Amazon is joining forces with Berkshire Hathaway and JPMorgan Chase to bring their employees better and cheaper healthcare. The three companies will start an independent company focused on technology that will make the healthcare system more efficient. Details are scarce as plans are still in the early stages.
Facebook is changing its News Feed yet again to focus on local news sources. CEO Mark Zuckerberg said in a Facebook post the shift will be good for "your well-being and for society." This is the third major change to the News Feed in the last few weeks. The social media company is now featuring posts from friends and family higher than publishers and is also ranking media accounts based on how trustworthy they are.
Music legend Linda Perry joins us to discuss her new campaign highlighting independent artists. The Intuit Quickbooks' new "Backing You" campaign helps propel emerging artists forward. Perry, a member of the Songwriters Hall of Fame, has written songs for Christina Aguilera, Pink, and Gwen Stefani.
Plus, we hear from the founder and CEO of Pymetrics, a company that uses artificial intelligence to match people with the right job. Dr. Frida Polli started Pymetrics to take discrimination out of the hiring process, which she says is often biased against women and people of color. Polli hopes her company will show people the benefits of A.I. technology.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!
