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IBM inks five-year collaboration with University of Calgary

IBM, and the University of Calgary in Canada, have established a five-year collaboration to accelerate and expand genomic research into common childhood conditions such as autism, and congenital diseases.

As part of the collaboration, IBM will augment the existing research capacity at the Cumming School of Medicine’s Alberta Children’s Hospital Research Institute by installing a Power8-based computing and storage infrastructure along with advanced analytics and cognitive computing software.

IBM is one of Canada’s top ten private R&D investors, and in 2015 contributed more than $477 million to Canadian research activities.

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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.