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Thatgamecompany Raises $5.5M

Thatgamecompany has raised $5.5 million from Benchmark Capital. The funding will be used to develop and release its games independently, says the company. Thatgamecompany also plans to bring its games to more platforms.

Thatgamecompany was founded in 2006. It designs and develop broadly accessible interactive video games. The company has a three-game partnership with Sony Computer Entertainment America, Santa Monica Studio.

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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.