tech:

taffy

Naveen Krishna to join Macy’s as chief technology officer

Macy’s has appointed Naveen Krishna as chief technology officer. Most recently, Mr. Krishna was vice president of technology for Home Depot, where he was responsible for digital platforms, said the company in a statement.

Mr. Krishna will be responsible for driving the technology strategy and direction for Macy’s,  including all store, e-commerce and internal-facing technologies. He will report to Hal Lawton, president of Macy’s, and will be based in John’s Creek, GA.

Mr. Krishna holds a M.Sc. in Management from the Georgia Institute of Technology; M.Sc. in Mechanical Engineering from the University of Missouri; and a B.Sc. in Mechanical Engineering from Mysore University in India.

[Image courtesy: Macy’s]

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.