tech:

taffy

Bedrocket Secures $15M Venture Funding

[Techtaffy Newsdesk]

Bedrocket Media Ventures has secured $15 million in funding from NEA. Bedrocket will use the proceeds to invest in the growth of the company, which creates original content distributed through emerging cross-platform networks and social engagement.

Bedrocket was founded in 2011 by CEO Brian Bedol, co-founder of Classic Sports Network and College Sports Television, in partnership with Ken Lerer, General Partner of Lerer Ventures and co-founder of The Huffington Post.  Based in New York City, Bedrocket has 30 full-time employees.

Bedrocket’s joint venture with Interlude.fm, BIM, is developing interactive video formats. Bedrocket also has strategic investments in  new media companies, including VHX, an independent distribution platform for filmmakers; and Full Screen, a digital media company powered by a network of YouTube channels.

Just in

Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren. 

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.