IBM has resurrected its sale process for IBM Watson Health, with hopes of fetching more than $1 billion, people familiar with the situation tell Axios.
Why it matters: Big Blue wants out of health care, after spending billions to stake its claim, just as rival Oracle is moving big into the sector via its $28 billion bet for Cerner.
Hong Kong on Wednesday banned all incoming passenger flights from eight countries, including the United States, to prevent the spread of Omicron, the Washington Post reports.
Why it matters: The new restrictions mark the city's strictest COVID-19 restrictions since the pandemic began two years ago as officials seek to maintain a "zero-covid" policy amid the spread of Omicron, per the Post.
Driving the news: Before Tuesday — when Joe Ingles entered COVID protocols — the Jazz were the only NBA team that hadn't added a player to that list this season.
As the Centers for Disease Control and Prevention sought to clarify its COVID isolation guidance Tuesday, it managed to further muddy the waters.
The big picture: The CDC's guidance says people who have tested positive, or those who suspect they have COVID due to symptoms, should isolate for at least five days.
French President Emmanuel Macron said on Tuesday that he wants to “piss off” unvaccinated people as part of his strategy to fight COVID-19.
What he’s saying: Speaking to Le Parisien, a French newspaper, Macron said policies that ban unvaccinated people from cafes and theaters and otherwise limit their social activities are intended to be frustrating, adding: "I really want to piss them off. And so we will continue to do so, to the bitter end. That's the strategy."
The Biden administration is finalizing contracts to mail millions of at-home COVID-19 rapid tests "later this month," White House Press Secretary Jen Psaki said Tuesday.
Why it matters: President Biden began ramping up testing efforts after receiving widespread criticism for not making at-home tests widely available ahead of the emergence of the Omicron variant, which has driven up infections across the U.S.
President Biden announced Tuesday that the U.S. will buy 20 million courses of Pfizer's COVID antiviral pill Paxlovid, effectively doubling its previous order of 10 million.
Why it matters: Data released by Pfizer in December showed that the pill reduced the risk of hospitalization or death by 89% in high-risk adults.
Novak Djokovic has been granted a medical exemption from the COVID-19 vaccine requirement at the Australian Open and will be competing in the tournament, Djokovic announced and the Australian Open confirmed on Tuesday.
Why it matters: Djokovic, the world's No. 1 tennis player, had so far not revealed his vaccination status and it was unclear whether he would play in the tournament, per the Washington Post.
The Centers for Disease Control and Prevention on Tuesday updated its COVID-19 vaccine guidance, recommending that those who received the Pfizer shot get a booster five months after getting their second shot instead of six.
Driving the news: The move comes a day after the Food and Drug Administration expanded vaccine booster eligibility, allowing 12- to 15-year-olds to receive a third shot. The FDA also shortened the amount of time people must wait between receiving a second shot and booster from six to five months.
A federal judge issued a preliminary injunction Monday that prevented the Department of Defense from enforcing its COVID-19 vaccination requirement and punishing a group of 35 Navy Seals who refused to get vaccinated and sued the federal government over the mandate.
Why it matters: The injunction, which will likely be appealed by the Biden administration, raises questions on how it might shape the Pentagon’s vaccine mandate for all U.S. troops if ultimately upheld.
Drug companies raised the prices on hundreds of medications on Jan. 1, with most prices up 5% to 6% on average.
Why it matters: The start of the new year is the most popular time for drug companies to hike prices, and even though high drug prices remain one of the biggest political health care issues, increases in 2022 are tracking in line with other recentyears.
A series of preliminary studies suggest that cellular immunity elicited by vaccines or prior COVID infections remains effective against the Omicron variant.
Why it matters: This form of immunity is associated with protection against severe disease. That means that while vaccinated people or those with prior infections are significantly less protected against Omicron infection, they're unlikely to become seriously ill.
Elizabeth Holmes, the founder and former CEO of blood-testing company Theranos, on Monday was found guilty of conspiracy and fraud against certain investors by a California jury.
Why it matters: Holmes was the poster child of Silicon Valley hubris, taking "fake it till you make it" to illegal extremes. She was found not guilty on several charges relating to patients and company ads in Arizona.
