The funding is another sign that China's electric car market is heating up with Evergrande posing a potential challenge to Tesla, Nio and Xpeng Motors.
Investors are taking note of the success enjoyed by Sutter Hill Ventures, a longstanding firm that has gone big on incubating start-ups and growing them fast.
Amazon could be looking at antitrust reform, stronger privacy standards and a new push for workers' rights, among other issues, under the new administration.
As Oracle, Palantir and Hewlett-Packard Enterprise move their headquarters out of California, experts say the state needs to find ways to reverse the trend.
Brad Smith said because Microsoft has contributed to campaigns, representatives can attend events, and that can result in a willingness to work with Microsoft.
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