Xiaomi added to U.S. blacklist of Chinese military companies

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Xiaomi’s Headquarters Getty Images GUANGZHOU, China — The Trump administration has added smartphone maker Xiaomi to a blacklist of alleged Chinese military companies. Hong Kong-listed shares of the Chinese firm were down 10.6% at the open on Friday on that news. Beijing-based Xiaomi was the world’s third-largest smartphone maker in […]

Apple invests $10 million in Harlem Capital VC firm

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“Changing the face of entrepreneurship.” That’s the thesis of early-stage venture capital firm Harlem Capital, which just received a $10 million investment as part of Apple’s diversity push. Apple announced the investment on Wednesday as part of its plan to allocate $100 million to address racial equity and justice. CEO […]

POSH starts trading on Nasdaq

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Rafael Henrique | LightRocket | Getty Images Shares of online clothing reseller Poshmark popped more than 130% in the company’s market debut Thursday. The stock began trading at $97.50 per share. On Wednesday, Poshmark priced its IPO at $42 a share, giving it an initial valuation of more than $3 […]

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