tech:

taffy

DocuSign acquires Seattle-based machine learning startup Appuri

DocuSign has entered into an agreement to acquire the IP rights and hire employees from Seattle-based machine learning and data platform startup, Appuri. DocuSign will now integrate Appuri’s machine learning and artificial intelligence technology directly into its platform says the company. Appuri’s products will no longer be sold separately.

Under the terms of the deal, DocuSign acquired a license to Appuri’s source code, along with the rights to advance the technology independently. The majority of Appuri’s team – including the founders, Damon Danieli and Bilal Aslam – will join DocuSign’s product development group.

The deal resulted from a pilot project that DocuSign and Appuri had been running together over the past few months, said the companies in a statement.

Just in

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.