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Reuters This is what you need to know.  1. Big tech's antitrust wipeout: $33 billion erased from the value of Amazon, Apple, Facebook, and Google after DOJ announces probe.The DOJ said on Tuesday that it's launching a broad probe into whether online platfor…

Executives from 25 tech companies gathered in Shanghai to celebrate the start of trading of Chinas new stock board, which launched Monday morning. After a day of trading, its clear they had reason to celebrate; the companies listed on Shanghai Stock Exchange…

Visa hasn't missed analyst earnings-per-share estimates since the fourth quarter of 2015, and its stock has outperformed the S&P 500, Dow Jones Industrial Index, and Nasdaq Composite year-to date. Of the 39 analysts covering the stock, only one rates it "…

Hello and welcome back to Equity, TechCrunchs venture capital-focused podcast, where we unpack the numbers behind the headlines. It’s a good week here at Equity HQ because our two co-hosts are both back at the same time! Kate Clark and Alex Wilhelm, after ea…

Christophe Petit Tesson/Pool via AP Here is what you need to know.  1. France is Trump's new target as he broadens the scope of his global trade war once again. The US has set the stage to retaliate against a French tax on Facebook, Google, Amazon, and othe…

A Chinese video-streaming service raised $775 million through a Nasdaq listing, capitalizing on the growing popularity of watching others play games on the internet. The initial public offering by DouYu International Holdings Ltd. DOYU, +0.00%   was the b…

Patrick Semansky, File via AP, Evan Vucci/AP Here is what you need to know.  1. The House of Representatives voted to condemn Trump's 'racist comments' in a remarkable rebuke of the president."You're right, Mr. President — you don't have a racist bone in yo…

Chip Somodevilla/Getty Images Here is what you need to know. 1. US Treasury Secretary Mnuchin has warned that Facebook's Libra could be a tool for terrorists, traffickers, and drug smugglers. Bitcoin's price barely moved on the comments. 2. UK Prime Minist…

Reuters Here is what you need to know.  1. Leaving the European Union without a deal in later this year will destroy "many thousands of jobs" in the United Kingdom, the Business Secretary Greg Clark has warned.Boris Johnson, the favorite to replace May, has…

Spencer Platt / Getty Images Stocks climbed on Thursday after Federal Reserve Chair Jerome Powell signaled the central bank would lower interest rates this month."A July rate cut seems set in stone as Powell cites geopolitical uncertainties …