WarrenBuffet
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Amazon gets into healthcare with Warren Buffet and JPMorgan
Amazon just took a surprising turn into the healthcare industry, teaming up with investing hero Warren Buffet and New York-based bank JPMorgan Chase, the Washington Post reports. The project is still in the planning stages, so there isn't yet a lot of info on what form it will take. The idea, however, is to reduce costs while improving patient care with the aid of technology. "The ballooning costs of (health care) act as a hungry tapeworm on the American economy," Berkshire Hathaway founder Warren Buffet said in a statement.
Tech CEOs sign letter urging Trump to keep immigrant protections
Hundreds of CEOs have signed an open letter urging President Trump not to dissolve the Deferred Action for Childhood Arrivals (DACA) program. Started in 2012 under the Obama administration, DACA allows undocumented immigrants who arrived to the US before they were 16 years old to obtain work permits and protection from deportation. Those with DACA permits have to renew them every two years and nearly 800,000 immigrants have benefited from the program.
Gates Foundation: Empowering women is key to fighting poverty
In 2006, Berkshire Hathaway CEO Warren Buffet donated $31 billion in company stock to the Bill and Melinda Gates Foundation. As a way of outlining just what the Gates family did with the "single biggest gift anyone ever gave anybody for anything," the couple have penned a lengthy report. The big takeaway is that the most impact will come from social change -- not tech. Considering where Bill Gates worked, that might surprise you.
Engadget Daily: Holiday Gift Guide, Amazon's Hachette deal and more!
It'll soon be time to wrap those presents, so to help with with the burden of holiday shopping, our latest Gift Guide offers ideas for the tech-savvy folks you're buying for. Read on for the rest of our news highlights from the last 24 hours, including the Microsoft Band review, another day in the Taylor Swift/Spotify saga, Amazon's truce with Hachette and more.