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Rep. Dan Crenshaw at RNC: "We are a country of heroes"

Rep. Dan Crenshaw (R-Texas) drew on his experience as a Navy SEAL in a speech centered on American "heroes" at the Republican National Convention on Wednesday night.

Why it matters: Crenshaw, one of the youngest Republicans in the House at 36, is seen as a rising star in GOP, but his race against Sima Ladjevardian in November is gaining nationwide attention as Democrats seek to flip the seat in increasingly-purple Texas.


What he's saying: "8 years ago, in the fields of Helmand Province, Afghanistan, a close friend and teammate laid down cover fire against Taliban insurgents so that I could walk – blind and bloodied – to the Medevac helicopter and survive. But he didn’t. Dave was killed two months later. He died a hero to this great country," said Crenshaw, who lost his right eye in combat in Afghanistan.

  • "Here’s the truth about America: we are a country of heroes. I believe that, so should you," he added.
  • "But America’s heroism is not relegated to the battlefield. Every single day we see them… if you just know where to look. It’s the nurse who volunteers for back to back shifts caring for COVID patients because she feels that’s her duty."
  • "It's who we are – a nation of heroes, and we need you now more than ever. We need to remind ourselves what heroism really is."

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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