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As of end-September, China's private funds amounted to 10.32 trillion yuan (.58 trillion), up by 860 billion yuan in the third quarter. About 63 percent of the total were funds for private equities and venture capital, which stood at nearly 6.48 trillion yuan.

As part of its strategy, it announced a partnership with United States-based health information provider WebMD, to access the latter’s healthcare information resource through Tencent’s newly established digital platform. In this way, it will bring more high-quality original health content to the nation.

As of Saturday, New York has 113,704 confirmed COVID-19 cases, including 63,306 in New York City. The state has the largest number — around 39 percent — of confirmed cases in the US. As of today, 3,565 people have died due to COVID-19 in the state. There are 15,905 people in the hospital and 4,126 in ICU (intensive care units).

As noted in Do’s LinkedIn profile, the company is a small one, and it has only raised about .4 million in its lifetime, according to TechCrunch. But it has some big backers, including Salesforce.

As part of his comments, Turner also noted that Microsoft isn’t just approaching the market from its legacy Windows business. “We had 400 million people using Hotmail.com, which became Outlook.com. We had 300 million people using Skype and if you look at our services in the cloud it’s allowed us to participate in this commodity priced storage and compute environment and upgrade those customers to our value-added services.”