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TechCrunch Daily Crunch

Daily Crunch 7/22/22

TechCrunch Daily Crunch

SpokenLayer

Tech News, News, Technology

3.849 Ratings

🗓️ 22 July 2022

⏱️ 5 minutes

🧾️ Download transcript

Summary

Amazon buys a health care provider; Instagram's "Reel" re-arrangement; Snap's Q2 earnings miss the mark Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:07.0

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0:13.0

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0:45.2

dot com code tech news this is tech crunch

0:52.4

here's your daily crunch.

0:55.0

Coming up, Amazon buys a healthcare provider,

0:59.0

Instagram's real rearrangement and snaps

1:02.0

Q2 earnings miss the mark.

1:04.0

Amazon's interest in health care and being a major player in the industry

1:08.0

is taking one big step forward today.

1:10.0

The company has just announced that it intends to buy one medical, a primary care provider that leverages in-person digital and virtual interactions in its services.

1:20.0

One medical went public in 2020 and Amazon said it will be paying $18 per share for the company

1:27.0

working out to an enterprise value of $3.9 billion.

1:31.5

Amazon is so far not saying much at all about its plans for one medical under the wing of

1:36.2

Amazon.

1:37.2

It's not clear, for example, if it will remain an independent company or whether it will

1:41.7

be integrated into Amazon's wider health care strategy.

...

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