tech:

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T-Mobile to pay $500M for one of the largest data breaches in US history — Ars Technica

T-Mobile has admitted no guilt but has agreed to pay a $500 million settlement (pending a judge’s approval), out of which $350 million will go to the settlement fund, writes Ashley Belanger.

Here is the link: https://arstechnica.com/tech-policy/2022/07/t-mobile-to-pay-500m-for-one-of-the-largest-data-breaches-in-us-history/

Just in

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.

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.