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What do Ajay Banga, Vivek Ranadive and Vishal Sikka have in common?

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SAN FRANCISCO (Diya TV) — Hillary Clinton, the presumptive Democratic nominee for November’s presidential election, is miles ahead of Republican candidate Donald Trump in terms of donors when it comes to the country’s Indian-American technology leaders, entrepreneurs, and executives.

Vivek Ranadive; Infosys CEO Vishal Sikka; MasterCard CEO Ajay Banga; and Padmasree Warrior, CEO of U.S. for NextEV have all made donations to the Clinton campaign. None have pledged a single cent to Trump. The only other presidential candidate to receive a donation from an Indian-American executive was Sen. Marco Rubio, who received $2,700 from Bharat Desai, co-founder and chairman of Syntel, before dropping out of the race. Desai is a Florida resident.

In total, candidates, the Democratic Congressional Campaign Committee and various other PACs have received $111,075 from Indian-American donors.

Here is a complete list of donors:

Ajay Banga: The MasterCard CEO, who was the recipient of the Padmi Shri in 2016 from the government of India, has donated $5,400 each to Senators Rob Portman and Chuck Schumer, and $2,700 to Clinton.

Bharat Desai: The Syntel Inc. founder’s sole campaign donation was to the presidential campaign of Sen. Marco Rubio, to whom he gave the maximum $2,700.

Rajiv Gupta: The Delphi executive donated $2,700 to the campaign of Barve and $5,000 to the Tyco International PAC. The former GM at Hewlett Packard sits on the board of Tyco.

Vinod Khosla: In addition to his $19,000 donation to the Democratic Congressional Campaign Committee, the Sun Microsystems co-founder has given $5,400 to Rep. Ron Wyden and $2,700 to Rep. Jerry McNerney.

Thomas Kurian: The Oracle executive gave $5,000 to the congressional campaign of Ro Khanna — ostensibly $2,700 for the primary and $2,300 for the general election campaign. Among the top 25 highest paid men in 2010, Kurian was also the 5th highest-paid tech executive in the same year. Kurian is the President of Product Development at Oracle Corporation.

Shantanu Narayen: The Adobe CEO gave $1,500 to Democrat Zoe Lofgren. In 2011, US President Barack Obama appointed him as a member of his Management Advisory Board.

Indra Nooyi: The PepsiCo CEO gave eight donations of $192 to PepsiCo Inc’s PAC totaling $1,536. The only other campaign money she gave was a $1,500 donation to Kathleen Matthews, the wife of broadcaster Chris Matthews who ran against Barve in Maryland. Ranked among the top 100 most powerful women the world, Nooyi has a net worth of nearly $150 million.

Sundar Pichai: The Google CEO has given $5,400 each to Ro Khanna and Sen. Chuck Schumer and $2,700 John Thune. The billionaire was formerly the Product Chief at Google, however, Pichai later became the CEO.

Vivek Ranadive: The Sacramento Kings owner has given $2,700 to Clinton—the maximum he can donate during the primary. As the founder and former CEO of TIBCO, Ranadive has amassed a net worth of $700 million.

Kanwal Rekhi: The Inventus Capital founder has donated money to congressional candidates Raja Krishnamoorthi ($5,400), Kumar Barve ($2,700), Ro Khanna ($5,400), Ami Bera ($5,400), and Tulsi Gabbard. The Venture capitalist angel investor also spreads his welath around the community — he has donated a combined $8 million to Michigan Tech and IIT Bombay.

Kavitark Shriram: The Sherpalo Ventures founder has given $5,400 to Ro Khanna. Shriram was one of the first investors of Google and at one point owned 3.4 million shares of the company’s stock.

Romesh Wadhwani: The tech titan has given money to three congressional candidates: Bera ($2,700), Krishnamoorthi ($2,700) and Khanna ($5,400). Wadhwani is Executive Chairman of Symphony Teleca Corporation, MSC Software Inc., Symphony Health Solutions Inc. and Shopzilla Inc.

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Former MGM executive Roma Khanna named Revolt TV’s next CEO

Former MGM executive Roma Khanna named Revolt TV’s next CEO

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Roma Khanna

Sean Combs Announces Roma Khanna CEO of Revolt TV

LOS ANGELES (Diya TV) — Sean Combs has announced Roma Khanna the CEO of Revolt TV.

“As Revolt continues to grow as a brand and expand globally, I knew we needed a seasoned executive with a proven track record to keep the momentum going and help me lead the network into the future,” said Combs. “Roma is that person. She has the experience and tenacity to build on Revolt’s success and as we continue to influence content and culture around the world.”

“After decades of building large-scale businesses in TV and media, I am excited to have the opportunity to work alongside visionary Sean Combs to get hands-on and redefine content models with a view to building a modern, relevant, global cultural brand,” said Khanna. “Revolt is ready to create and curate content and super-serve its audience on its own TV platform and beyond, living and breathing with its audience wherever they might be.”

