Whether it is a good idea for xAI to buy X, depends on a variety of strategic, financial, and operational factors. As of March 29, 2025, reports indicate that xAI has acquired X in an all-stock deal valuing xAI at $80 billion and X at $33 billion (including $12 billion in debt).
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xAI Buys X (Twitter)! Is Elon Musk risking too much on a fad or is AI here to stay?
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Spectramed and Resolution Health merge to form Health Squared Medical Scheme
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Spectramed Medical Scheme and Resolution Health Medical Scheme (Resolution Health) have merged to form Health Squared Medical Scheme, as from 1 January 2019.
Independent auditors confirmed that 93% of members voted for the merger, and the schemes have extensively engaged with the Council for Medical Schemes (CMS) and, with their involvement, the merger process is now subject to final approval by the CMS and Competition Commission.
Health Squared will be administered by Agility Health, which is currently the managed care provider and administrator for both Spectramed and Resolution Health.
The launch of Health Squared forms part of an overall strategy to protect the interests of members while strengthening the service offering in the context of future developments in the South African healthcare landscape.
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Free Medical-Aid, Hospital and Funeral Plan and Insurance Quotes at www.MedSure.co.za
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