last year, Microsoft U.S. employees broke their annual giving record, raising more than $100 million for community organizations.

Since 1983, Microsoft and its employees have provided more than $5.55 billion in cash, services and software to nonprofits around the world through localized, company-sponsored giving and volunteer campaigns.

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.