tech:

taffy

OpenText appoints Jürgen Tinggren to board

Enterprise Information Management software provider Open Text has appointed Jürgen Tinggren to its board of directors. Mr. Tinggren is the former chief executive officer of Schindler Group, a European based global industrial corporation with over 60,000 employees in more than 100 countries, and has over 30 years of international business experience, according to a statement from the company.

Previous to Schindler Group, Mr. Tinggren gained worked at Sika, based in Switzerland, Sweden and North America, as well as Booz Allen & Hamilton. He is currently a non-executive member of the board of directors of Johnson Controls International, where he also serves as chair of the audit committee. He received an M.B.A. from Stockholm School of Economics and New York University Business School.

[Image courtesy: OpenText]

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.