Categories health insurance

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How $20 billion health care behemoth Blue Shield of California sees startups

In the two years since Jeff Semenchuk took the reins in the newly created position of chief innovation officer for Blue Shield of California, the nonprofit health insurer with $20 billion in revenues has stepped up its investments in startup companies. As one of California’s largest insurance providers with more […]

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With the real estate industry facing headwinds, SoftBank-backed Compass lays off 15% of staff

Compass, the real-estate brokerage startup backed by roughly $1.6 billion in venture funding, has laid off 15% of its staff as a result of the shifting economic fortunes created by the global response to the novel coronavirus pandemic, according to an internal email seen by TechCrunch. Citing economic fallout that […]

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Investors move from coronavirus woes to Biden wins as markets rally on Super Tuesday results

While the aftermath of Super Tuesday has left the Democratic Party riven between its more liberal and moderate wings, investors viewed last night’s results as a win for business and markets. Shaking off the steady beat of bad news about the advance of the novel coronavirus COVID-19 within the U.S., […]