tech:

taffy

Zynga Marketing Chief Jeff Karp Departs

[Techtaffy Newsdesk]

Jeff Karp, chief marketing and Revenue officer of Zynga, resigned from his position on September 10, 2012. In a filing with the SEC, Zynga said that pursuant to a transition and separation agreement, Mr. Karp will continue to be employed by Zynga in a non-officer capacity, and will provide transition services through September 22, 2012.

Zynga will also pay Mr. Karp, as severance, an amount in cash equal to the equivalent of three months of his base salary in effect as of the separation date. Zynga will also pay Mr. Karp an amount in cash equal to three months of premium payments to extend his health insurance under COBRA, and  accelerate the vesting of 100,000 unvested Zynga Stock Units under Mr. Karp’s previous award. In connection with his resignation, Mr. Karp agreed to a standard general release of claims.

[Image Courtesy: Zynga]

 

Just in

Google to relaunch Gemini AI picture generator in a ‘few weeks’ following mounting criticism of inaccurate images — CNBC

Google plans to relaunch its image-generation AI tool in the next “few weeks,” according to Google DeepMind CEO Demis Hassabis, writes Hayden Field. 

Broadcom divests End-User Computing to KKR in $4B deal

Broadcom has agreed to sell its End-User Computing (EUC) division to investment firm KKR in a deal valued at $4 billion. This move will see the division, which focuses on digital workspace solutions, becoming an independent company following the sale's completion.

Myko AI raises $2.7M

Miami, Fl-based Myko, an AI platform provider focused on analyzing sales and revenue data, has secured $2.7 million in seed funding.

Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway — CNN

Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models, writes Clare Duffy and John Towfighi.