tech:

taffy

Yahoo Appoints Former Google VP To Board

Yahoo

[Techtaffy Newsdesk]

Yahoo has appointed former Googler Max Levchin to its board of directors. David Kenny and Brad Smith are stepping down from the Yahoo board in order to focus on their respective companies, says Yahoo. There are now 11 directors on the Yahoo board.

Marissa Mayer (CEO, Yahoo): Max is someone I’ve admired throughout my career for his phenomenal sense for great products and keen focus on user experiences. I’m confident that his strong product and technology expertise will be a tremendous asset to Yahoo as we work to transform the world’s daily habits.

Mr. Levchin is a computer scientist, serial entrepreneur and angel investor. His latest undertaking, HVF, is focused on solving big data problems. Prior to founding HVF, Mr. Levchin served as vice president of engineering at Google after its acquisition of Slide, an early developer of social applications which he founded and ran. Mr. Levchin incubated and was the first investor in Yelp. A graduate of the University of Illinois in Champaign -Urbana, he was one of the co-founders of PayPal as well as the company’s CTO, from founding through its acquisition by eBay.

Mr. Levchin also serves as chairman of the boards at Kaggle and Yelp and is a director at Evernote.
[Image courtesy: Yahoo]

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.