Care.com has introduced a spending account to help workers cover the cost of care. The new accounts, announced Wednesday (May 22), are designed to give employers a solution to support employees who need to pay for care for children, seniors, pets or themselves. “Conversations about the cost of...
Artificial intelligence (AI) startup Perplexity has added three new advisers. They include Emil Michael, former chief business officer at Uber; Rich Miner, co-founder of Android and adviser to Google; and Mikhail Parakhin, former CEO of Bing, according to a Thursday (May 16) post on LinkedIn by Perplexity Co-founder and CEO...
Instagram co-founder Mike Krieger has joined artificial intelligence (AI) startup Anthropic as its chief product officer. In his new role, Krieger will oversee the company’s product engineering, product management and product design efforts, Anthropic said in a Wednesday (May 15) press release. He joins the company at a time when it...
Citi has reportedly announced in an internal memo the departure of two executives, including one who implemented the bank’s recently completed restructuring. Titi Cole, who was the head of legacy franchises and executed Citi’s plan to sell consumer banking businesses in nine non-core markets, has left...
Amazon’s all-important cloud computing division has a new leader. Adam Selipsky, who has headed Amazon Web Services (AWS) since 2021, is stepping down from that position in June, Amazon CEO Andy Jassy said in a message to staff Tuesday (May 14). Taking his place will be Matt Garman, head...
French artificial intelligence firm Mistral AI has named a new general manager for the U.S. Appointed last month, Marjorie Janiewicz will be responsible for bolstering the company’s go-to-market presence in the U.S. and leading its American operations, Mistral said in a news release provided to PYMNTS Tuesday (May 14)....
Rocket Companies has hired Thomson Reuters veteran Shawn Malhotra as its first chief technology officer (CTO). In this newly created role, Malhotra will oversee the development and implementation of artificial intelligence (AI), data science, product engineering, technology operations, information security and other areas across the firm’s ecosystem, Rocket Companies said in a...
TerraPay has named former Western Union executive Hassan Chatlia to a new leadership role. Chatlia will serve as vice president, global head of network for TerraPay, the London-based money movement company announced in a Monday (May 6) news release. “With over 20 years of experience in cross-border payments, Hassan brings with...
Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that it is laying off 28 workers, or 13% of its non-call center staff. “The reduction in force is a component...
