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Federal appeals court upholds CDC's eviction moratorium

The U.S. Court of Appeals for the District of Columbia left in place the Centers for Disease Control and Prevention's COVID-related eviction moratorium on Friday.

Why it matters: Alabama and Georgia realtors will likely appeal the ruling to the Supreme Court, which declined to lift the ban in June but signaled that it would not tolerate another extension.


  • Justice Kavanaugh said in June that he believed that the CDC exceeded its authority in enacting the moratorium and that congressional authorization would be necessary for the CDC to extend it.

The big picture: President Biden let an earlier moratorium lapse, fearing an extension would be struck down in the courts.

  • The CDC issued a new moratorium in early August after progressive lawmakers pressured the White House to act unilaterally amid a COVID surge driven by the Delta variant.

Federal judges so far have kept the ban alive.

  • U.S. District Judge Dabney Friedrich denied the landlords' request to pause the moratorium last week despite her belief that the policy is illegal.
  • While Biden's new moratorium wasn't technically an extension, Friedrich said it should be considered one.

Read the ruling:

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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