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GM Invests In Telogis

Telogis has received an equity investment from GM Ventures, the venture capital subsidiary of General Motors. The financial terms of the transaction were not disclosed. The two companies also released the Telogis Fleet for GM solution, which delivers built-in intelligence solutions and services to commercial GM customers on model year 2011 and newer vehicles equipped with OnStar hardware.

[Image courtesy: Telogis]

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.