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Bessemer raised $5.75B, allocating $4B to growth-stage funding, including young companies raising large rounds at high valuations, and $1.75B for early-stage (Natasha Mascarenhas/Bloomberg)

Natasha Mascarenhas / Bloomberg : Bessemer raised $5.75B, allocating $4B to growth-stage funding, including young companies raising large...

1 May 2024

Walmart discontinues its telehealth service Health Virtual Care citing "escalating operating costs"; Walmart acquired telehealth provider MeMD in 2021 (Justine Calma/The Verge)

Justine Calma / The Verge:
Walmart discontinues its telehealth service Health Virtual Care citing “escalating operating costs”; Walmart acquired telehealth provider MeMD in 2021  —  Walmart isn't making enough money off its new health centers, so it decided to close up shop.

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