Category: Disruptors

The right and wrong way to conduct mass layoffs

Mass layoffs are hitting Silicon Valley, and tech companies must ensure they are doing it right and with compassion in order to keep from hurting their financial performances and future success, Vox reported Nov. 8. 

Tech layoffs indicate worsening economic headwinds

Recent layoffs at Lyft, Intel, Twitter, and a corporate hiring freeze at Amazon indicate a worsening economic outlook for big tech, the Wall Street Journal reported Nov. 4.

Walgreens CEO calls Summit Health deal ‘transformational’: 5 key moves behind it

VillageMD, the primary care disruptor controlled by Walgreens Boots Alliance, is set to acquire physician practice group Summit Health in a $8.9 billion transaction, which in turn will give Walgreens one of the biggest stakes in the combined company.&n…

Meta set to lay off ‘thousands’ this week

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.

Walgreens’ VillageMD completes $8.9B deal to combine with Summit Health

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 set to lay off 3,700 Twitter employees following takeover

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.

Microsoft VC arm joins $75M funding round for emergency medical platform

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

VillageMD eyeing Summit Health in possible $5B-$10B merger

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…

Apple revenue up 8% for Q4

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

Google acquired healthcare startup that monitors breathing

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