tech:

taffy

Bessemer Venture Partners promotes Michael Segal to vice president

Bessemer Venture Partners (BVP) has promoted Michael Segal to vice president. In his new role, Mr. Segal will continue to work with partner Ethan Kurzweil on early-stage startups in areas like developer platforms, consumer internet, and e-commerce.

Mr. Segal joined BVP’s New York office in 2009. Two years later, he took a break from the investment world to become a startup founder and product manager. Most recently, he was founder and CEO of Skylight, a consumer IoT platform. He re-joined BVP in 2015 in the San Francisco office.

Mr. Segal holds an MBA with Distinction from Harvard Business School, and a BA degree, summa cum laude, in Biochemical Sciences from Harvard College.

[Image courtesy: BVP]

Just in

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.

U.S. bans noncompete agreements for nearly all jobs — NPR

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu. 

The Coca-Cola Company commits $1.1B to Microsoft Cloud and AI partnership

The Coca-Cola Company and Microsoft announced a five-year partnership on Tuesday. As part of the collaboration, Coca-Cola has committed $1.1 billion to Microsoft Cloud and generative AI capabilities.