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Pelosi invites Biden to address Congress in late April

House Speaker Nancy Pelosi on Tuesday invited President Biden to address a joint session of Congress on April 28.

Why it matters: This will be Biden's first speech to both the House and Senate since taking office.


Details on the Capitol’s plans were not immediately available.

What she's saying: "Nearly 100 days ago, when you took the oath of office, you pledged in a spirit of great hope that ‘Help Is On The Way.’  Now, because of your historic and transformative leadership, Help Is Here!," Pelosi wrote.

  • "In that spirit, I am writing to invite you to address a Joint Session of Congress on Wednesday, April 28, to share your vision for addressing the challenges and opportunities of this historic moment."

Of note: "Former Presidents Donald Trump and Barack Obama both gave their first addresses in February of their first years in office," Politico writes.

  • Yes, but: Biden's address is likely look different from a traditional joint session as the coronavirus pandemic persists.

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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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