TechTaffy

tech:

taffy

Twitter Appoints Marjorie Scardino Board Member

By TechTaffy Desk

marjorie_scardino_twitterTwitter has elected Marjorie Scardino as a member of the board. Ms. Scardino will serve in the class of directors whose term expires at the annual meeting of stockholders to be held in 2014.  Ms. Scardino was also appointed as a member of the audit committee.

Ms. Scardino will replace David Rosenblatt on the Audit Committee, who will continue to serve on the compensation committee, and the nominating and corporate governance committee of the Twitter board.

In connection with her election to the Board, Ms. Scardino was granted a restricted stock unit award on December 4, 2013 covering 4,018 shares of the company’s common stock. The restricted stock unit award will vest quarterly over one year, subject to continued service on the board.

Ms. Scardino, age 66, served as CEO and as a member of the board of directors of  publishing and education company Pearson, from 1997 to 2012. From 1985 to 1997, Ms. Scardino served in several roles at the Economist Group, including as CEO. Ms. Scardino served on the board of directors of Nokia from 2001 to April 2013. She holds a B.A. in Psychology from Baylor University and a J.D. from the University of San Francisco School of Law.

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.