Friday, August 10th, 2018

Amazon Reportedly Planning to Launch Healthcare Clinics

CNBC reports that Amazon is reportedly working on launching a health clinic for its Seattle-based employees which is expected to launch later this year.

Sources familiar with the matter state that the programs will initially be for a handful of Amazon employees with further company-wide expansion planned for 2019.

Earlier this year, the company announced that it’s working with Berkshire Hathaway and J.P. Morgan on initiatives to help bring down the costs of health care for its respective employees.

Blackstone Invests in TaskUs
Blackstone Press Release

TaskUs, a business process outsourcing company focused on helping high-growth technology firms grow and scale, received investment from Blackstone which, according to Bloomberg is $250 million.

According to a Blackstone press release, the surge in ecommerce, ride sharing, social media and other new technology industries is creating a surge in demand for business outsourcing and enablement.

The deal is expected to close before the end of the year.

2020 Tokyo Olympics Use of Facial Recognition Technology
The Verge

The Verge reports facial recognition technology will be implemented at the 2020 Tokyo Olympics.

The technology is expected to be used to identify over 300,000 staff, athletes, media, and volunteers.

It’s the first time the technology will be used at the Olympics. The use of facial recognition hopes to increase efficiency in venue wait times.