Amazon Tackles Healthcare, Apple Slashes iPhone X Production
Amazon is joining forces with Berkshire Hathaway and JPMorgan Chase to bring their employees better and cheaper healthcare. The three companies will create an independent company solely focused on improving technology to make the healthcare system more efficient. Details are scarce as plans are still in the early stages.
And Apple is reportedly slashing production of its iPhone X due to waning demand. The company was originally planning to produce 40 million iPhone Xs but now will only produce 20 million, according to the Wall Street Journal. This comes just days before Apple is set to report its quarterly earnings.
Online fashion retailer Sheen is reportedly said to go public. Multiple media outlets reported that the Chinese-founded company has filed confidentially for an initial public offering in the U.S.
Under Google’s updated inactive account policy, which the tech giant announced back in May, accounts that haven’t been used in at least two years could be deleted. Accounts deemed inactive could be erased beginning Friday.