UnitedHealth to buy DaVita primary care unit for $4.9 billion (Pakistan Press Club – New York) – The largest U.S. health insurer UnitedHealth Group Inc will buy DaVita Inc’s primary and urgent care services for $4.9 billion in its second acquisition this year to expand its fast-growing medical group, it said on Wednesday. Health insurers…
Exploring Egypt’s Great Pyramid from the inside, virtually PARIS (Pakistan Press Club) – A team of scientists who last week announced the discovery of a large void inside the Great Pyramid of Giza have created a virtual-reality tour that allows users to ‘teleport’ themselves inside the structure and explore its architecture. Using 3D technology, the…
Disney CEO likely to extend tenure if Fox deal happens: WSJ (Pakistan Press Club – New York) – Walt Disney Co (DIS.N) Chief Executive Bob Iger will likely extend his tenure past 2019 to facilitate integration of Twenty-First Century Fox Inc (FOXA.O) assets if a deal is completed, the Wall Street Journal reported on…
Australia to probe Facebook, Google over media disruption SYDNEY (Pakistan Press Club) – Australia’s competition regulator said on Monday it would investigate whether U.S. online giants Facebook (FB.O) and Alphabet Inc’s (GOOGL.O) Google have disrupted the news media market to the detriment of publishers and consumers. Like their rivals globally, Australia’s traditional media companies…
Alibaba must face renewed lawsuit over IPO: U.S. appeals court NEW YORK (Pakistan Press Club) – A U.S. appeals court on Tuesday revived a lawsuit accusing Alibaba Group Holding Ltd (BABA.N) of defrauding shareholders by concealing a regulatory warning about counterfeiters that the Chinese online retailer had received shortly before going public. The 2nd U.S.…