TechTaffy

tech:

taffy

Electronic Arts CEO Stepping Down

By TechTaffy Desk

ea_john_riccitiello

Electronic Arts (EA) CEO John Riccitiello is stepping down as CEO and as a member of the board. The EA board has appointed Larry Probst as executive chairman to lead EA’s executive team while the company searches for a new CEO.  

Mr. Probst has played a leadership role at EA since 1991. In addition to serving as chairman of the board since 1994, he previously served as the company’s CEO from 1991 to 2007, before passing on the mantle to Mr. Riccitiello.

[Image: John Riccitiello / Courtesy: EA]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.