tech:

taffy

Patti Hart To Not Seek Re-Election To Yahoo Board

[Techtaffy Newsdesk]

Patti Hart has decided not to seek re-election to the Yahoo board at the upcoming 2012 annual meeting of Yahoo shareholders, says the company. Ms. Hart, the chief executive officer of International Game Technology, informed the Yahoo board that the IGT board requested that she not seek reelection as a Yahoo director.

Ms. Hart was chair of Yahoo’s nominating and corporate governance committees, and instrumental in the search of its new CEO.

Following the completion of Ms. Hart’s term at the annual meeting, the board will comprise nine directors.

You may also want to read:

Chairman, Three Members Quit Yahoo Board

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.