Haven, the joint health-care venture of America’s top companies, is reportedly shutting down in the month of February. Amazon, JPMorgan, and Berkshire Hathaway joined hands to start the healthcare-focused entity in January 2018. It was started with the aim of lowering costs and improving outcomes in health care. The start-up…
Amazon Announces New Fulfilment Centers, Promises 1,500 Full-Time Jobs
Amazon has announced its plans to open a new delivery station and two fulfillment centers. All three facilities will come-up in San Antonio and are expected to offer more than 1,500 full-time jobs. One of the facilities will be built in the area of one-million-square-foot and expected to open in…
Thoma Bravo To Buy Richardson-Based Real Page For USD 10 Billion
Software firm RealPage Inc is being purchased by San Francisco-based private equity firm Thoma Bravo. The firm has agreed to pay around USD 10 billion to seal the deal. Reports suggest that the deal will be sealed in the second quarter of the year 2021. Richardson-based RealPage Inc serves more…
Apple Maps’ Look Around Feature Expanded To Four More United States Cities
Tech giant Apple has announced to expand its Look Around feature in the United States. The Look Around is a technology in Apple Maps. The company said that it is now available to four more cities. The cities are Denver, Detroit, Miami, and Ft. Lauderdale. The Look Around feature is…
Amazon CEO Jeff Bezos’s Ex-Wife Donates USD 4.2 Billion In Charitable Giving
MacKenzie Scott, the ex-wife of Amazon CEO Jeff Bezos, has donated around USD 4.2 billion in the last four months to 384 organizations. The money has been donated as part of charitable giving to these organizations from all 50 states. The donation is being done to address the pressing needs…
Google Faces Criticism For Firing Artificial Intelligence Researcher Timnit Gebru Over Critical Email
Google has once again found itself in hot water for firing renowned artificial intelligence researcher Timnit Gebru. More than 1,200 employees of the search engine giant and hundreds of researchers are now speaking in protest after the prominent Black scientists took to Twitter to announce that she has been fired.…
Volkswagen Subsidiary Traton To Acquire Navistar For Around USD 3.7 Billion
After almost 10 months of negotiations, Volkswagen subsidiary Traton has reached a deal to buy Navistar for nearly USD 3.7 billion. The deal comes at a time after the industry witnessed a record slump in truck order for two consecutive months. Traton, the commercial truck business of Volkswagen, has closed…
Google To Move Hangouts Users To New Free Chat Service Early Next Year
Search engine giant Google has announced to launch a new chat service soon. The company said that it will move Hangout users to its new chat service. The new service will be called Google Chat. It will be absolutely free. Google said that it will integrate the new chat service…
Twilio Buys Customer Data Company Segment For USD 3.2 Billion
The pandemic has not only forced the common people to change the way they think but has also compelled businesses to adopt new ways to interact with their customers. Most of the customers are now giving preference to digital platforms for their daily needs. To some extent, this is probably…
Delta Air Lines Loss Increases To USD 11 Billion During COVID-19 Pandemic
Amid the coronavirus pandemic, the loss of Delta Air Lines has widened to USD 11 billion so far. The carrier said that though travelers have started to return, the impact of the COVID-19 pandemic likely to continue on the aviation industry for years. Delta Chief Executive Ed Bastian said that…