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Alphabet's Verily Sells Granular Insurance To Elevance Health Amid Healthcare Strategy Refocus
Friday, February 7, 2025 - 1:39am | 456Verily, Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) health technology subsidiary, announced Thursday it will sell its stop-loss insurance business, Granular Insurance Company, to Elevance Health (NYSE:ELV). The deal marks another strategic pivot for the Alphabet unit as it refocuses its...
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Alphabet's Life Sciences Firm Verily To Become A Standalone Entity, Disconnect From Google
Tuesday, November 19, 2024 - 12:08am | 624Verily, the life sciences subsidiary of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), has set a deadline to sever its ties with Google by December. This move is seen as a crucial step towards Verily’s goal of becoming an independent company. What Happened: Verily has set a deadline of Dec 16 to...
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Google Sister Verily Raises $700M As It Seeks To Scale Up
Friday, December 18, 2020 - 1:50am | 400Verily, Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) life sciences research unit, on Thursday disclosed raising $700 million from existing investors in its latest funding round. What Happened: In addition to parent Alphabet — Silver Lake, Temasek, Ontario Teacher’s Pension Plan...
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1,000 Google Employees Volunteer To Help Expand Sister Company's Coronavirus Testing Program
Friday, March 27, 2020 - 6:45am | 444A thousand Google LLC employees have volunteered to help with the novel coronavirus triage testing program developed by fellow Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Verily. What Happened "People across Alphabet are volunteering time [and] I've never seen so much...
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Google Needs To Convince Wall Street It Does More Than Sell Ads
Thursday, July 28, 2016 - 10:31am | 406Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) will report its second-quarter results after Thursday's market close. All the attention will be focused on seeing if it can duplicate the success that Apple Inc. (NASDAQ: AAPL) and Facebook Inc (NASDAQ: FB) delivered to its shareholders earlier this week...