While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
U.K. Prime Minister Boris Johnson told the EU that a Brexit deal can still be approved by U.K. lawmakers if Brussels agrees to scrapping the contentious Irish "backstop."read more
Baidu posted better-than-expected earnings for the June quarter, swinging back to profit and managing to stabilize its core ad business.Technologyread more
Several big Pimco funds controlled by Ivascyn have reportedly been trimming their bond market positions in the U.K. and Europe.World Marketsread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Sidewalk Labs, the mysterious urban innovation group of Google parent company Alphabet, has spun out a start-up with ambitious plans to rethink health care.
The startup, known as Cityblock and known internally at Sidewalk as "CareLab," is focusing on low-income communities with serious health problems.
Little has been known about Sidewalk's health plans until Cityblock published a web site on Monday detailing its plans.
Cityblock was conceived by Iyah Romm, Sidewalk's former entrepreneur-in-residence. Romm's LinkedIn profile says he's been leading CareLab since May, and that the spinout of Cityblock happened in October.
Under Cityblock's vision, each member will receive a "personalized care team", which includes doctors, coaches, technology tools, follow-up nudges and a health plan. Members can also join a "neighborhood health hub" to drop in to connect with this care team.
These services will be offered at no additional cost for those who are covered by insurance. The site says the company is working to forge partnerships with insurance companies to make this happen.
The idea behind Cityblock is that that preventative care costs a lot less than a typical doctor's visit. But in the U.S., far more is spent on medical care than on social services. Researchers have found that's a big reason why health costs continue to rise with little evidence of better outcomes.
"It is imperative that we fundamentally overhaul the system and redouble our efforts to design, test, and deploy impactful care delivery models and digital products," wrote Romm in a Medium post.
"Nearly all innovation efforts have been focused on people with means," the site reads.
The team includes technologists from Google as well as those from the traditional health care system.
The plan to focus on health care for lower-income Americans is unusual in Silicon Valley. One of Sidewalk Labs original founders, Adrian Aoun, quit to start Forward, a primary care group based in San Francisco that charges $149 a month out-of-pocket (although the company does offer some free memberships to low-income individuals).
The Cityblock service isn't planning to launch to members until early 2018.