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China’s Fujian Rural Credit Selects IBM For Storage And Cloud Solutions

China’s Fujian Rural Credit (FJRC) has selected IBM for its storage infrastructure and cloud-based financial applications.

The new services include convenient service outlets, mobile service vehicles, and mobile banking. FJRC’s operation is built on an IBM Power Cloud business platform. With IBM Spectrum Virtualize, previously dispersed heterogeneous storage equipment is managed in one virtual pool.

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.