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Yahoo Makes Maynard Webb Chairman

Yahoo is reportedly appointing Maynard Webb as chairman of the company’s board. Mr. Webb had joined Yahoo in February 2012, and was serving as interim chairman, following Fred Amoroso’s resignation in April. The story was  reported by Harrison Westwater, Wendy Brundige, and Brian Womack of Bloomberg.

Mr. Webb is the  author of Rebooting Work: Transform How You Work in the Age of Entrepreneurship, and is a board member of Salesforce.com, and LiveOps, as well. Mr. Webb founded Webb Investment Network in 2010, and is the former CEO of LiveOps and former COO of eBay.

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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.