Mammoth Biosciences adds the final piece of the CRISPR diagnostics puzzle to its toolkit

With the announcement today that Mammoth Biosciences has received the exclusive license from the University of California, Berkeley to the new CRISPR protein Cas14, the company now has the last piece of its diagnostics toolkit in place. Cas14 is a newly discovered protein from the lab of Jennifer Doudna, a pioneer in gene-editing research and […]

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FedEx’s new autonomous delivery bot has iBot wheelchair DNA

FedEx is a courier delivery and logistics company; and in 2019, that means it must also have an autonomous delivery bot. The delivery services company, known for its overnight shipping, unveiled Wednesday an autonomous delivery device called SameDayBot. The bot, which will be tested this summer in select markets including FedEx’s hometown Memphis, is being […]

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China’s Alipay digital wallet is entering 7,000 Walgreens stores

China’s payments heavyweights have been following tourists abroad as their home market gets crowded. Ant Financial, Alibaba’s financial affiliate with a said valuation of $100 billion, now sees its virtual wallet Alipay handling transactions at 3,000 Walgreens stores in the U.S. and is eyeing to reach a roster of 7,000 locations by April. The alliance will […]

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Tesla names Oracle’s Larry Ellison, Walgreens executive to board as part of SEC settlement

Tesla has added two independent directors to its board, Oracle founder and executive chairman Larry Ellison and Walgreens executive Kathleen Wilson-Thompson, as part of a settlement with U.S. securities regulators over CEO Elon Musk’s infamous tweets about taking the company private. The pair joined the board as of December 27, Tesla said in an announcement early […]

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Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla, Alfred Lin of Sequoia and Alex Taussig of Lightspeed are backers of Faire.

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Walgreens enlists FedEx to offer speedy drug delivery

Walgreens is gearing up for a battle with Amazon. The country’s second-largest pharmacy chain announced this week that it’s teaming up with FedEx to offer quick drug delivery. Through Walgreens Express, patients will be able to get prescriptions delivered to their home as quickly as the next day. Customers will get a text notification when […]

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Walgreens takes a minority stake in Birchbox, which will now come to its stores

Walgreens has entered into a strategic partnership with beauty-in-a-box startup Birchbox, which will involve building Birchbox experiences inside Walgreens’ stores so customers can shop and try new brands. The deal also sees Walgreens acquiring a minority equity interest in Birchbox, the companies said. The deal follows a change to Birchbox’s ownership structure reported earlier this […]

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CVS, other health stocks down upon Amazon, JPMorgan, Berkshire healthcare co news

 Investors panicked this morning upon the news Amazon, JPMorgan Chase and Berkshire Hathaway were teaming up to launch a health insurance company for their U.S. employees. Healthcare is one of the biggest operating costs for Fortune 500 companies and the three iconic companies have joined forces to build a new health insurance company for all U.S. employees in an effort to improve satisfaction… Read More

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Arizona residents are getting refunds on Theranos tests

 Theranos is issuing refund checks to all Arizona residents who used the company’s blood-testing services, thanks to a recent settlement by Arizona Attorney General Mark Brnovich. Between 2013 and 2016, Theranos offered testing at several locations throughout the state in a partnership with Walgreens. However, the drug store chain severed ties with Theranos in mid-2016, citing myriad… Read More

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