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Time’s Up chair resigns after reportedly aiding Cuomo effort to discredit accuser

Roberta Kaplan resigned Monday as chair of Time’s Up, an organization established to fight workplace sexual misconduct, after an investigation found she was involved in New York Gov. Andrew Cuomo's effort to discredit a woman who accused him of sexual harassment, according to the New York Times.

Why it matters: The report from investigators appointed by the New York attorney general found that Kaplan reviewed a draft of a letter that "denied the legitimacy of [ex-Cuomo aide Lindsey] Boylan's allegations, impugned her credibility, and attacked her claims as politically motivated."

What they're saying: Kaplan, who founded Time’s Up's legal defense fund, said in her resignation letter that she could not answer questions about her involvement with Cuomo because she is a practicing lawyer, according to the Times.

  • “I therefore have reluctantly come to the conclusion that an active law practice is no longer compatible with serving on the Board at Time’s Up at this time and I hereby resign," the letter reads.

The big picture: Melissa DeRosa, a top aide for Cuomo who investigators said also helped the governor discredit Boylan and other accusers, resigned from her position on Sunday.

  • Attorneys representing Cuomo and New York's executive chamber have criticized the attorney general's investigation as partisan and have denied that Cuomo and other executive chamber members attempted to retaliate against accusers.

Go deeper: Cuomo's lawyer appears to dig him deeper in controversy

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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