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Texas federal judge bars new DACA applicants

President Barack Obama did not have the legal authority to create the Deferred Action for Childhood Arrivals (DACA) program, which offers protections from deportation for immigrants brought to the U.S. illegally as children, a federal judge ruled on Friday.

Why it matters: U.S. District Judge Andrew Hanenordered the Biden administration to cease approving new DACA applications but specified that the decision would not affect current recipients for now.


Read the full ruling:

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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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