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QuickPay Raises $5.5 Million

Mobile parking payment solutions provider QuickPay has raised $5.5 million in funding. Investors in this round include Fontinalis Partners, Ecomobilite Ventures, SNCF, Total, Orange, and IncWell.

Fontinalis Partners is a next-generation mobility investment firm co-founded by Bill Ford, Jr., executive chairman of Ford. IncWell is a seed-stage venture capital firm founded and managed by Tom LaSorda, former CEO of Chrysler.

Just in

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. 

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.