U.S.-based companies offering services over the internet, including startups selling software tools and services for artificial intelligence and cybersecurity, as well as e-commerce providers, landed $15.3 billion in funding across 687 financing deals in the fourth quarter of 2020.
Smartphone giant Xiaomi became the latest Chinese technology group to be targeted by the Trump administration, with its surprise addition to an investment blacklist sending its shares sharply lower.
Apple removed social-media platform Wimkin from its App Store, part of a crackdown by tech companies on potentially dangerous content during the presidential transition. The small site, which markets itself as a free-speech haven, had hosted posts that included a call for civil war.
Alibaba, Baidu, and Tencent were among a dozen companies being examined for inclusion in a Defense Department list of firms deemed to support Chinas military, intelligence and security services.
Amazon said it would stop providing cloud services to the platform and Apple suspended Parler from its App Store, sharply escalating a campaign by tech giants to regulate content they see as dangerous in the wake of the Capitol riot.
The value of Teslas shares rose around 6% intraday Thursday, enough for Elon Musk to surpass Amazons Jeff Bezos in the Bloomberg Billionaires Index.
In the wake of the riot at the Capitol, companies moved to cut ties with President Trump and his supporters and fired workers who participated.
Online stores run by the Trump Organization and Trump campaign were taken offline on Thursday by the e-commerce software provider, which said President Trump violated company policy against promoting violence.
The increase was driven by frozen foods, sundries and liquor sales, despite lower frequency of sales world-wide because of restrictions tied to coronavirus pandemic.
The billionaire businessman and Alibaba founder has disappeared from the public limelight after brushes with Chinese regulators in recent weeks, sparking speculation about his fate.
Haven, which had targeted innovations in areas such as primary care, insurance coverage and prescription drug costs, is shutting down.
The ruling Party shows Jack Ma and investors whos the real boss.