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Canadian HomeSav.com Raises $1.2 Million

HomeSav.com,  a luxury home decor  sale site has raised $1.2 million of funding from Canadian retail angel investors and entrepreneurs including the Koffler family, founders of Shopper’s Drug Mart, and the Metrick family, founders and owners of ELTE, a high end home furniture retailer in Canada, said http://www.homesav.com/press  HomeSav. Membership has grown by over 1400 per cent in the first year to over 100,000, added the company, and said that the financing will be used to further enhance member experience.

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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.