tech:

taffy

WePay Raises $15M

Online payment service provider WePay has raised $15 million in a Series C round of funding.

The investment was led by Phil Purcell of Continental Investors, co-founder of the Discover Card and former CEO of Morgan Stanley. Max Levchin, Maynard Webb, and Raymond Tonsing also participated in the investment.

The latest round brings WePay’s total funding to $35 million till date.

[Image courtesy: WePay]

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.