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Bill Gates at the New Economy Forum in November 2019 in Beijing, China. Photo: Hou Yu/China News Service/VCG via Getty Images

The Bill and Melinda Gates Foundation pledged $150 million for its coronavirus relief efforts on Wednesday, on top of the $100 million committed in February.

The big picture: Tech giants like Google and Facebook have donated hundreds of millions to COVID-19 relief efforts.

Catch up quick: The $250 million in total is being used to support African and South Asian countries, vaccine development, models to project the course of COVID-19, emergency aid for students after school closures, and investing in medical supplies, the Gates Foundation says.

What they're saying: "COVID-19 doesn’t obey border laws. Even if most countries succeed in slowing the disease over the next few months, the virus could return if the pandemic remains severe enough elsewhere,” Bill Gates said in a statement on Wednesday.

  • “The world community must understand that so long as COVID-19 is somewhere, we need to act as if it were everywhere. Beating this pandemic will require an unprecedented level of international funding and cooperation.”

Go deeper: Google donates $800 million in cash and ads to fight coronavirus

Go deeper

Trump gives farewell address: "We did what we came here to do"

Photo: Mandel Ngan/AFP via Getty Images

President Trump will give a farewell video address on Tuesday, saying that his administration "did what we came here to do – and so much more."

Why it matters, via Axios' Alayna Treene: The address is very different from the Trump we've seen in his final weeks as president — one who has been refusing to accept his loss, who peddled conspiracy theories that fueled the attack on the Capitol, and who is boycotting his successor's inauguration. 

Dave Lawler, author of World
5 mins ago - World

Europeans have high hopes for Joe Biden

Data: Pew Research Center; Chart: Andrew Witherspoon/Axios

Joe Biden's inauguration will be greeted with enthusiasm in Europe, with three new polls making clear that most Europeans can't wait to bid Donald Trump adieu.

The big picture: Europeans generally expect brighter days ahead under Biden, according to the polls, but his election has not fully assuaged doubts about U.S. democracy and global leadership.

43 mins ago - Health

U.S. surpasses 400,000 coronavirus deaths on Trump's final full day in office

Expand chart
Data: CSSE Johns Hopkins University; Chart: Andrew Witherspoon/Axios

Over 400,000 people have died from the coronavirus in the U.S. as of Tuesday, per Johns Hopkins data.

Why it matters: It only took a little over a month for the U.S. to reach this mass casualty after 300,000 COVID deaths were reported last month. That's over 100,000 fatalities in 36 days.