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"We can’t wait any longer": Pelosi says the House will move forward with Jan. 6 investigations

Speaker Nancy Pelosi said Tuesday the House will move forward with investigating the deadly Jan. 6 insurrection, AP reports.

Why it matters: The Senate last month failed to advance a bill that would create a 9/11-style commission to investigate the Capitol riot. Pelosi's comments come after military officials and FBI Director Christopher Wray testified earlier Tuesday on the Jan. 6 events.


What she's saying: Pelosi met with several committee chairs prior to the hearing and said after that the final form of the probe is "to be determined," per AP.

  • "Whether we have a commission today, tomorrow or the next day over in the Senate, or not, the work of the committees will be very important in what we’re seeking for the American people — the truth," Pelosi said.
  • "We can’t wait any longer," she added. "We will proceed."

The big picture: A Senate report released last week found that Capitol Police intelligence began gathering data on plots to breach the Capitol last December, but failed to convey the threats to USCP leadership, rank-and-file officers or federal law enforcement agencies.

  • President Biden has opposed appointing his own commission to investigate the insurrection. White House officials told Axios he is allowing Pelosi to take the lead.
  • Two in three Americans — including the majority of moderate and liberal Republicans — favor creating a bipartisan commission to investigate the deadly attack, per a May SurveyMonkey poll for Axios.

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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

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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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