The Justice Department will unveil its long-awaited antitrust lawsuit against Google today, according to reports in the Wall Street Journal and other outlets, charging the company with abusing a monopoly position in search and search advertising.
Details: Justice Department lawyers are expected to outline their monopoly case against the search giant in a call with reporters Tuesday morning.
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.
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.
Bird E-Commerce
Robin Bird Head - Free photo on Pixabay
