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Rudy Giuliani rails against Black Lives Matter, Antifa and De Blasio in RNC speech

President Trump's personal attorney Rudy Giuliani took on the "unprecedented wave of lawlessness" that has swept across the U.S. at the RNC Thursday night, accusing the Black Lives Matter movement and Antifa of turning peaceful protests into "vicious, brutal riots."

Why it matters: As mayor of New York City, Giuliani was famous for championing a controversial record of crime-fighting, including policies like stop-and-frisk. He tore into his successor Bill De Blasio for allowing crime to rise in New York, and accused Joe Biden of being a "Trojan horse" for progressives "waiting to execute their pro-criminal, anti-police, socialist policies."


The big picture: As Trump's personal attorney, Giuliani became mired in scandal after seeking to pressure the Ukrainian government to investigate Joe and Hunter Biden. He was reported to be under criminal investigation by federal prosecutors in New York last year.

What he's saying: "New York City, once described as America’s Crime Capital, had become by the mid-1990s America’s safest large city. Now today my city is in shock. Murders, shootings and violent crime are increasing at percentages unheard of in the past. We are seeing the return of rioting and looting," Giuliani said.

  • "The whole unprecedented wave of lawlessness began with a truly just cause the unforgiveable police killing of George Floyd in Minneapolis on May 25, 2020. Peaceful protests began all over the land. ... It seemed for a ‘a few brief shining moments’ like Democrat and Republican leaders would come together with a unified proposal to reduce police misconduct."
  • "This possibility was very dangerous to the Left. They had a President to beat and a country to destroy, and although a bi-partisan coalition agreeing on action against police brutality would be very valuable for the country, it would also make President Trump appear to be an effective leader. So, BLM and ANTIFA sprang into action and in a flash hijacked the protests into vicious, brutal riots."

The bottom line: "If Biden is elected, along with the Democrats who are unwilling to speak out against this anarchy, then the crime wave will intensify and spread from cities and towns to suburbs and beyond," Giuliani argued. "I have no doubt, and I’m sure you don’t, when President Trump is re-elected the damage will stop."

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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