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American Express Gets Into License Agreement With Intellectual Ventures

Intellectual Ventures has entered into a license agreement with American Express. As part of the agreement, American Express has access to IV’s portfolio of intellectual property, which contains more than 35,000 IP assets in more than 50 technology areas, including metamaterials, epidemiological modeling, and health technologies.

Founded in 2000, Intellectual Ventures (IV) collaborates with inventors, and invests both expertise and capital in the process of invention, selling and licensing IP.

 

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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.