TechTaffy

tech:

taffy

MariaDB raises $27 million

By TechTaffy Desk

Open source database company MariaDB has raised $27 million, in an investment led by Alibaba Group, with participation from existing investors Intel Capital, California Technology Ventures, Tesi, SmartFin Capital and Open Ocean.

Combined with a recent $27 million investment from the European Investment Bank, this latest capital brings MariaDB’s total funding this year to $54 million.

[Image courtesy: MariaDB]

Just in

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.
Around the web

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.
Industry

Square expands offline payments globally

Payment processing company Square has announced the expansion of its offline payments feature to all hardware devices and countries.
Around the web

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.