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