tech:

taffy

Rackspace Appoints Kevin Costello To Board

Rackspace

Kevin Costello has joined the Rackspace board of directors. Mr. Costello served as the president of Ariba for six years, and was subsequently a president at SAP, when the company acquired Ariba in 2012. Prior to Ariba and SAP, Mr. Costello served in various senior management positions during his 18-year career at Andersen Business Consulting. Mr. Costello holds a B.S. in accounting with high honors from the University of Illinois.

[Image courtesy: Rackspace]

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.