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.

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. 

Retail giants like CVS, Amazon and Walgreens are knocking down the door of the healthcare and primary care space with multibillion-dollar acquisitions adding healthcare organizations to their offerings.

Despite recent big tech economic and hiring pressures, Amazon Web Services, Google and Microsoft still control 76 percent of the cloud market, according to a Nov. 1 report from Synergy Research Group encompassing the third quarter of 2022.

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 agreed to acquire physician practice group Summit Health in a transaction worth roughly $8.9 billion. 

Retail giant Amazon is freezing corporate hiring for a "few months" due to the economic environment. 

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.

VillageMD, a primary care company majority-owned by Walgreens Boots Alliance, is looking at a possible merger with physician practice group and urgent care provider Summit Health. 

Apple recently posted several job openings related to its health business. Below are five positions open as of Nov. 1:

Amazon is cutting roughly 150 jobs from its radio app Amp, following the company's third-quarter report that revealed profits are down 9 percent year over year, GeekWire reported Oct. 28.

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 reported Oct. 30.

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

Software and personal computer giant Intel is looking to cut an unspecified number of jobs after posting a 20 percent drop in sales in the third quarter, the Wall Street Journal reported Oct. 28. 

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. 

GE released its third quarter earnings report showing the progress of its plan to spin off its healthcare business units in the first week of January 2023.

Software giant Oracle is projecting its cloud business will power them to reach $65 billion in sales by 2026, Bloomberg reported Oct. 20.