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Google Awards Kiva $3M Global Impact Award

kivaGoogle has awarded Kiva a $3 million Global Impact Award. Kiva says it will use the award money to launch Kiva Labs, a new initiative that will deliver crowdfunded loans in the agriculture, clean energy, mobile information, and other transformative technologies space.

Over the next three years, Kiva Labs aims to generate $25 million in crowdfunded loans .

[Image courtesy: Kiva]

Just in

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.