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The right healthcare acquisition could make CVS a competitive player against Amazon, Walgreens
CVS needs to continue investing in healthcare opportunities so the retail giant doesn't fall behind Walgreens and Amazon, even if that means its earnings take a hit, The Wall Street Journal reported Nov. 10. -
4 big tech companies conducting mass layoffs
Recently, big tech companies, many citing economic headwinds, have begun conducting mass layoffs. -
Healthcare seen as safe bet in Amazon's cost-cutting review
CEO of Amazon Andy Jassy is conducting a cost-cutting spree to scale back on unprofitable businesses at the company, but the retailer said it is continuing to invest in healthcare, where it sees growth and potential, The Wall Street Journal reported Nov. 10. -
6 Google health-related job openings
Google recently posted several job openings related to its health business. Below are six open positions as of Oct. 10: -
The right and wrong way to conduct mass layoffs
Mass layoffs are hitting Silicon Valley, and tech companies must ensure they are doing it right and with compassion in order to keep from hurting their financial performances and future success, Vox reported Nov. 8. -
Tech layoffs indicate worsening economic headwinds
Recent layoffs at Lyft, Intel, Twitter, and a corporate hiring freeze at Amazon indicate a worsening economic outlook for big tech, the Wall Street Journal reported Nov. 4. -
Walgreens CEO calls Summit Health deal 'transformational': 5 key moves behind it
VillageMD, the primary care disruptor controlled by Walgreens Boots Alliance, is set to acquire physician practice group Summit Health in a $8.9 billion transaction, which in turn will give Walgreens one of the biggest stakes in the combined company. -
How CVS, Amazon and Walgreens are pushing into primary care, home health
Retail giants like CVS, Amazon and Walgreens are knocking down the door of the healthcare and primary care space with multibillion-dollar acquisitions adding healthcare organizations to their offerings. -
AWS, Google and Microsoft control 76% of cloud market, report says
Despite recent big tech economic and hiring pressures, Amazon Web Services, Google and Microsoft still control 76 percent of the cloud market, according to a Nov. 1 report from Synergy Research Group encompassing the third quarter of 2022. -
Meta set to lay off 'thousands' this week
Facebook parent company Meta is set to lay off thousands of workers this week in what would be the first large workforce reduction in the technology company's 18-year history, The Wall Street Journal reported Nov. 6. -
Walgreens' VillageMD strikes $8.9B deal to combine with Summit Health
Primary care disruptor VillageMD, which is majority owned by Walgreens Boots Alliance, has agreed to acquire physician practice group Summit Health in a transaction worth roughly $8.9 billion. -
Amazon freezes corporate hiring due to economic pressures
Retail giant Amazon is freezing corporate hiring for a "few months" due to the economic environment. -
Elon Musk set to lay off 3,700 Twitter employees following takeover
Elon Musk plans to lay off 3,700 Twitter employees, roughly half the workforce, following his $44 billion takeover of the social media giant, Bloomberg reported Nov. 2. -
Why Walgreens is looking toward urgent care
VillageMD, a primary care company majority-owned by Walgreens Boots Alliance, is looking at a possible merger with physician practice group and urgent care provider Summit Health. -
5 health-related job openings at Apple
Apple recently posted several job openings related to its health business. Below are five positions open as of Nov. 1: -
Amazon makes cuts to app staff, following Q3 report
Amazon is cutting roughly 150 jobs from its radio app Amp, following the company's third-quarter report that revealed profits are down 9 percent year over year, GeekWire reported Oct. 28. -
Microsoft VC arm joins $75M funding round for emergency medical platform
M12, the venture capital arm of Microsoft, is among the investors in a $75 million funding round for digital first responder platform RapidSOS. -
VillageMD eyeing Summit Health in possible $5B-$10B merger
Primary care disruptor VillageMD, which is majority owned by Walgreens Boots Alliance, is eyeing a possible deal to merge with physician practice group Summit Health, in what would create a company valued at $5 billion to $10 billion, Bloomberg reported Oct. 30. -
Apple revenue up 8% for Q4
Tech giant Apple reported its fourth-quarter earnings of $90.1 billion in revenue, an increase of 8 percent year over year. -
Intel to cut jobs as slump in computer shipments pushes earnings down
Software and personal computer giant Intel is looking to cut an unspecified number of jobs after posting a 20 percent drop in sales in the third quarter, the Wall Street Journal reported Oct. 28.
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