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Oracle announced plans to acquire electronic medical records firm Cerner for $95 per share, or ~$28.3B in equity value. It would be the enterprise-software company's largest acquisition so far after buying software firm PeopleSoft for ~$10B in 2005. More: - Cerner is a designer of software for medical centers to store and process data.
- The all-cash deal would see Oracle expand further into the healthcare IT sector and potentially bring more health and medical data to its cloud services.
- News of a potential Cerner takeover surfaced earlier this year, with experts citing Oracle as well as Microsoft and Google as potential buyers.
- Austin-based Oracle, which bills itself as a "cloud technology company," has a market value of $260B+.
THE WALL STREET JOURNAL 
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Apple is asking India's Competition Commission to toss out an antitrust case targeting its in-app purchase system and commissions. In a new filing, Apple argued that its impact in India is insignificant as it only claims from 0% to 5% of the total market. More: - The Competition Commission is looking into allegations that Apple damages competition by forcing app developers to use its system, which charges a commission on in-app purchases.
- In India, Google's Android commands the highest market share at 90-100% of smartphones. Apple has argued that "without dominance, there can be no abuse."
- The company also claims that its commissions are “not unfair or excessive," stating that only a small percentage of developers, many of whom are working for large conglomerates, pay the highest rate of 30%.
- The Indian commission is evaluating Apple's filing and will decide whether to dismiss it or launch a wider investigation.
- Apple has faced antitrust probes in the U.S., South Korea, Europe, and elsewhere.
REUTERS
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Amazon said it no longer plans to ban employees from checking their personal phones at warehouses. The company continues to face scrutiny after six of its employees were killed when an Amazon fulfillment center in Edwardsville, Illinois, was struck by a tornado earlier this month. Employees said they need access to real-time information and communication with authorities in case of emergencies. More: - Amazon had planned to reinstate a years-long rule banning phones on warehouse floors this January.
- But last week, it told employees they can bring their phones to work "until further notice."
- Members of Congress have sent a letter to the company asking if its policies may have played a role in the tragedy, claiming the incident "fit a larger pattern" in how the company treats its employees.
- OSHA is now investigating the warehouse collapse, which occurred on Dec. 10. The 700,000-square-foot facility, just east of St. Louis, was destroyed following the extreme weather event, which claimed the lives of 58 people across the Midwest.
ENGADGET
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 Garmin could announce its new lineup of smartwatches at CES 2022 in early January. German technology site Winfuture leaked images of the watches, which reportedly include the Garmin Fenix 7 series, Venu 2 Plus, Epix Gen2, and Instinct 2 series. More: - According to the leak, the Fenix 7 series could have three models — the standard Fenix 7, 7S, and 7X — made of reinforced plastic and stainless steel.
- The Epix Gen2, the successor to the original Epix from 2015, will reportedly have a round display along with blood oxygen measurement, heart rate monitoring, and sleep tracking.
- The Venu 2 Plus is rumored to have an OLED display and an additional third button on its side.
- Its second-gen Instinct has a similar design as its predecessor, with a monochrome LCD screen and corner secondary display.
- In Q2 2021, Garmin ranked fifth in overall smartwatch shipments globally. Apple was first with 28% of the market share.
TECHRADAR
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SenseTime has relaunched its Hong Kong IPO after the U.S. added the Chinese AI company to a blacklist over its links to China's mistreatment of Muslim Uyghurs. The startup said it will issue 1.5 billion shares at between HK$3.85 and HK$3.99 each, giving it a top-end valuation of HK$132.8B ($17B). More: - SenseTime specializes in facial recognition and other advanced technologies. It sells software to governments and businesses for use in surveillance, autonomous driving, and smart cities.
- Earlier this month, the U.S. Treasury Department added SenseTime to its investment blacklist, prohibiting U.S. citizens from investing in the company.
- Shortly after, SenseTime postponed the pricing of its stock offering, which was due to take place on Friday.
- The company has reopened orders as of today. Its shares are set to begin trading on the Hong Kong exchange on Dec. 30.
- It has already secured about $512M from "cornerstone investors" including the state-owned Shanghai Xuhui Capital Investment.
- In adding it to the blacklist, the Treasury cited SenseTime's alleged role in providing facial-recognition technology that has furthered China's surveillance and suppression of mostly Muslim Uyghurs in its Xinjiang region.
BBC NEWS
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 Adidas and partners earned $23M from sales of their first NFTs on Friday. The line of NFTs, called Into the Metaverse, were developed with Bored Ape Yacht Club, Gmoney, and Punks Comics. More: - Adidas sold a total of 29,620 NFTs at a cost of 0.2 Ethereum, equating to about $760 apiece.
- The company also launched digital tokens last month, allowing buyers to have early access to the NFT drop.
- NFT holders can purchase special Adidas merch that will become available in 2022.
- Last week, Nike said it had acquired RTFKT, which makes virtual shoes and NFTs for the metaverse. It leverages NFT, blockchain authentication, and augmented reality to create digital artifacts.
PYMNTS.COM
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- Elon Musk tweeted that he will pay $11B in taxes this year, confirming figures in a CNBC report that said it could be “the single largest tax bill ever.”
- Supergiant Games' "Hades" won a Hugo Award, the first video game to receive the title honoring top science fiction and fantasy works.
- Amazon-owned Twitch suspended the Prime Video channel, Prime Video España, due to accidental nudity, according to the BBC.
- VictoryXR and Meta will work together to construct replicas of real college campuses in spatial 3D.
- A report from Chainalysis found that crypto scams netted a near-record high of $7.7B in 2021.
- France is the latest country to order facial recognition company Clearview AI to delete the data of its citizens.
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 |  | Beth is an Inside Analyst and a former public policy/investigative reporter. She has covered AI, VR, technology, and e-commerce for Inside. When she's not busy writing, she's hiking in Arizona's desert, playing pickleball, or trying out new Mexican food recipes. |   | | Editor | Eduardo Garcia is a writer and editor based in New York. He is writing an illustrated book about climate change that will be published by Ten Speed Press, an imprint of Penguin Random House. Bylines in The New York Times, The Guardian, Slate, Scientific American, and others. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
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