TechTaffy

tech:

taffy

Red Hat appoints Narendra Gupta board chairman

By TechTaffy Desk

Red Hat has appointed Narendra Gupta as chairman of the board. Mr. Gupta, a member of Red Hat’s board since 2005 and a member of the company’s compensation committee, succeeds retired U.S. Army Gen. H. Hugh Shelton, who recently retired from the board after serving as chairman since 2010.

Mr. Gupta co-founded Nexus Venture Partners, and currently serves as the firm’s managing director. He also co-founded Integrated Systems in 1980, and served as ISI’s president and CEO.

Mr. Gupta currently serves on the board of trustees of the California Institute of Technology, and the advisory board of Asia Society Northern California.

[Image courtesy: Red Hat]

Just in

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.
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.