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LBi Hires Christine Peterson As Media Director

LBi, a global marketing and technology agency, has hired Christine Peterson as the new Director of Media. Peterson’s hire is effective immediately, and she will work out of the New York office, reporting to LBi US President Judith Carr.

Peterson comes to LBi from Publicis Modem, where she was vice president, group media director and oversaw the General Mills account.

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.