tech:

taffy

Yahoo NYC Moving Into New York Times Building

yahoo_nyt_office

The New York City-based Yahoo team will move into a four-story space just around the corner from Times Square, and take over a portion of the building in Manhattan, which was home to the New York Times for nine decades.

The company says it will be growing its Yahoo NYC family by up to 60 percent, with a special focus on expanding its engineering team.

Currently the Yahoo NYC team works in three different locations. The company expects to move its team into the new space by December of this year.

Monday is a big day for Yahoo. The company announced a $1.1 billion acquisition of blogging platform Tumblr, and bumped its free storage space to 1TB for Flickr users. You can read about the announcements here:

 

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.