tech:

taffy

Rackspace Names Chief Marketing Officer

[Techtaffy Newsdesk]

Rackspace Hosting has appointed Suaad Sait as Chief Marketing Officer. In the newly created role, Mr. Sait will oversee global marketing.

Prior to joining Rackspace, Mr. Sait, 44, was founder and CEO of Reachforce, a venture-backed B2B marketing-data services startup, which he continues to serve as chairman of the board. Mr. Sait earned his BS in electrical and computer engineering from State University of New York at Buffalo, and his MS in Business Administration from the University of Rochester.

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.