Tuesday, March 19, 2013

Vas Kodali Joins Wells Fargo to Lead Technology Industry Partnership Development

Industry Veteran Brings Decades of Business Strategy Experience

CHARLOTTE, N.C. - -Wells Fargo & Company (NYSE: WFC) announced the appointment of Vas Kodali to the role of senior vice president to lead Technology Industry Partnership Development. In this role, Kodali will be responsible for driving relationships with IT industry leaders, universities, venture capitalists, private equity firms, and portfolio companies. His work to expand these relationships will help drive innovation, business development and future technology solutions for Wells Fargo.

Prior to joining Wells Fargo, Kodali held several senior executive positions in strategy, innovation, and risk at Bank of America Merrill Lynch, primarily working in the Global Banking and Markets lines of businesses. He most recently led a strategic initiative to drive top-line growth, productivity, and capital optimization across the FICC sales and trading businesses. Previously, he was a partner at A.T. Kearney, a global management consulting firm. He started his career at IBM designing expert systems.

“Technology partnerships are a critical part of our strategy,” said Martin Davis, executive vice president and head of Enterprise Technology Services, Technology and Operations, Wells Fargo. “We are fortunate to add Vas with his expertise and experience to further foster industry relationships for the company.”

Kodali earned a Bachelor of Science degree in Electrical Engineering from Michigan State University, a Master of Science in Electrical Engineering from Stanford University, and an M.B.A. from UCLA.

Badminton: Picture perfect day for Plainfield East’s Tatineni

Chicago, IL: It was a clean sweep in every aspect for Lakshmi Tatineni.

The Plainfield East senior won all seven of her matches at the Joliet Central Birds of Steel Tournament on Saturday to capture the No. 1 Singles crown for the third consecutive year.
Tatineni, considered one of the top players in the state, also won the JV tournament as a freshman.
“It was really nerve-racking this morning because I won it so many times,” Tatineni said. “But after the first game, I started getting back into it, calming down.”
Tatineni won all of her matches in two sets and topped Metea Valley’s Michelle Wang (6-1 on the day) 22-20, 21-19 in a back-and-forth unofficial championship match that coincidentally found itself as the pair’s last match of the day.
“She was really good, but I was kind of stubborn,” Tatineni said. “I just kept saying, ‘finish this, no third game’, because I’m exhausted.”

Monday, March 11, 2013

Nuthalapati Venkata Ramana: New acting chief justice for Andhra Pradesh high court

Known as a person who took the initiative to take the judiciary closer to the people through his initiatives like encouraging use of Telugu and technology in the state's justice dispensation system, Justice Nuthalapati Venkata Ramana of the AP high court will start functioning as acting chief justice of the high court from Monday. The centre notified that his appointment would come into force from Sunday itself.

Justice Ramana was born on August 27, 1957 at Ponnavaram village in Krishna district and obtained his degree in law from Nagarjuna University in 1982. He has displayed a keen interest in implementing Telugu in the justice administration system.

Saturday, March 9, 2013

Sr NTR, Sridevi selected as greatest Indian Actors of all time

Proud to be a Kamma

Late Telugu actor and former Chief Minister Nandamuri Taraka Rama Rao (NTR) has been named the greatest Indian actor of all time, while Sridevi was voted the best actress, in a CNN-IBN Poll survey conducted in celebration of 100 years of Indian cinema.
NTR garnered 53 percent of total votes, while actor-filmmaker Kamal Haasan amassed 44 percent of rest of the votes. Southern actors Rajkumar and Mohanlal shared one percent votes each, and the rest of the actors got less than a percent of votes.

Bollywood diva Sridevi, who recently made a comeback with "English Vinglish", garnered 39 percent votes to be adjudged the best actress, while Madhuri Dixit and Savithri finished second and third respectively with 16 and 12 percent votes.

Saturday, March 2, 2013

Riverbed Appoints Satya Nadella to Board of Directors

President of Microsoft Corporation's Server and Tools Business Brings Successful Track Record of Building Technology Solutions in the Cloud Era

SAN FRANCISCO, CA - Riverbed Technology (NASDAQ: RVBD), the application performance company, today announced the appointment of Satya Nadella to its board of directors. Mr. Nadella currently serves as president of Microsoft Corporation's Server and Tools Business (STB), a $19 billion division that builds and runs the company's computing platforms, developer tools, and cloud services. Nadella's guidance on Riverbed's corporate vision and technology innovations will be extremely valuable as Riverbed continues on its mission to provide application performance solutions for a highly virtualized and mobile world.

"Satya brings tremendous cloud computing and infrastructure expertise, as well as valuable perspective that comes from more than 20 years of leadership experience at one of the world's most recognized technology companies," said Jerry M. Kennelly, chairman and CEO at Riverbed. "Satya's industry insights will be an asset for our board, and we look forward to collaborating with him as we enter into the next phase of our growth as a billion-dollar plus company."

A 21-year veteran of Microsoft, Nadella and the STB team are working to deliver the "Cloud OS" -- Microsoft's next generation back-end platform that spans private, public, and service cloud providers and runs at a global, multi-datacenter scale. Prior to STB, Nadella was senior vice president of R&D for the Online Services Division, which includes the Search (Bing), Portal (MSN), and Advertising platforms, where he was responsible for some of the largest cloud infrastructure in the world. Prior to the Online Services Division, Nadella led Microsoft Business Solutions (MBS), which develops and markets the Microsoft Dynamics line of ERP and CRM products. Before joining Microsoft, Nadella was a member of the technology staff at Sun Microsystems, Inc.

"Riverbed is at the intersection of major industry trends such as virtualization, cloud, software-defined networking and data centers, and mobility," said Nadella. "The company started a revolution with WAN optimization and then followed with strategic acquisitions and internal development that have made it the leader in delivering application performance solutions. I look forward to working with a successful and talented management team and contributing to the future growth and success of the company."

Forward Looking Statements
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include our ability to react to trends and challenges in our business and the markets in which we operate; our ability to anticipate market needs or develop new or enhanced products to meet those needs; the adoption rate of our products; our ability to establish and maintain successful relationships with our distribution partners; our ability to compete in our industry; fluctuations in demand, sales cycles and prices for our products and services; shortages or price fluctuations in our supply chain; our ability to protect our intellectual property rights; general political, economic and market conditions and events; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Riverbed's business are set forth in our Form 10-K filed with the SEC on February 19, 2013. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements. Any future product, feature or related specification that may be referenced in this release are for information purposes only and are not commitments to deliver any technology or enhancement. Riverbed reserves the right to modify future product plans at any time.