Best Buy’s health unit restructuring resulted in charges of $109 million in Q1 2021, following a non-cash goodwill impairment charge of $475 million in Q4 2020 due to lower financial projections. CEO Corie Barry noted the development of in-home health services in partnership with healthcare organisations has been slower than anticipated, with the future of the federal government’s hospital-at-home waiver uncertain. Despite these snags, Best Buy plans to continue leaning into its health business strategy.
Application security risk: How leaders can protect their businesses
Application security risk is escalating due to the proliferation of new services and larger attack surfaces, challenging cyber leaders to enhance their defenses against vulnerabilities.
