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Edgio promotes Todd Hinders to chief executive officer

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Mumbai: Edgio Inc, the platform for speed, security, and simplicity at the edge, announced that Todd Hinders has been promoted to the position of CEO, effective immediately. Hinders has also joined the company’s board of directors. Hinders takes over from Bob Lyons, who has resigned from his role as president and CEO and as a member of the board of directors.

Hinders has served as the company’s chief revenue officer since May 2023. He has a 25-year track record of success, building cloud, security, edge, and media platform businesses in both start-up environments and high growth hyperscalers. He has led global sales and customer growth for AWS Elemental, an amazon web services company, and overseeing go-to-market activities for AWS elemental media services, CloudFront, Twitch Interactive video service, and Edge security products. Prior to his time at AWS Elemental, Todd held numerous leadership roles at Cisco systems, Maven networks, Encoding.com/ Loudeye and other leading technology firms where he has demonstrated his strategic, go-to-market and business capability.

Edgio chairman of the board Kenneth Traub said, “On behalf of the Board, I would like to thank Bob and wish him well in his future endeavors now is the right time for new leadership that will infuse Edgio with the discipline and energy needed to capitalize on the opportunity Edgio has in the marketplace. While Edgio had a challenging year in 2023, we are excited to start 2024 under Todd’s leadership. Todd brings both continuity and new passion to help the company achieve its potential. He and the entire executive leadership team of Edgio have the full support of the Board.”

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Edgio CEO Todd Hinders said, “I’m thrilled to be leading Edgio at this exciting time for the company, Edgio is on a transformative journey. We’re diligently optimising our global edge-network, expanding our customer base, particularly in high-margin streaming and application businesses and reducing operating expenses. We have also been adding world-class talent to our team and strengthening our balance sheet. Together with our new board of directors, the executive team, our dedicated employees, and valued customers and partners, we intend to build a world-class company, relentlessly delivering on customer success and maximizing shareholder value.”

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Hyundai and TVS Motor partner to develop electric three wheelers

Joint development pact targets last mile mobility with localisation push

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MUMBAI: Three wheels, one big ambition and a charge towards the future. Hyundai Motor Company and TVS Motor Company have signed a joint development agreement to co-create electric three-wheelers (E3Ws), aiming to crack India’s complex last-mile mobility puzzle. The collaboration moves beyond concept talk into execution mode, building on the E3W prototype first showcased at the Bharat Mobility Global Expo 2025. The goal now is clear, design, develop and commercialise a purpose-built vehicle tailored to Indian roads, riders and realities.

Under the agreement, Hyundai will lead design and co-development, bringing its global R&D muscle and human-centric engineering approach to the table. TVS Motor, meanwhile, will anchor the product on its electric platform, leveraging deep three-wheeler expertise and local market insight. It will also handle manufacturing and sales in India, with an eye on exports down the line.

The timing is strategic. India remains the world’s largest three-wheeler market, where affordability, durability and adaptability often outweigh sheer innovation. The upcoming E3W aims to strike that balance combining advanced technology with practical features such as adaptive ground clearance for monsoon-hit roads, improved thermal management for tropical climates, and flexible interiors suited for passengers, cargo or emergency use.

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A key pillar of the partnership is localisation. Major components will be sourced and manufactured within India, a move expected to strengthen the domestic supply chain, create jobs, lower costs and improve after-sales support.

The shift from prototype to production will involve rigorous testing, certification and refinement to meet regulatory standards and consumer expectations. Dedicated cross-functional teams from both companies are already in place to accelerate timelines.

At a broader level, the tie-up reflects a growing trend in mobility, global players partnering with local specialists to navigate emerging markets. For Hyundai and TVS, the bet is that combining scale with street-level insight could unlock a new chapter in sustainable urban transport, one that runs not just on electricity, but on relevance.

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