Techmeme
December 20, 2021, 8:55 PM

Top News

Stephen Totilo / Axios:
Inside Ubisoft's unprecedented developer exodus over the past 18 months, including at least five of the top 25-credited people from Far Cry 6, its top 2021 game  —  Colleagues across Assassin's Creed publisher Ubisoft have names for the procession of developers who have departed over the past 18 months …
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 …
New York Times:
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 …
Emma Roth / The Verge:
The FCC settles with AT&T, Verizon, Intrado, and CenturyLink over failed 911 calls during network outages in 2020; the companies will pay $6M collectively  —  The companies will pay a total of $6 million  —  The Federal Communications Commission (FCC) has reached settlements with AT&T …
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.
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 …

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