Category: Disruptors

Facebook parent company Meta is set to lay off thousands of workers this week in what would be the first large workforce reduction in the technology company’s 18-year history, The Wall Street Journal reported Nov. 6.

Primary care disruptor VillageMD, which is majority owned by Walgreens Boots Alliance, has aquired physician practice group Summit Health in a transaction worth roughly $8.9 billion. 

Elon Musk plans to lay off 3,700 Twitter employees, roughly half the workforce, following his $44 billion takeover of the social media giant, Bloomberg reported Nov. 2.

M12, the venture capital arm of Microsoft, is among the investors in a $75 million funding round for digital first responder platform RapidSOS.

Primary care disruptor VillageMD, which is majority owned by Walgreens Boots Alliance, is eyeing a possible deal to merge with physician practice group Summit Health, in what would create a company valued at $5 billion to $10 billion, Bloomberg reporte…

Tech giant Apple reported its fourth-quarter earnings of $90.1 billion in revenue, an increase of 8 percent year over year.

Google acquired health tech startup Sound Life Sciences, a University of Washington spinout that developed an app to monitor breathing, GeekWire reported Oct. 26. 

Software giant Oracle is in discussions with banks to increase the size of a $4.4 billion loan. The company will use the loan to refinance the debt used to fund its $28.4 billion acquisition of EHR company Cerner, Bloomberg reported Oct. 27.

Oracle partnered with virtual research organization ObvioHealth to integrate diverse datasets into clinical trials. 

CVS Health has partnered with digital health company Ixlayer to offer at-home testing kits at its stores and online for sexually transmitted diseases, Vitamin D deficiencies, thyroid disorders and Lyme disease.