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Ranjit Babu , head of consumer electronics at Amazon India and former chief executive of its largest seller–Cloudtail, has resigned, adding to the ongoing senior-level churn in the ecommerce marketplace, people said. Babu's resignation follows a restructuring in the company after the exit of its former India head Manish Tiwary recently. Babu has over the years emerged as one of the key executives at Amazon India, dabbling in various roles that oversaw top revenue-grossing categories. He has been associated with Amazon for more than a decade, including his stint at Cloudtail , which was key to the success of Amazon's India operations. “He has resigned and is moving on,” a person said. A spokesperson for Amazon did not comment on Babu’s departure. In December last year, Babu was given the additional role of taking over some of the responsibilities of senior executive Noor Patel, who had moved to Amazon US. In July this year, he was made head of consumer electronics, which includes smartphones–one of the biggest sales generators for the ecommerce firm. 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Other senior executives like Gaurav Arora and Suresh John have also left the company. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Tiwary’s departure–the most critical one–came at a time when industry executives and analysts indicated that Amazon India has further lost its grip on certain key markets and top categories in terms of market share gap with arch-rival Flipkart. The company is expected to launch its own quick commerce offering–codenamed Tez – by January, as reported by ET on November 25. Saurabh Srivastava, Harsh Goyal, Amit Nanda, Aastha Jain and Kishore Thota are among the senior executives in India currently reporting to Kumar and Amit Agarwal–SVP for emerging markets at Amazon. Nishanth Sardana is another prominent executive at Amazon India closely working on the quick commerce offering. Amazon Seller Services , the Indian marketplace entity, posted a 14% rise in operating revenue in the last financial year at Rs 25,406 crore. The company also narrowed its net loss by 28% during the year to Rs 3,469 crore. While revenue growth outpaced the 3% rise in FY23, it lagged growth rates seen during the pandemic period. Revenue grew by 32% and 49% in FY22 and FY21 respectively. Amazon Seller Services generates most of its revenue from third-party seller services, subscriptions including Amazon Prime, and other marketplace-related services such as advertising and marketing support to affiliates. It also earns royalty revenue from licensing digital content to related parties. Amazon Seller Services received a fund infusion of Rs 830 crore in FY24 from its parent company. An additional Rs 1,660 crore was infused in April FY25. Meanwhile, Amazon India’s other three units—logistics, payments, and wholesale—posted moderate revenue growth rates of about 7-11% in FY24, along with a slight reduction in losses.Lam Research Corporation Comments on Newly Announced Export Regulations
HUNTINGTON BEACH, Calif. , Nov. 21, 2024 /PRNewswire/ -- Beacon Healthcare Systems , is pleased to announce the appointment of Ayman Mohamed as its new Chief Technology Officer, effective November 18 , signaling a new direction in innovation and technology leadership. With over 20 years of senior leadership, strategic, and operational product management experience, Ayman brings a wealth of knowledge and expertise to the role. Ayman Mohamed is a seasoned technology leader with a proven track record of launching innovative products in new and existing markets, generating significant revenue streams, and creating profitable enterprises. His passion for building high-quality products and commitment to servant leadership have earned him a reputation for building trust and fostering collaborative, high-performing teams. Throughout his career, Ayman has demonstrated a deep understanding of software architecture and broad hands-on technical skills. He has successfully helped organizations succeed, with experience spanning startups and larger companies in the San Francisco Bay and Washington DC metro areas. In his new role at Beacon Healthcare Systems, Ayman will lead engineering and delivery teams, develop a product roadmap, and lead technology development, testing, and implementation efforts. "We are thrilled to have Ayman join Beacon Healthcare Systems at this pivotal time. Our vision is to harness cutting-edge technologies to enhance our products, implementations, and continue to give our clients the level of quality they expect," said Todd Petersen , CEO. Ayman Mohamed's previous roles include leadership positions at Amazon Web Services, American Well, Avizia, Intersections Inc, Zumetrics, Moasis Global, and Ultra Zoom Technologies. His strategic and operational skills, combined with his ability to thrive in dynamic environments and his bias for action, make him an invaluable asset to Beacon Healthcare Systems. About Beacon Healthcare Systems. Beacon Healthcare Systems streamlines the business of healthcare through reliable innovative SaaS technology delivered by industry experts. With a focus on appeals and grievances, compliance, and analytics, Beacon HCS is the first place health plans turn when looking for a trusted, experienced partner that can help them reduce costs, grow revenue, and achieve their strategic goals. Founded in 2011, Beacon HCS is a privately held California -based company. Visit our website at www.beaconhcs.com Media Contact: 9048744189 | Dkroog@ beacon@beaconhcs.com View original content to download multimedia: https://www.prnewswire.com/news-releases/beacon-healthcare-systems-expands-leadership-team-with-addition-of-ayman-mohamed-as-chief-technology-officer-302313686.html SOURCE Beacon Healthcare Systems Best trending stories from the week. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. You may occasionally receive promotions exclusive discounted subscription offers from the Roswell Daily Record. Feel free to cancel any time via the unsubscribe link in the newsletter you received. You can also control your newsletter options via your user dashboard by signing in.
