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

Go deeper

Dan Primack, author of Pro Rata
21 mins ago - Economy & Business

GoodRx prices IPO at $33 per share, valued at $12.7 billion

Illustration: Sarah Grillo/Axios

GoodRx, a price comparison app for prescription drugs at local pharmacies, on Tuesday night raised $1.14 billion in its IPO, Axios has learned.

By the numbers: GoodRx priced its shares at $33 a piece, above its $24-$28 per share offering range, which will give it an initial market cap of around $12.7 billion.

Updated 22 mins ago - Politics & Policy

House Democrats and Trump admin strike deal to avert government shutdown

House Speaker Nancy Pelosi on Capitol Hill. Photo: Tom Williams/CQ-Roll Call via Getty Images

The House on Tuesday passed legislation to fund the government through Dec. 11, by a vote of 359-57.

Why it matters: The bill will avert a government shutdown when funding expires in eight days. Pelosi and House Majority Leader Steny Hoyer (D-Md.) said earlier that they hoped to hold a vote on the legislation on Tuesday evening.

49 mins ago - Politics & Policy

Scoop: Meadows puts agencies on notice about staff shake-up

Internal government email obtained by Axios

White House chief of staff Mark Meadows told administration officials Monday to expect senior aides to be replaced at many government agencies, according to an internal email obtained by Axios.

Behind the scenes: Meadows asked the director of the White House Presidential Personnel Office John McEntee "to look at replacing the White House Liaisons (WHLs) at many of your agencies," according to the email. "John will be working with outgoing liaisons to explore other opportunities."

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