Morning Headlines 6/7/18

Trump seeks to reorganize the federal government

White House officials plan to propose a reorganization of the federal government that would consolidate welfare programs under HHS – a move that would necessitate renaming the department.

HP sees up to 5,000 job cuts as part of restructuring plan

HP expects to lay off between 4,500 and 5,000 employees by 2019 as part of restructuring plans originally announced in 2016.

MyHeritage Statement About a Cybersecurity Incident

Consumer DNA testing company MyHeritage alerts customers to a data breach that compromised the email addresses and passwords of 92,283,889 users.

A meditation app loved by Wall Street and Silicon Valley wants to unveil a prescription-strength version with FDA approval

Headspace launches new subsidiary Headspace Health with an eye towards developing FDA-approved, prescription-strength meditation apps targeted at specific medical conditions.