Revolt says the company’s mission is to build on its platform to offer long- and short-form content revolving around hip-hop music and culture. According to Revolt’s website, “REVOLT is focused on expertly curating the best of the best in music and engaging youth in social conversation – on-air, on-line, on-demand. The multi-genre, multi-platform network offers breaking music news, videos, artist interviews, exclusive performances, and original programming.”

Revolt claims to have over 50 million young adult consumers through television, digital properties, social and mobile. REVOLT is accessible 24/7 – anytime, anywhere, any screen.

Khanna left MGM, where she served as president, in late 2015. She helped launch FX’s “Fargo” and History’s “Vikings.” She spent three years as president of global networks for NBC Universal’s international networks wing. She also oversaw the development of Hulu hit “Handmaid’s Tale.”

Revolt had been without a CEO for a year, since Keith Clinkscales left the company last August. Revolt launched as a linear channel in the U.S. in October 2013 and has since expanded to Africa and the Caribbean.

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Indian American Physician Vas Narasimhan Named CEO of Novartis

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Vas Narasimhan

Indian American Physician Vas Narasimhan Named CEO of Novartis

WASHINGTON (Diya TV) — Switzerland-based biotech giant Novartis says Indian American physician Vas Narasimhan will take reins as CEO on Feb. 1.

The 41-year-old Narasimhan joined Novartis in 2005. He currently serves as the company’s Global Head of Drug Development and Chief Medical Officer. He is also a member of Novartis’ Executive Committee.

“Both from a professional and a personal perspective, this is the right moment to hand the leadership reins of the company to Vas,” said current Novartis CEO Joseph Jimenez. “Our strong pipeline and the strategic moves we have taken to focus the company have put Novartis on a strong path for the future. On the personal side, after 10 wonderful years in Switzerland, my family is ready to return to Silicon Valley and the U.S. I’m confident that Vas will be an excellent successor.”

Joerg Reinhardt, chairman of the Novartis board of directors, said the company anticipates “a smooth transition, as Joe built a strong leadership team and mentored his successor.”

Narasimhan graduated from Harvard Medical School. He also has a master’s in public policy from the university’s John F. Kennedy School of Government. He earned undergraduate degree in biological sciences from the University of Chicago.

Prior to joining Novartis, he worked at McKinsey & Company, first as a consultant and then as an engagement manager.

An elected member of the U.S. National Academy of Medicine, Narasimhan has held a number of positions at Novartis.

Reinhardt expressed confidence in Narasimhan’s ability to lead the company to “expected next growth phase … The strength of Novartis is our ability to drive science-based innovation. Vas is deeply anchored in medical science, has significant experience in managing the interfaces between Research and Development and commercial units and has strong business acumen with a track record of outstanding achievements. As a physician, he has a strong patient focus and a genuine humane perspective and care for the mission and values of Novartis. As a result, the Board of Directors is confident that Vas is the right choice to lead Novartis on our expected next growth phase, driving innovation and further strengthening our competitive position.”

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Former Facebook executive Chamath Palihapitiya to raise $500M for a large fund

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Chamath Palihapitiya, a former Facebook executive and a minority owner of the Golden State Warriors is attempting to raise $500 million as he builds a large investment firm.

WASHINGTON (Diya TV) — Chamath Palihapitiya, a former Facebook executive and a minority owner of the Golden State Warriors is attempting to raise $500 million as he builds a large investment firm.

According to a filing with the Securities and Exchange Commission, Palihapitiya is listed as CEO of “blank check company,” Social Capital Hedosophia Holdings. The company plans to raise $500 million in its IPO and subsequently acquire emerging private businesses that have little incentive to go public.

“Our mission is to create an alternative path to a traditional IPO for disruptive and agile technology companies to achieve their long-term objectives and overcome key deterrents to becoming public,” the filing said.

Palihapitiya has often condemned the traditional venture model and expressed his admiration for billionaire Warren Buffett, who erected Berkshire Hathaway into one of the World’s largest publicly-traded holding companies over a half century.

Social Capital is going to be more like a “bastard stepchild of Berkshire Hathaway and Blackstone and BlackRock” than a traditional venture firm, Palihapitiya said at an event in 2015.

One of Palihapitiya’s goals in the venture is bringing together “technologists, entrepreneurs, and technology-oriented investors,” the filing said.

The Wall Street Journal reported Palihapitiya’s team is planning to meet with investors soon, then initiating the IPO shortly thereafter on the New York Stock Exchange.

Hedosophia has offices in Hong Kong and London. Ian Osborne, CEO of Hedosophia, will be president of the new holding company. Former Skype CEO Tony Bates and former Twitter executive Adam Bain are among the Board members.

Palihapitiya spoke to Diya TV moments after the Warriors championship win in 2017

 

 

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