🩺 CVS Health plans to acquire Signify Health for around $8B

Today’s pick

CVS to Acquire Signify, a Home Health Care Provider, for $8 Billion. The drugstore giant CVS Health said on Monday that it would acquire Signify Health, which runs a network of doctors making house calls, for roughly $8 billion in a deal that cements the pharmacy chain’s move away from its retail roots. (Lauren Hirsch / The New York Times)

Lauren Hirsch @LaurenSHirsch

"Their interest is to take over the home,” @EricTopol tells me of CVS's healthcare ambitions.

nytimes.comCVS Makes $8 Billion Bet on the Return of the House CallThe deal for Signify Health, which has a network of doctors who make home visits, would cement the drugstore chain’s move away from its traditional roots.

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Before YouTube's Algorithm, There Were 'Coolhunters'. Everyone had to see this. It was early 2007 when Sadia Harper called her YouTube co-workers to her desk to watch. On her screen, a preteen with a buzz cut and an oversize dress shirt was belting out an Alicia Keys song. “This kid is… (Mark Bergen / The Atlantic)

Mark Bergen @mhbergen

Very pleased to publish a new excerpt from my book in @TheAtlantic theatlantic.com/technology/arc… Creators are the heart of YouTube. Here's the story of the soul of YouTube, and how it got snuffed out.

theatlantic.comJust a Few People Crowned Some of YouTube’s Earliest HitsHow “coolhunters” helped make YouTube into an internet sensation before the algorithms took over.

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Goldman Sees $2 Trillion Surge in Europe Energy Bills by 2023. Energy bills for European households will surge by 2 trillion euros ($2 trillion) at their peak early next year, underscoring the need for government intervention, according to Goldman Sachs Group Inc. utilities analysts. At their height, energy… (Allegra Catelli / Bloomberg)

Carl Quintanilla @carlquintanilla

“In our view, the market continues to underestimate the depth, the breadth and the structural repercussions of the crisis,” they wrote. “We believe these will be even deeper than the 1970s oil crisis.” #EUenergycrisis ⁦@business⁩

bloomberg.comBloomberg - Are you a robot?

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Meta Fined $400 Million for Its Treatment of Children's Data. Meta was fined roughly $400 million for breaking European Union data privacy laws for its treatment of children's data on Instagram, the latest in a series of steps by authorities in Europe and the United States to crack down on… (Adam Satariano / The New York Times)

David Carroll @profcarroll

Glad to see Zuck smacked with a $400M bill from the GDPR by way of Ireland for letting kids set their public-by-default Instagram accounts as Businesses and other growth hacking garbage that’s plainly illegal for good reasons.

nytimes.comMeta Fined $400 Million for Treatment of Children’s Data on InstagramIrish regulators said Instagram violated European data protection rules. It was the latest move by authorities in Europe and the U.S. related to child protection online.

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TikTok is upending the music industry and Spotify may be next. Artists have soared to the top of the charts because of trends on TikTok, muddling the music industry's business model. TikTok hasn't fully capitalized on the phenomenon, but its parent company filed a trademark application that suggests something… (Ashley Capoot / CNBC)

Ashley Capoot @ashleycapoot

My first enterprise for @CNBC! TikTok has quickly become a hit-making machine, and record labels, artists and creators are all trying to make sure they’re not getting left behind.

CNBC @CNBC

TikTok is upending the music industry and Spotify may be next https://t.co/CpXYQyh16W

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