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ProfitBricks Receives $19M Investment

ProfitBricks has received a $19.5 million investment from its founders and European internet services provider United Internet.

Founded in 2010, ProfitBricks is a cloud computing company that provides infrastructure as a service (IaaS) for companies and IT professionals. The company had previously received $18.8 million from its founders and United Internet.

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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. 

Apple deletes WhatsApp, Threads from China app store on orders from Beijing — CNN

Apple has removed WhatsApp and Threads from its app store in China, following an order from the country’s internet watchdog, writes Juliana Liu.