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Independa Announces $1.6 Million Seed Funding

Telehealth provider Independa  announced it has closed a seed round of venture capital funding that to date has raised $1.6 million for the company. The seed-round funding came from private investors and Southern California venture capital firms Miramar Venture Partners and City Hill Ventures, the company said. In addition, Independa has received $200,000 in debt financing from Silicon Valley Bank. The company also said that current investors have unanimously authorized raising an additional $600,000 in venture capital funding.

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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.