HOUSTON (AP) — The Houston Texans made mistakes in every facet of the game Sunday against the Tennessee Titans to lose for the third time in four games. C.J. Stroud threw two interceptions, the defense gave up multiple big passing plays and Ka′imi Fairbairn missed a 28-yard field goal that would have tied it late in a 32-27 loss . “Just a disappointing loss for us,” coach DeMeco Ryans said. “We didn’t do anything well enough to win this game. Out of all the positives that we did have, there were way too many negatives, too many negative plays.” Jimmie Ward had a 65-yard interception return for a touchdown in the third quarter and the Texans tied a franchise record with eight sacks. Danielle Hunter led the group with a season-high three sacks and Will Anderson Jr. added two in his return after missing two games with an ankle injury. But the offense sputtered for most of the game as Joe Mixon was held to 22 yards on 14 carries. But Ryans refused to blame the offense for the loss. “Our offense did plenty," Ryans said. "They gave us enough points. On defense, we have to be able to stop them.” Chig Okonkwo grabbed a short pass and rumbled 70 yards for a touchdown to put the Titans (3-8) up 30-27 with 91⁄2 minutes remaining. Safety Eric Murray missed a tackle that would have stopped him near midfield. It was the last of three big passing plays the Titans had Sunday. Nick Westbrook-Ikhine got in front of the defense and was wide open for a 38-yard TD catch that made it 10-7 late in the first quarter. Calvin Ridley had a 63-yard reception that set up their next touchdown in the second. “It was just way too many negative plays,” Ryans said. “Defensively, unexplainable explosives for touchdowns. We didn’t play good across the board and that starts with me.” Despite this, the Texans (7-5) had a chance to tie it with less than two minutes remaining, but Fairbairn’s short field-goal attempt sailed wide left. He fell to the ground after the miss before getting up and slamming his helmet on the field. “The most frustrating part about it is out of all the bad things that happened, we still had a chance to finish the game,” Ryans said. “Everything that could go wrong, it went wrong. We still had a chance there to tie it up and finish the game, and we didn’t.” The Texans forced a three-and-out, but couldn’t move the ball after that and Harold Landry sacked Stroud in the end zone for a safety to make it 32-27 and allow Tennessee to snap a two-game skid. Stroud threw for 247 yards and two touchdowns, but his two interceptions Sunday give him five combined in the past three games. He now has more interceptions in 12 games this season (nine) than he had in 15 games as a rookie last season (five). “It’s no secret that I haven’t been playing well ... I’ve got to be harder on myself,” he said. “I’m not going to hold my head down. I know I can be a great player, but I’ve got to make better plays.” AP NFL: https://apnews.com/hub/nflStock market today: Rising tech stocks pull Wall Street to another record
HOUSTON , Dec. 2, 2024 /PRNewswire/ -- OptiSigns, a leader in digital signage software solutions, is thrilled to announce its participation as a Platinum Sponsor in this year's Digital Signage Experience (DSE) 2024, taking place this December in Las Vegas, Nevada . The highly anticipated event, a premier gathering for digital signage innovators, professionals, and enthusiasts, will provide the perfect stage for OptiSigns to unveil its latest advancements and engage with industry leaders. Visitors of DSE 2024 will have the opportunity to experience firsthand how OptiSigns' powerful and user-friendly platform is transforming how businesses communicate, engage, and inform their audiences. From dynamic content scheduling to seamless integrations and real-time updates, OptiSigns' solutions are designed to meet the needs of businesses across industries, including retail, hospitality, healthcare, and more. "At OptiSigns, we are passionate about empowering businesses with technology that engages audiences and drives results," said Head of Sales John Shelley. "We are excited to connect with industry professionals at DSE 2024, showcase our solutions, and demonstrate how digital signage can transform communication strategies." DSE 2024 will take place from December 9, 2024 , to December 10, 2024 , at the Las Vegas Convention Center in Las Vegas, Nevada , and promises to bring together key players and thought leaders in digital signage, offering a unique platform to explore the latest technologies and network with industry professionals. What to Expect from OptiSigns at DSE 2024: Live Demonstrations: Visitors of DSE can visit OptiSigns booth #3134 to explore the intuitive features of the OptiSigns platform and learn how it can simplify and enhance digital signage management. Using OptiSigns innovative technology like the Pro Player and Android Stick, visitors will be treated to LIVE Demos of unique OptiSigns features like Audience Intelligence, the OptiSync Data Management System, and the Lift and Learn Interactive Kiosk Experience. New Product Announcements: Stop by OptiSigns booth #3134 and be the first to see the newest innovative Pro Max technology designed by OptiSigns and learn more about unique updates that will redefine the digital signage landscape. Our newest Pro Max technology is our most powerful digital signage player that supports 8K or 4x4K video walls. With OptiSigns experts onsite, visitors will have the opportunity to discuss trends, best practices, and strategies for maximizing the impact of digital signage. Exclusive Giveaways and Promotions: Attendees visiting OptiSigns booth #3134 will have access to special offers, giveaways, and prizes. This year, OptiSigns will unleash their interactive Opti Claw Machine, tantalizing visitors with a chance to win OptiSigns Android Sticks, Pro Players, Optibot Keychains, and more. One lucky winner will win a brand new PS5 Pro via a LinkedIn competition, and the winner will be announced LIVE at DSE! For more information on the PS5 giveaway, check out OptiSigns' LinkedIn page. About OptiSigns OptiSigns is a leading digital signage software provider dedicated to helping businesses create engaging, impactful content experiences. Focusing on simplicity, scalability, and innovation, OptiSigns empowers organizations to communicate their message effectively and captivate their audience through digital displays. For more information on OptiSigns, visit www.optisigns.com or follow us on all social media @OptiSignsInc. Media Contact: Aisha Albritton Director of Trade Show Strategy and Event Marketing Aisha.Albritton@OptiSigns.com | (404) 641-0613 View original content to download multimedia: https://www.prnewswire.com/news-releases/optisigns-to-showcase-cutting-edge-digital-signage-solutions-at-the-digital-signage-experience-2024-in-las-vegas-302320107.html SOURCE OptiSigns
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