TechTaffy

tech:

taffy

LG Inks Licensing Agreement With Intellectual Ventures

By TechTaffy Desk

LG Electronics and Intellectual Ventures have entered into a license agreement. The deal provides LG with a license to IV’s patent portfolio, which contains more than 35,000 IP assets in more than 50 technology areas. The exact terms of the agreement were not disclosed.

Jeong Hwan Lee (Executive vice president, Head, Intellectual Property Center, LG):  LG’s patent portfolio is strong and is a critical element to our business strategy.

Just in

IT

Nvidia to acquire Run:ai

Nvidia announced an agreement to acquire Run:ai, a provider of Kubernetes-based workload management and orchestration software.
Around the web

Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren. 
Around the web

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.
IT

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.
AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.