Browsing: money

Cone Health, a small not-for-profit health care network in North Carolina, spent several years developing a smartphone-based system called Wellsmith to help people manage their diabetes. But after investing $12 million, the network disclosed last year it was shutting down the company even though initial results were promising, with users losing weight and recording lower…

Anthropic is working on a new Claude feature labeled “Money,” which appears as a separate tab in the mobile app’s navigation. The unreleased interface says users can “link your bank accounts” and ask Claude about spending, plans, and other financial questions. No equivalent Money tab has surfaced on Claude’s web interface yet.

Add preferred source KKR sold U.S. insurance brokerage USI Insurance Services to Aon for approximately $17 billion, recovering $3.3 billion after taxes. The deal is notable not just for its returns, but for its unusual structure: KKR held the stake for nine years using only its own corporate capital, rather than a fund raised from…