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Eric Trump says Democrats view the U.S. as "the source of the world's problems"

The president's son Eric Trump tore into Democrats Tuesday evening, saying the party believes "America is the source of the world's problems" during his GOP Convention speech.

What he's saying: "As a result, they believe the only path forward is to erase history and forget the past. They want to destroy the monuments of our forefathers ... They want to disrespect our National Anthem by taking a knee, while our armed forces lay down their lives every day to protect our freedom."


  • "The Democrats want to defund, destroy, and disrespect our law enforcement. The Democrats want an America where your thoughts and opinions are censored when they do not align with their own."
"My father ran, not because he needed the job, but because he knew hardworking people across this great country were being left behind."
  • "First, we were ignored. Then we were laughed at. Then they fought us. And then — together — we won. From that moment forward, America came first. America started winning again. America became respected again."

On Joe Biden, EricTrump said, "He is a career politician who has never signed the front of a check and does not know the slightest thing about the American worker or the American business — the engine which fuels the greatest economy the world has ever known."

  • "The same politician who is a total pushover for Communist China and someone who would be a giant relief for the terrorists who’ve now spent years running, hiding, and being taken out by the most talented military known to man."

Worth noting: Part of the Trump campaign's campaign agenda is to hit Biden for being "soft" on China.

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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Scoop: Amazon quietly getting into live audio business

Amazon is investing heavily in a new live audio feature that's similar to other live audio offerings like Clubhouse, Twitter Spaces and Spotify's new live audio platform, sources tell Axios.

Why it matters: As with Amazon's efforts in podcasting and music subscriptions, the company sees live audio as a way to bolster the types of content it can offer through its voice assistant, Alexa, and its smart speaker products.

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Hurricane Ida exposes America's precarious energy infrastructure

The powerful hurricane that plunged New Orleans into darkness for what could be weeks is the latest sign that U.S. power systems are not ready for a warmer, more volatile world.

The big picture: “Our current infrastructure is not adequate when it comes to these kinds of weather extremes,” Joshua Rhodes, a University of Texas energy expert, tells Axios.

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"We must go further": 70% of adults in European Union are fully vaccinated

About 70% of adults in the European Union are fully vaccinated against COVID-19, Ursula von der Leyen, the president of the European Commission, said Tuesday.

Why it matters: The milestone makes the E.U. one of the world's leaders in inoculations, after an initially lagging vaccine campaign, the New York Times notes.

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What Elizabeth Holmes jurors will be asked ahead of fraud trial

Jury selection begins today in USA v. Elizabeth Holmes, with the actual jury trial to get underway on Sept. 8.

Why it matters: Theranos was the biggest fraud in Silicon Valley history, putting both hundreds of millions of dollars and thousands of patients' health at risk.

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