TechTaffy

tech:

taffy

Yahoo Chairman Resigns

By TechTaffy Desk

yahoo

Yahoo chairman Fred Amoroso has decided not to seek reelection to the board of directors, says Yahoo. Mr. Amoroso will continue to serve on the board through the shareholders meeting on June 25, but has resigned as chairman. The board has appointed Maynard Webb, Jr. to serve as interim chairman.

Following the completion of Mr. Amoroso’s term at the annual meeting, the board will comprise 10 members.

Mr. Amoroso led the special committee set up at Yahoo to investigate the company’s former CEO Scott Thompson’s college degree. Mr. Amoroso was formerly president and CEO and a director of Rovi. 

Just in

Fundings

Wiz raises $1B

Cloud security company Wiz has raised $1 billion in a funding round.
Fundings

Augment raises $227M 

Palo Alto, Calif.-based Augment, an AI coding assistance startup, has emerged from stealth with the announcement of a $227 million Series B funding round.
Fundings

Dropzone AI raises $16.85M

Dropzone AI, a company that delivers pre-trained autonomous AI analysts that work alongside human analysts on security operations teams, has raised $16.85 million in a Series A funding round.
IT

Akamai to acquire Noname Security for $450M

Akamai Technologies has entered into an agreement to acquire San Jose, California-based, privately-funded API security company Noname Security, for approximately $450 million.
AI

Ukraine unveils AI-generated foreign ministry spokesperson — The Guardian

Victoria Shi is modelled on Rosalie Nombre, a singer and former contestant on Ukraine’s version of the reality show The Bachelor, according to the report on The Guardian.