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New York daily coronavirus cases top 1,000 for first time since June

New York on Friday reported more than 1,000 new coronavirus cases for the first since June.

Why it matters: The New York City metropolitan area was seen as the epicenter of the COVID-19 pandemic throughout the spring. But strict social distancing and mask mandates helped quell the virus' spread, allowing the state to gradually reopen.

By the numbers: The 1,005 positive cases came from 99,953 tests reported on Friday, Gov. Andrew Cuomo (D) tweeted.

  • Cuomo noted that state hospitalizations are at 527 and Friday saw four coronavirus deaths.

Go deeper: Better testing can fight more than the pandemic

Today's update on the numbers:

Of the 99,953 tests reported yesterday, 1,005 were positive (1.00% of total).

Total hospitalizations are at 527.

Sadly, there were 4 COVID fatalities yesterday.

— Andrew Cuomo (@NYGovCuomo) September 26, 2020

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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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