tech:

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China’s challenge is America’s opportunity — The New York Times

China is not an innovation also-ran that prospers mainly by copying other people’s ideas and producing them quickly at low cost. The country is advancing aggressively, Dr. L. Rafael Reif, president of the Massachusetts Institute of Technology, writes.

Here is the link: https://www.nytimes.com/2018/08/08/opinion/china-technology-trade-united-states.html

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.