The big picture: Unlike when they started as X projects, Loon and Wing now seem a long way from crazy. Their success is encouraging, proving that yeah, you'll have lots of bumps along the road but "eventually, you'll fail to fail." It’s graduation day as two X (formerly Google X) moonshot projects have been promoted to independent business status under the Alphabet umbrella. X CEO Astro Teller (awesome name, right?) said on Wednesday that now that their foundational technology is built, the divisions are ready to take their products into the world – work that is best done outside of the prototyping-focused environment of X. As with others in the “Other Bets” category, the two projects will continue the missions they started at X. Loon, which uses high-altitude balloons to blanket regions with wireless coverage, will continue to work with carriers worldwide to provide Internet access to under-connected and unconnected people. Wing, meanwhile, is developing a … [Read more...] about Moonshot projects Loon and Wing become independent businesses under Alphabet umbrella
The independent business
Amazon to Buy Online Pharmacy PillPack, Jumping Into the Drug Business
Sections SEARCH Skip to content Skip to site index Subscribe Log In Subscribe Log In Advertisement DealBook Supported by ByClaire Ballentine and Katie Thomas June 28, 2018 Amazon announced Thursday that it would acquire PillPack, an online pharmacy with a nationwide reach, in a deal that could quickly make the online giant a major player in the drug business. The deal is precisely the kind of news that the health care industry has been fearing for months, as Amazon hinted that it was interested in expanding its reach to include prescription drugs, a $560 billion business. One barrier to entry for Amazon had been the bureaucratic hassle of securing pharmacy licenses in each state. But in acquiring PillPack, it is essentially leaping over that hurdle because the company is licensed to ship prescriptions in 50 states. Shares of Walgreens and Rite Aid dropped more than 9 percent, and CVS Health dropped 6.6 percent, after the … [Read more...] about Amazon to Buy Online Pharmacy PillPack, Jumping Into the Drug Business
Trump speaks at National Federation of Independent Businesses event — live stream
President Trump is delivering remarks at an event commemorating the 75th anniversary of the National Federation of Independent Businesses on Tuesday. All eyes are on the administration as it continues to grapple with a nationwide outcry over its "zero tolerance" policy of separating children from immigrant parents at the U.S.-Mexico border. On Monday, at a White House event billed as a meeting of the president's National Space Council, much of the president's remarks focused on the immigration debate where he once again faulted Democrats for the administration's policy. "The U.S. will not be a migrant camp and it will not be a refugee holding facility, it wont be," Mr. Trump said. He added that if Democrats would "sit down instead of obstructing, we could have something done very quickly" with regards to immigration legislation. Mr. Trump will later meet with Republican members of Congress on Capitol Hill Tuesday where he is expected to discuss ongoing efforts on … [Read more...] about Trump speaks at National Federation of Independent Businesses event — live stream
What Happens When You Submit a Complaint to the Better Business Bureau?
Published 5:20 am, Friday, April 13, 2018 It's happened to us all: You come into conflict with a business. You're not happy with the service you received, there was a misunderstanding, or a lapse in communication occurred. You've made every attempt to settle the situation, to no avail. One solution is to take up the issue with your local Better Business Bureau. Filing a complaint with the BBB is straightforward, but what happens next? DealNews spoke with a source who was inside the BBB at the time of our conversation, and who asked to remain anonymous so she could be completely truthful about the process. She gave us the scoop on how customer complaints are filed, mediated, and ultimately resolved. What the BBB Is, and What It Isn't Despite its official-sounding name, the Better Business Bureau isn't affiliated with the U.S. government. It's a nonprofit organization aiming to facilitate better relationships between consumers and businesses, with a vision of "an ethical … [Read more...] about What Happens When You Submit a Complaint to the Better Business Bureau?
5 ways blockchain is the new business collaboration tool
While blockchain may have cut its teeth on the cryptocurrency Bitcoin, the distributed electronic ledger technology is quickly making inroads across a variety of industries.That's mainly because of its innate security and its potential for improving systems operations all while reducing costs and creating new revenue streams.David Schatsky, a managing director at consultancy Deloitte LLP, believes blockchain's diversity speaks to its versatility in addressing business needs, but "the impact that blockchain will have on businesses in various industries is not yet fully understood."In 2017, blockchain technology started to become a key business focus for many industries, something a Deloitte survey conducted in 2016 had predicted.That online survey of 308 blockchain-knowledgeable senior executives at organizations with $500 million or more in annual revenue found many placed it among their company's highest priorities. Thirty-six percent believed blockchain … [Read more...] about 5 ways blockchain is the new business collaboration tool