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Trump to take part in NBC town hall instead of second debate

NBC announced Wednesday that President Trump will take part in a socially-distanced Miami town hall this week.

The big picture: The decision comes after after the president balked at a virtual second presidential debate following his positive coronavirus diagnosis.Joe Biden will simultaneously join a town hall held by ABC News in Philadelphia.

  • "Today" anchor Savannah Guthrie will moderate Trump's event. The audience will be required to wear masks, and Guthrie and Trump will remain 12 feet apart.

Worth noting: The network said that it had received a statement from NIH clinical director Clifford Lane, saying that he and Anthony Fauci had reviewed a PCR test collected from the president earlier this week and believe Trump is "not shedding infectious virus ... with a high degree of confidence."

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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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