tech:

taffy

Serverless raises $3M

The company behind the Serverless Framework, Serverless, has secured $3 million in seed funding led by Trinity Ventures. Serverless Framework V1.0 is now out of beta, says the company.

The framework enables businesses to build web, mobile and IoT applications comprised of cloud services that scale automatically, says Serverless. It leverages event-driven compute services, like Amazon Web Services’ Lambda, to deploy applications that can scale, and bill their owner only when they run. The beta has racked up more than 11,000 GitHub stars in one year, according to the company.

[Image courtesy: Serverless]

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.