Techmeme
December 20, 2021, 2:35 PM

Top News

Jessica Bursztynsky / CNBC:
Oracle will acquire electronic medical records company Cerner for $28.3B, or $95 per share, in an all-cash deal, its biggest acquisition yet  —  - Enterprise software giant Oracle will acquire electronic medical records company Cerner.  —  Enterprise software giant Oracle …
Nick Statt / Protocol:
Microsoft's Phil Spencer says the success and growth of games like Minecraft show the ingredients required for the metaverse to shed its dystopian roots  —  When Phil Spencer thinks about the tech and gaming industries' newfound obsession with the metaverse, the Xbox chief's mind goes to Minecraft.
Brian Sozzi / Yahoo Finance:
Rocket Companies, a consumer finance-focused holding company, will pay $1.275B in cash to acquire personal finance app Truebill, which has ~2.5M members  —  Rocket Companies CEO Jay Farner wasn't kidding around when he told Yahoo Finance Live in November he was on the hunt for acquisitions …
New York Times:
Manish Singh / TechCrunch:
Zepto, which offers a “10-minute” grocery delivery service in five Indian cities, raises a $100M Series C led by YC Continuity Fund at a $570M valuation  —  Zepto, a Mumbai-based startup that operates a 10-minute instant grocery delivery service, has more than doubled its valuation …
Ingrid Lunden / TechCrunch:
Turing, which uses AI to source, evaluate, hire, onboard, and then manage engineers remotely, raises an $87M Series D, valuing the startup at $1.1B  —  When it comes to engineering talent in the world of tech, demand continues to outpace supply, a predicament so acute that by 2030 …

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Manish Singh / TechCrunch:
Mark Gurman / Bloomberg:
Ben Bowman / The Streamable: