corporate
Oscar Health Could Raise $1 Billion in IPO Next Week
Text size A scene inside the Oscar Center in the Brooklyn borough of New York. Kholood Eid/Bloomberg Oscar Health, the insurance-technology company backed by Josh Kushner, is slated to go public early next month, two people familiar with the situation said. Oscar is scheduled to price its deal on March 2, and trade the next …
Dominion Sues MyPillow, CEO Mike Lindell Over Election Claims
WASHINGTON—One of the largest makers of voting machines in the U.S. on Monday sued a prominent supporter of former President Donald Trump, alleging that the businessman had defamed the company with false accusations that it had rigged the 2020 election for President Biden. Dominion Voting Systems sued Mike Lindell, chief executive of Minnesota-based MyPillow Inc., …
When Covid-19 Hit, Mayo Clinic Had to Rethink Its Technology
Mayo Clinic, like many health providers, has been pushed to its limits by the Covid-19 pandemic. Its intensive-care units were often filled to or near capacity in 2020. And while doctors throughout the health system rushed to find ways to care for the wave of sick patients infected by the new virus, many of the …
Private-Equity Deals for Information Technology Soar as Companies Modernize Infrastructure
Private-equity investments in technology soared in the final months of 2020 as investors sought to take advantage of a rise in corporate IT spending. Investors spent $65.17 billion last year on 2,138 private-equity deals with U.S.-based information technology companies, down from $72.47 billion over 2,007 deals in 2019 but far outpacing investments in any other …
Bitcoin blows past $45,000 to fresh highs above $47,000, driven by Tesla’s investment
The price of bitcoin surged above $47,000 on Tuesday, building on gains following news that electric-car maker Tesla has invested $1.5 billion in the cryptocurrency and may accept it as future payment for products. After reaching a record of near $44,000 on Monday, bitcoin prices BTCUSD, +2.98% hit $45,000, $46.000 and $47,000 later that evening, …
Tamar Serna: Breaking the Corporate Mold
Tamar Serna breaks the mold of everything you think of when you imagine a corporate accountant. And maybe that’s a good thing. I grew up listening to the Cramps, Skinny Puppy, Butthole Surfers, and drinking beer outside “Rocky Horror Picture Show” on University Avenue in Palo Alto. I did drugs, was arrested and ended up …
Iran Launches New Rocket, Showing Advances in Potential Missile Technology
Iran tested a new rocket on Monday with improved technology that could be used in its missile program, its latest attempt to raise the stakes for the Biden administration ahead of potential negotiations over a new nuclear deal. The new rocket, named Zuljanah, was developed under a government-backed program to send civilian satellites into orbit …
Crucial role of technology | Mirage News
Ramsay Health Care Australia has been proud to play an active and important role in our nation’s COVID-19 response. Our primary focus has been, and always will be, to protect the safety and wellbeing of our patients, employees and doctors. Our ability to adapt throughout the pandemic to continue delivering high-quality patient care has been …
Seagate Technology Stock Slides After Earnings. What Wall Street Is Saying.
Text size Dreamstime Seagate stock is taking it on the chin on Friday, despite what appeared to be a solid December quarter earnings report. Seagate shares were down 6.3% to $58.96 in recent trading, while shares of rival Western Digital are off 5.8%, to $50.40. As reported on Thursday, Seagate Technology (ticker: STX) posted fiscal-second-quarter …
The Five Biggest Issues for Technology Companies in 2021
After a year of startling growth, the tech industry faces a more vexing 2021. The pandemic helped bring the world’s tech giants such as Amazon.com Inc. and Microsoft Corp. to new heights in 2020. The shift to online shopping and remote working accelerated at a pace that would have been inconceivable without the coronavirus. But …
