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January 30, 2018 05:11 pm GMT

Amazon's Jeff Bezos and a team of billionaires are launching a new healthcare business

Alexa, make health care better. 

Amazon CEO Jeff Bezos is finally publicly stepping into the healthcare industry. Amazon has teamed up with banking giant JPMorgan and holding company Berkshire Hathaway to start a healthcare business, the companies announced on Tuesday. 

SEE ALSO: Amazon Music Unlimited is getting even more unlimited

Per typical tech company fashion, the initiative's goal is to disrupt an old industry by providing technological solutions and, in turn, simplify and decrease the expenses of the process for consumers. The new initiative does not have a name or CEO yet, and is being headed by three executives from each participating company.  Read more...

More about Amazon, Health Care, Jeff Bezos, Warren Buffett, and Cvs

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/2qXQUT3ZjBs/

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