Amazon Delays Launch Of Virtual Care Services After Elizabeth Warren's Letter On 'Harvesting' Concerns: Politico
Portfolio Pulse from Benzinga Newsbot
Amazon has postponed the launch of its virtual care services across all 50 states due to privacy concerns raised by Senators Peter Welch and Elizabeth Warren. The Senators expressed concerns about Amazon 'harvesting' health data from patients and requested more transparency about the company's data practices.
June 25, 2023 | 12:40 pm
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Amazon has delayed the launch of its virtual care services in response to privacy concerns raised by Senators Warren and Welch, potentially impacting the company's expansion into the healthcare sector.
The delay in launching Amazon's virtual care services could slow down the company's expansion into the healthcare sector. The concerns raised by Senators Warren and Welch may lead to increased scrutiny and potential regulatory hurdles, which could negatively impact Amazon's stock price in the short term.
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