TIME

Amazon (and friends) takes on a new industry: health care

WHAT HAPPENS WHEN A company defined by utterly ruthless efficiency sets its sights on the flabbiest part of the U.S. economy? We shall see, now that Amazon has announced that it—along with Warren Buffett’s Berkshire Hathaway and the banking behemoth JPMorgan Chase—will be entering the dominion of health care.

“The three of our companies have extraordinary resources, and our goal is to create solutions that benefit our

You’re reading a preview, subscribe to read more.

More from TIME

TIME2 min read
Facing A Ban In The U.S., TikTok Gears Up For A Legal Battle
TikTok’s 170 million users in the U.S. face losing access to the ubiquitous social media app after President Biden signed into law a bill on April 24 compelling the app’s Chinese parent company ByteDance to either sell it by January 2025 or face a na
TIME3 min read
Kathleen Hanna
You’ve been in the public eye since you founded your groundbreaking feminist punk band Bikini Kill, over 30 years ago. When did you decide to write your memoir? I started talking about it when I was maybe 40. Then I got sick with Lyme disease, and th
TIME2 min read
The 2024 TIME100 Summit
The TIME100 community gathered in New York City on April 24 for conversations including, clockwise from bottom left, actor Elliot Page with TIME’s Sam Lansky; comedians Phoebe Robinson and Alex Edelman with TIME editor-in-chief Sam Jacobs; TIME CEO J

Related