Here s what s going on in tech.
Time is interested in merging with Yahoo, Bloomberg reports. Time would probably be the smallest company among the potential suitors.
Oracle has bought Ravello Systems, reportedly for $500 million. The Palo Alto startup is a cloud software maker.
U.S. government ramps up scouring of social media use of asylum and visa seekers. (NYT)
Selfie security: MasterCard to roll out feature that lets people authenticate their online purchases using selfies or fingerprints.
Bill Gates annual letter focuses on energy. He says he s doubling his investment in clean energy to $2 billion in the next five years. (NYT)
Battery Ventures, which backs tech companies from early stages on up, raises $950 million for new fund.
Photo: Oracle headquarters on December 16, 2014 in Redwood City, California. (Justin Sullivan/Getty Images)
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