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City of Fremont, Calif., awards Trafficware traffic management technology contract

The City of Fremont, CA, has selected Trafficware’s central traffic management ATMS.now™ technology and will also add SynchroGreen adaptive signal technology on a 2.2-mile stretch of Fremont Boulevard.

The bid team was led by Trafficware’s exclusive distributor for northern California Western Pacific Signal (WPS) and replaces an older system. The new technology is scheduled to be deployed by late first quarter 2017.

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.