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Craig Electronics Enters Into Licensing Deal With MPEG LA

Craig Electronics has become a licensee to MPEG LA’s MPEG-2 patent portfolio license and ATSC patent portfolio license. Companies that license their MPEG-2 and ATSC patents through MPEG LA have agreed to dismiss their patent infringement actions against Craig Electronics before the United States District Court for the Southern District of Florida.

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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.