TechTaffy

tech:

taffy

Tapjoy Hires Former Disney Interactive President AS CEO

By TechTaffy Desk

[Techtaffy Newsdesk]

Mobile and advertising platform Tapjoy has hired Steve Wadsworth, the former president of Disney Interactive Media Group and a current Tapjoy director,  as president and CEO. The company’s current president and CEO Mihir Shah has resigned. Mr. Wadsworth has served on the Tapjoy board since 2011.

Mr. Wadsworth spent 17 years at Disney, including more than 11 years as Disney’s chief Internet and digital media executive. Mr. Wadsworth served as president of Disney Interactive Media Group (DIMG), the interactive entertainment segment of the company till 2011. He is also a director and executive chairman at Slacker, and director of dwinQ, according to his LinkedIn profile.

Before joining  Disney in 1993, Mr. Wadsworth was a principal for the Windsor Park Group in Los Angeles, an investment, acquisition and consulting firm focused on the retail and consumer products industries.

Mr. Wadsworth holds a Bachelor of Science in engineering from the University of Virginia and a Master of Business Administration from the UCLA Graduate School of Management.

[Image courtesy: Tapjoy]

Just in

Series E

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.
Series A

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.
Industry

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.
Around the web

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. 
AI

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.