One of the major issues that's emerged since the failed rollout of HealthCare.gov is that there was no lead contractor on the project. (CGI Federal was the biggest contractor — awarded the most expensive contract — but says it did not have oversight over the other parts of the system.) Instead, the quarterbacking was left to the Centers for Medicare and Medicaid Services, a subagency of the Department of Health and Human Services.
Twitter announced today that it plans on selling 70 million shares at $17 to $20 each, during its initial public offering.
Bloomberg and The Wall Street Journal did the math and it means that the company is looking to raise about $1.4 billion and values itself at about $11 billion at the high end. This is the biggest tech IPO since Facebook went public in May of 2012.
Originally published on Thu October 24, 2013 9:41 am
Five years ago, a landmark report excoriated the animal agriculture industry's practices and laid out a road map for how it could do better. But in the years since, the problems are just as bad — and maybe even worse.
That's the conclusion of the Johns Hopkins Center for a Livable Future. This week, the center scolded the industry again with a review of how it has fared in the years since the Pew Commission on Industrial Farm Animal Production released its original report.
Originally published on Thu October 24, 2013 10:01 am
HealthCare.gov, the faulty website where people can sign up for health insurance under the Affordable Care Act, has become nearly synonymous with the word "glitch" — sometimes defensively, sometimes mockingly.
President Obama is putting former CEO Jeff Zients in charge of the "tech surge" — the administration's emergency effort to fix the Web portal at the heart of the federal government's new health care market. But what about the contractors that built the system? What's their responsibility?