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AiDash raises $6M

AiDash, a San Francisco Bay Area-based satellite analytics company, has raised $6 million in a Series A funding round led by Benhamou Global Ventures (BGV) and National Grid Partners (NGP).

AiDash enables satellite-powered operations and maintenance for utility, energy, and other core industries with geographically distributed assets, according to the company.

AiDash is already working with Fortune 500 utilities in the United States, and is set to expand its operations in Europe, Australia and Asia; the company said in a statement.

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.