Airlines Prepare to Bring Back Thousands of Workers 
 

The Covid-19 relief bill passed by Congress will cover carriers' payrolls through March, but a rebound in air travel remains uncertain.

 
Blacklisting of Chinese Chip Maker Comes With Exceptions 
 

U.S. lawmakers want tougher curbs on exports to Chinese semiconductor giant SMIC.

 
China Turns Up Pressure on Its Tech Giants 
 

Six of China's largest consumer internet businesses, including Alibaba and Tencent, were informed of increased scrutiny of a popular e-commerce purchasing model.

 
U.S. Postal Service Struggles to Keep Up With Christmas Deliveries 
 

Super Saturday wasn't so super for bricks-and-mortar stores, and the Postal Service is starting to buckle under the flood of holiday orders that shifted online.

 
Peloton Acquires Fitness-Equipment Maker Precor for $420 Million 
 

The move will help boost manufacturing capacity at a time when Peloton has struggled to reduce delivery delays and long wait times for customer service as the pandemic has increased demand for its products.

 
IAC to Spin Off Vimeo 
 

IAC/InterActive Corp. said it would spin off online video platform Vimeo as an independent publicly traded company, sending shares of IAC up more than 14% in morning trading.

 
Google, Facebook Agreed to Cooperate, Draft Suit Alleges 
 

Facebook and Google agreed to "cooperate and assist one another" if they ever faced an investigation into their pact to work together in online advertising, according to an unredacted version of a lawsuit filed by 10 states against Google last week.

 
How Amazon Wins: By Steamrolling Rivals and Partners 
 

CEO Jeff Bezos still runs the e-commerce giant with the drive of a startup trying to survive. That strand of its corporate DNA is becoming a liability, as its tactics to dominate nearly every market-furniture, diapers, tripods, shoes-make it a target for antitrust enforcers and politicians.

 
Netflix Aims for Hit in Africa 
 

Streaming giant invests in the continent, but challenges include piracy, slow internet and poverty.

 
WeChat Becomes a Powerful Surveillance Tool Everywhere in China 
 

China's do-everything app, WeChat, has become one of the most powerful tools in Beijing's arsenal for monitoring the public, censoring speech and punishing people who voice discontent with the government.

(END) Dow Jones Newswires

December 22, 2020 13:00 ET (18:00 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.