Photo: Federico Parra/AFP/Getty Images

McDonald's has agreed to buy Dynamic Yield, an Israeli provider of personalized sales assistant software, for $300 million.

Why it matters: It's the fast food giant's biggest acquisition since buying Boston Market in 1999, and will digitally revamp menu ordering screens to incorporate everything from time of day to weather to trending items.

  • ROI: Dynamic Yield had raised over $80 million in VC funding since 2013, from firms like Bessemer Venture Partners, Innovation Endeavors, Viola Growth, Marker, NY Times Co., Global Founders Capital, Deutsche Telekom, Vertex Ventures Israel and ClalTech.

The bottom line: "As you start to link the predictive nature of customer demand all the way through your stock levels in the restaurant and the kitchen, you can almost flex it back down through the supply chain," McDonald's CEO Steve Easterbrook told Wired.

Go deeper: The nutrition facts on Trump's McDonald's order

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The CIA's new license to cyberattack

Illustration: Aïda Amer/Axios

In 2018 President Trump granted the Central Intelligence Agency expansive legal authorities to carry out covert actions in cyberspace, providing the agency with powers it has sought since the George W. Bush administration, former U.S. officials directly familiar with the matter told Yahoo News.

Why it matters: The CIA has conducted disruptive covert cyber operations against Iran and Russia since the signing of this presidential finding, said former officials.

2 hours ago - Technology

Tech hits the brakes on office reopenings

Illustration: Annelise Capossela/Axios

Tech was the first industry to send its workers home when COVID-19 first hit the U.S., and it has been among the most cautious in bringing workers back. Even still, many companies are realizing that their reopening plans from as recently as a few weeks ago are now too optimistic.

Why it matters: Crafting reopening plans gave tech firms a chance to bolster their leadership and model the beginnings of a path back to normalcy for other office workers. Their decision to pause those plans is the latest sign that normalcy is likely to remain elusive in the U.S.

The existential threat to small business

Illustration: Eniola Odetunde/Axios

The coronavirus pandemic has changed the game for U.S. businesses, pushing forward years-long shifts in workplaces, technology and buying habits and forcing small businesses to fight just to survive.

Why it matters: These changes are providing an almost insurmountable advantage to big companies, which are positioned to come out of the recession stronger and with greater market share than ever.