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Biden presses Netanyahu on Gaza ceasefire

President Biden said in a phone call Wednesday with Israeli Prime Minister Netanyahu that he “expected a significant de-escalation today on the path to a ceasefire," the White House said in a statement.

  • Why it matters: This is the fourth phone call between Biden and Netanyahu since the beginning of the crisis in Gaza and another sign of growing U.S. pressure on Israel to end its operation against Hamas in Gaza.
  • The other side: Netanyahu has resisted calls for a ceasefire and insisted there can be no time limit on Israel's operation.

Go deeper: Israel targets Hamas commanders fighting hits day 10

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Why the startup world needs to ditch "unicorns" for "dragons"

When Aileen Lee originally coined the term "unicorn" in late 2013, she was describing the 39 "U.S.-based software companies started since 2003 and valued at over $1 billion by public or private market investors."

Flashback: It got redefined in early 2015 by yours truly and Erin Griffith, in a cover story for Fortune, as any privately-held startup valued at $1 billion or more. At the time, we counted 80 of them.

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Scoop: Facebook's new moves to lower News Feed's political volume

Facebook plans to announce that it will de-emphasize political posts and current events content in the News Feed based on negative user feedback, Axios has learned. It also plans to expand tests to limit the amount of political content that people see in their News Feeds to more countries outside of the U.S.

Why it matters: The changes could reduce traffic to some news publishers, particularly companies that post a lot of political content.

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